SES – From TV Satellite Dinosaur to Global Data Champion?

The satellite market was long considered divided and predictable until LEO providers (Low Earth Orbit) such as Elon Musk's Starlink shook up the industry. For traditional GEO operators like SES, it meant: adapt or perish. I believe SES has successfully navigated this tightrope. With the acquisition of Intelsat, they not only demonstrated scale but also laid the groundwork for a solid turnaround story. SES was previously perceived as a "television satellite operator" (Astra), but the linear TV business is structurally shrinking. However, the company...