According to breaking reports, White House federal law enforcement officials have cleared SES’s $3.1 billion acquisition of Intelsat, provided the Federal Communications Commission (FCC) imposes certain conditions on the deal. In my opinion the conditions if accurate seem reasonable, particularly from a national security perspective, so hopefully we will soon have news from SES on this matter as well as a final decision from the FCC.
This news aligns nicely with a conversation I had recently with an executive at SES who was confident the deal would be confirmed in the coming weeks.
I have contacted SES for comment and await a response. In the mean time the leading report I found can be read here:
https://broadbandbreakfast.com/ses-intelsat-deal-clears-foreign-review/
