Exclusive-SES $3.1 billion Intelsat deal to gain unconditional EU antitrust nod, sources say


FILE PHOTO: Satellite model is placed on Intelsat logo in this picture illustration taken April 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

BRUSSELS (Reuters) -European satellite company SES is set to win unconditional EU antitrust approval for its $3.1-billion bid for rival Intelsat, people familiar with the matter said, creating a major European player to rival Elon Musk's Space X-owned Starlink.

Together with other European satellite companies, Luxembourg-headquartered SES is looking for greater scale to compete more effectively with Starlink and Amazon's Project Kuiper.

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