SES decides to buy all of O3b

Having previously taken control of the O3b Networks Medium Earth Orbit (MEO) communications satellite constellation by adding enough shares to achieve a majority holding of 50.5%, the global geostationary earth orbit communications satellite operator, SES, has decided...

SES to take control of O3b

Commercial GEO satellite operator SES is increasing its stake in O3b Networks, the satellite constellation operator, to a controlling 50.5 per cent from its current 49.1 per cent. It has agreed to pay US$20 million for the 1.4 per cent shareholding, which values the...