(AOF) – Strongest drop in the SBF 120 index, SES fell 9.41% to 5.01 euros while Eutelsat lost 2.73% to 3.78 euros. SES and Intelsat SA have restarted discussions on a potential merger to create a satellite giant, after the failure of a previous attempt last year, Bloomberg claims, citing a source close to the matter. Discussions are continuing and there is no guarantee that they will lead to an agreement, this source said.
Such an operation would create a European satellite giant capable of better competing with Elon Musk and his satellite constellation, Starlink.
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