EU regulators ask if Starlink is credible rival to SES, Intelsat

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EU antitrust regulators, who are examining European satellite company SES‘s $3.1-billion bid for Intelsat, have asked the two companies’ customers whether Elon Musk‘s Space X-owned Starlink is a credible rival to them. The responses, due on Monday, will determine whether the European Commission, the EU executive, clears the deal with or without concessions or opens a full-scale investigation if it has serious concerns.

SES operates a multi-orbit fleet of around 70 satellites that provide services, including video broadcasting, government…



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EU regulators ask if Starlink is credible rival to SES, Intelsat


EU antitrust regulators, who are examining European satellite company SES‘s $3.1-billion bid for Intelsat, have asked the two companies’ customers whether Elon Musk‘s Space X-owned Starlink is a credible rival to them. The responses, due on Monday, will determine whether the European Commission, the EU executive, clears the deal with or without concessions or opens a full-scale investigation if it has serious concerns.

SES operates a multi-orbit fleet of around 70 satellites that provide services, including video broadcasting, government…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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