Europe Approves SES/Intelsat Deal
The European Commission has signed off on SES' purchase of Intelsat without conditions. The satellite communications and broadcast delivery markets have other "credible competitors" that will exert "sufficient competitive pressure" on the newly combined company, it said. The new entity…
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will also face fiber and low earth orbit satellite competition and won't be able to foreclose downstream competitors by restricting access to its satellite capacity, the commission added. Transfer of Intelsat's FCC licenses to SES is still pending at the agency.