Intelsat and SES in Talks for a Possible Tie-up

Intelsat and SES might be exploring a path towards a tie-up to join forces to challenge Musk’s SpaceX.

In recently published reports, there have been alleged talks between the US group Intelsat with SES, as they might be exploring a tie-up.

The merger apparently seeks to challenge the existing industry challengers like Elon Musk’s SpaceX and the upcoming group will reportedly be boasting approximately $4 Billion in annual revenue. The discussions however are at a very early stage according to some undisclosed sources and there is no guarantee that this deal will come to fruition.

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