SES raises €900m to take full control of O3b Networks

Satellite operator SES has raised €908.8 million to fund its acquisition of the part of broadband satellite operator O3b Networks that it do3s not already own. SES will issue 39,857,600 million new Fiduciary Depositary Receipts (FDRs) at a price of €19. The number of new FDRs represents 11.6% of the existing number of the company’s […]

SES launches new data network

Satellite operator SES as launched a new satellite data network, SES Plus, based on its partnership with Medium Earth Orbit (MEO) satellite operator O3b Networks. The system will combine SES’s geostationary satellites with their wide-beam coverage and upcoming high-throughput capability with O3b’s MEO craft to offer a range of options for data markets. SES’s first […]

Asia Pacific set for HTS boom

Data applications via high-throughput satellites (HTS) in Asia alone will generate revenues of US$900 million (€800 million) by 2024, according to Northern Sky Research. The satellite research group’s latest report predicts that there will be over 300Gbps of HTS capacity available over Asia by 2020 as new entrants including Intelsat, SES, Eutelsat, ABS and Kacific […]