{"id":243527,"date":"2024-05-18T09:45:18","date_gmt":"2024-05-18T09:45:18","guid":{"rendered":"https:\/\/www.techopedia.com\/?p=243527"},"modified":"2024-05-18T09:45:18","modified_gmt":"2024-05-18T09:45:18","slug":"3-1b-merger-challenges-starlinks-dominance-in-satellites","status":"publish","type":"post","link":"https:\/\/www.techopedia.com\/3-1b-merger-challenges-starlink-dominance-in-satellites","title":{"rendered":"$3.1B Merger Challenges Starlink\u2019s Dominance in Satellites"},"content":{"rendered":"

Space has just got a little more crowded, with the satellite industry preparing for a major shift.<\/p>\n

SES \u2014 otherwise known as the Satellite Communication Service Provider \u2014 has made a power play that is likely to challenge Starlink and change the future of satellite technology.<\/p>\n

The company has announced an agreement to acquire Intelsat<\/a>. For a cash consideration of $3.1 billion, the company will purchase 100% of Intelsat Holdings’ equity.<\/p>\n

While the deal is expected to go through after regulatory clearance and filings in 2025, work is already on the way to build a combined powerhouse.<\/p>\n

Techopedia talked to experts in the satellite industry to understand how impactful the merger will be and uncover the trends, tech, and demands of an industry where the sky is the limit.<\/p>\n

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Key Takeaways<\/span><\/h2>\n