Press Releases
SES and Elveo Mobile Deepen Collaboration to Advance Direct-to-Device Services in Europe
SES and Elveo Mobile today announced the expansion of their collaboration to accelerate delivery of direct-to-device (D2D) services in Europe.
SES and RTL Deutschland Extend Partnership across Germany and Austria on ASTRA 19.2 degrees East
SES to deliver all RTL Deutschland’s TV offerings in SD, HD and UHD on its prime TV neighbourhood at 19.2 degrees East
Luxembourg, 16 July 2024 – SES and RTL Deutschland have extended their long-term partnership to deliver a wide range of high-quality TV channels to audiences across Germany and Austria. The extension will run to the end of the decade. RTL Deutschland’s TV offering will also continue to be available on HD+, SES’s high-definition satellite TV platform in Germany.
The agreement, which covers the distribution of SD, HD and UHD TV channels via SES’s prime TV neighbourhood at 19.2 degrees East, will help ensure that viewers across the region can access their favourite programmes with an optimal viewing experience, including RTL, VOX, ntv, NITRO, SUPER RTL, TOGGO plus, RTLup, VOXup, RTLZWEI and the RTL UHD event channel.
In addition to satellite capacity, SES will now provide uplinking services for RTL Deutschland's TV channels directly from its facilities in Munich, Germany and Betzdorf, Luxembourg.
“SES has been an important partner in delivering RTL Deutschland's linear programming for many years now. We are very pleased to continue and expand this excellent partnership with a long-term agreement. Thanks to SES’s satellites at 19.2 degrees East, we are also able to regularly bring attractive content to our viewers in the highest image quality with our UHD event channel,” said Andre Prahl, Chief Distribution Officer at RTL Deutschland.
“Our extended partnership with RTL Deutschland underpins the importance of satellite in delivering content cost effectively, whether in SD, HD or UHD, to the 18 million satellite TV households in Germany and Austria and enabling them to continue enjoying RTL Deutschland’s diverse programming in the quality they prefer,” said Norbert Hölzle, Global Head of Media at SES.
With a mission to augment its satellite fleet at the 19.2 degrees East video neighbourhood, SES launched the ASTRA 1P satellite on 20 June 2024 from Cape Canaveral, Florida, further enabling the delivery of premium TV content to 119 million TV homes across Europe.
For further information please contact:
Suzanne Ong
External Communications
Tel. +352 710 725 500
[email protected]
SES Announces Successful Syndication and Raising of €3 Billion Acquisition Financing
SES to acquire Intelsat: Investor Relations Frequently Asked Questions
What is the rationale of the transaction? What is the benefit for SES shareholders?
This combination creates a stronger and more competitive multi-orbit operator with expanded network, increased revenue in highly valuable and growth segments, stronger financial profile, and greater ability to invest in the future to better compete in a dynamic, fast-moving, and competitive satellite communications landscape.
The combined company’s capabilities, alongside complementary partnerships, will provide customers with enhanced coverage, improved resilience, and greater flexibility, as well as enabling the company to develop and deliver compelling solutions to drive the specific applications that customers need.
The transaction is highly accretive to free cash flow per share from Year 1 and delivers €2.4 billion net present value of synergies (representing 85% of the equity value for Intelsat and an annualised run rate of around €370 million) of which 70% will be executed within 3 years after closing of the transaction (expected during second half of 2025).
The combined company will have €9 billion of gross backlog (end-2023), €3.8 billion of revenue (2024E), and €1.8 billion of Adjusted EBITDA (2024E) which is expected to grow by mid-single compound average growth rate (CAGR) and underpins a strong, sustained cash flow generation outlook (see below).
