SESGL SES SA FDR (Class A)

SES’s O3b mPOWER System Starts Providing High-performance Connectivity Services

SES announced today that O3b mPOWER, its second-generation software-enabled satellite system, is now operational and can provide high-performance connectivity services around the globe. With the first six O3b mPOWER satellites operating at medium Earth orbit (MEO) or 8,000km away from the Earth and with extensive ground infrastructure built around the world, SES will be introducing services in the coming months to O3b mPOWER customers to deliver reliable connectivity services ranging from tens of Mbps to multiple gigabits per second.

This press release features multimedia. View the full release here:

SES’s O3b mPOWER System Starts Providing High-performance Connectivity Services (Photo: Business Wire)

SES’s O3b mPOWER System Starts Providing High-performance Connectivity Services (Photo: Business Wire)

To date, SES has launched six out of 13 O3b mPOWER high-throughput and low-latency satellites, which together with strategically located satellite ground stations, enable SES to serve customers across multiple market segments around the world. With the O3b mPOWER system now operational, SES strengthens its unique MEO network capabilities by complementing its O3b constellation. The launch of the next two O3b mPOWER satellites is expected in late 2024.

In combination with SES’s MEO and geostationary (GEO) networks as well as access to low Earth orbit (LEO) solutions via strategic partnerships, SES is uniquely positioned as an all-orbit solutions provider delivering an attractive combination of high data rates, low latency, service reliability, and flexibility to meet customers’ requirements anywhere.

“We are very excited that O3b mPOWER is now ready to serve our customers around the world. Over the last few years, our SES team, along with our technology partners across space and ground segments, have worked tirelessly to bring our O3b mPOWER system online. I’m proud to say that all the core infrastructure is deployed, tested and ready on a global basis,” said Adel Al-Saleh, CEO of SES. “The demand for O3b mPOWER solutions is very high, and this moment has been long-awaited by our customers. Over the coming weeks we will work with our mobility, government, enterprise and cloud customers on O3b mPOWER onboarding plans. We’re eager to empower their operations with reliable, high-performance, and secure services.”

Follow us on:

| | | |

>

>

About SES

SES has a bold vision to deliver amazing experiences everywhere on earth by distributing the highest quality video content and providing seamless data connectivity services around the world. As a leader in global content connectivity solutions, SES owns and operates the world’s only geosynchronous orbit and medium earth orbit (GEO-MEO) constellation of satellites with the unique combination of global coverage and high performance. By leveraging its vast and intelligent, cloud-enabled network, SES delivers high-quality connectivity solutions anywhere on land, at sea or in the air, and is a trusted partner to the world’s leading telecommunications companies, mobile network operators, governments, connectivity and cloud service providers, broadcasters, video platform operators and content owners. SES’s video network carries over 6,400 channels, reaching 363 million households, delivering managed media services for both linear and non-linear content. The company is headquartered in Luxembourg and listed on Paris and Luxembourg stock exchanges (Ticker: SESG). Further information is available at:

EN
24/04/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on SES SA FDR (Class A)

 PRESS RELEASE

SES : MODIFICATION DU PROGRAMME DE RACHAT DE TITRES

LUXEMBOURG--(BUSINESS WIRE)-- Regulatory News:   Société anonyme de droit luxembourgeois ayant son siège social Château de Betzdorf, L-6815 Betzdorf  immatriculée au registre de commerce et des sociétés de Luxembourg B 81.267 MODIFICATION DU PROGRAMME DE RACHAT DE TITRES Descriptif de ce programme établi en application des dispositions de l'article 241-2 du règlement général de l'Autorité des marchés financiers Ce communiqué modifie le programme publié le 2 novembre 2023. 2 mai 2024 - Le présent communiqué a pour objet, conformément aux dispositions de l'article 241-2 du règlement gé...

 PRESS RELEASE

SES Share Buy Back - Repurchase Report

LUXEMBOURG--(BUSINESS WIRE)-- Regulatory News: Présentation agrégée par jour et par marché     Nom de l'émetteur Code Identifiant de l'émetteur Jour de la transaction Code identifiant de l'instrument financier Volume total journalier (en nombre d'actions) Prix pondéré moyen journalier d'acquisition des actions Marché LEI de l'émetteur Code ISIN (ISO 6166) MIC code (ISO 10383) SES 5493008JPA4HYMH1HX51 22/04/2024 LU0088087324 100,000 5.676839 XPAR SES 5493008JPA4HYMH1HX51 23/04/2024 LU0088087324 100,000 5.6532 XPAR SES 5493008JPA4HYMH1...

Jan Frederik Slijkerman ... (+5)
  • Jan Frederik Slijkerman
  • Jeroen van den Broek
  • Jesse Norcross
  • Nadège Tillier
  • Timothy Rahill

Coffee, Croissants & Credit/SES announces acquisition of Intelsat

TMT - SES reports strong 1Q24 results. SES announces intended acquisition of Intelsat

 PRESS RELEASE

SES to Acquire Intelsat in Compelling Transaction Focused on the Futur...

LUXEMBOURG & MCLEAN, Va.--(BUSINESS WIRE)-- SES S.A. (“SES”) and Intelsat S.A. (“Intelsat”) announce an agreement for SES to acquire Intelsat through the purchase of 100% of the equity of Intelsat Holdings S.a.r.l. for a cash consideration of $3.1 billion (€2.8 billion) and certain contingent value rights. The combination will create a stronger multi-orbit operator with greater coverage, improved resiliency, expanded suite of solutions, enhanced resources to profitably invest in innovation, and benefit from the collective talent, expertise, and track record of both companies. The combination...

 PRESS RELEASE

SES Q1 2024 Results

LUXEMBOURG--(BUSINESS WIRE)-- SES S.A. announces financial results for the three months ended 31 March 2024 and a solid start to the 2024 financial year. Revenue of €498 million (+2.5% YOY(1)) and Adjusted EBITDA(2) of €275 million (+4.7% YOY) Networks up 9.6% YOY(1) including periodic revenue, with Video performance (-5.2% YOY(1)) in line with expectations More than €125 million of new business and contract renewals signed in Q1 2024 Adjusted Free Cash Flow of €38 million net inflow compared with €(41) million net outflow in Q1 2023 Net Leverage at 1.5x(3) including cash & cash...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch