SES and Intelsat in merger talks

SES has confirmed that it is holding talks with Intelsat over a possible merger, a move that would continue a wave of consolidation in the satellite space.
The Luxembourg-based satellite operator issued a short statement substantiating rumours of tie-up talks that originated with Bloomberg. The newswire’s sources claimed that a deal could value the merged entity at north of US$10 billion including debt, adding that negotiations are at an advanced stage and an agreement could come in a matt