Intelsat Maneuvering Has Rival SES Rethinking Its Own Plans

摘要

Satellite fleet operator SES is rethinking its strategy with respect to its higgest rival, Intelsat, in light of Intelsat's recently demonstrated ability to maintain a global presence despite its huge debt load and its owners' ultimate goal of cashing out of the business, SES officials said May 19.rnIn presentations to investors in London, SES officials reiterated their view that, over time, SES's stable investor base and moderate debt load will enable it to outlast Intelsat in regions that, while profitable, would exhaust Intelsat's capital expenditure limits.rnIn these cases, they said, SES will be ready to use its financial strength to establish satellite beachheads in markets currently dominated by Intelsat.