PREMIUM
Business
Satellite firm SES says exploring merger with Intelsat
"In response to rumours in the market, SES S.A. confirms that the company has engaged in discussions regarding a possible combination with Intelsat."
According to Bloomberg, a tie-up between SES and Intelsat would lead to the creation of a $10b (sh37.9) plus group. (AFP)
By: NewVision Reporter, Journalists @NewVision
European satellite telecommunications provider SES said Wednesday it is exploring a possible merger with US rival Intelsat in what would be another tie-up in the sector as the race for