Tag Archives: SES-Intelsat
SES-Intelsat combination’s far-reaching impact on deal-making
Top Stories Tamfitronics Armand Musey, a satellite industry analyst and founder of Summit Ridge Group, speaking at Satellite Innovation Oct. 22 in Mountain View, California. Credit: Satellite Innovation 2024 webcastTAMPA, Fla. — The ripples from Intelsat’s $3.1 billion sale to rival satellite operator SES are disrupting and delaying deals for suppliers and other companies further downstream, according to finance experts on an Oct. 22 Satellite Innovation panel.“Intelsat and SES are the two largest geostationary satellite operators in the world,” noted Armand Musey, a satellite industry analyst and founder of Summit Ridge Group, driving a large portion of satellite manufacturing and launch orders.“And so those markets have come under pressure,” he continued, affecting “some of the downstream suppliers to each of those players, and suppliers to those suppliers.“I mean, the ripple effect downstream is enormous.”Suppliers risk...
