____________________________________________________________________________________________________________ Intelsat
GEO and LEO ) to Intelsat ’ s customers around the world . It made a lot of sense for both our companies .
“ The partnership with Eutelsat and proposed acquisition by SES , once closed , will help us level the playing field and maintain our competitive position in the marketplace . In the coming years , the combined company will have a portfolio of GEO , MEO , and LEO solutions , which is what we believe is necessary to compete with new space companies moving forward .”
David ’ s wealth of experience and proven track record of successful business turnaround efforts , combined with a collaborative and innovative approach to future growth has served the company well . “ I came in to reinvigorate the technology roadmap and Intelsat team , and it ’ s satisfying to have navigated several challenges and get the company back to a worldleading position ,” he reflects . “ In recent months , it ’ s been exciting to collaborate with other companies in the industry as we prepare for an equally exciting future .
“ We ’ re cautiously optimistic that the global regulatory processes will conclude successfully , and we will combine with SES in 2025 ,” David concludes . “ It wouldn ’ t surprise me to see further M & A activity among traditional satellite operators as new LEO companies and other competitors continue to spring up around the globe . One thing is certain – there will be new technologies , new players , and new capabilities having a positive impact on the industry for decades to come .” ■
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