Luxembourg-based satellite communications company SES has agreed to buy Intelsat for approximately $3.1 billion to create a multiorbit operator that offers an expanded suite of satellite-based capabilities, greater coverage, spectrum portfolio and a ground network to serve customers worldwide. The boards of directors of SES and Intelsat have unanimously approved the transaction, which is subject to regulatory clearances and other customary closing conditions and is expected to close by the second … Continue reading Satcom Company SES Strikes $3.1B Deal for Intelsat; Dave Wajsgras Quoted