Satellite operator SES is acquiring McLean, Va.-based satellite operator Intelsat for 2.9 billion euros ($3.1 billion). The announcement came today during SES’ first-quarter earnings report. The company reported revenues of $533.1 million, down 7.2% from the previous quarter and up 2.5% from Q1 2023, accounting for foreign exchange rates. WHY IT MATTERS: The acquisition, expected […]