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SES and CelcomDigi will explore harnessing SES’s Geosynchronous Equatorial Orbit and Medium-Earth-Orbit satellites with CelcomDigi’s infrastructure, including a site operated by Celcom Timur Sdn Bhd, to provide enterprise-grade satellite connectivity services with high throughput, low latency, and a committed service level agreement.
SES received a $3,000,000,000 U.S. C-band Accelerated Relocation Payment that lowered its net leverage ratio from 3.5 times to 1.5 times.
SES recorded Adjusted EBITDA of €1,025 million for 2023, which was impacted by an unplanned expense in 2023-10-01.
SES initiated discussions with insurers regarding a $472,000,000 claim for O3b mPOWER satellites 1–4.
SES secured €1.5 billion of new business and renewals across Networks and Video during 2023.
SES provided a Full Year 2024 financial outlook expecting revenue of €1,940–€2,000 million and Adjusted EBITDA of €950–€1,000 million.
SES launched the first six O3b mPOWER satellites and has the start of commercial services on track for early 2024-04-01.
SES reported Adjusted Free Cash Flow of €431 million for 2023.
C-band clearing in the United States was completed and SES received cash proceeds from the process.
SES generated revenue of €2,030 million for the twelve months ended 31 December 2023, which was above its Full Year 2023 financial outlook.
SES planned €1 billion of debt repayments, including €550 million already repaid in January 2024.
INRED will utilize SES’s Managed Enterprise service delivered via SES’s Geostationary Earth Orbit satellites to connect 300 new sites across Colombia, including remote areas that cannot be reached by fiber-based terrestrial networks.
AITELECOM/APCO and ST Engineering iDirect have deployed the Dialog multi-service satellite communications platform with hundreds of operational sites using MDM3310 modems across two HTS Ka-band beams on SES-17.
ST Engineering iDirect and AITELECOM/APCO are expanding their partnership to deploy new technology on the SES-17 network to increase connectivity services throughout Latin America.
SES’s Managed Enterprise Service is a turnkey managed service that enables customers to deliver ultra-reliable, high-performance broadband services to remote business sites.
AITELECOM/APCO is working with ST Engineering iDirect to expand deployments to additional HTS beams on the SES-17 network.
INRED and SES have collaborated with the Colombian government for six years and have connected more than 2,000 sites in hard-to-reach areas of Colombia.
SES expanded its cruise offering to create a fully integrated end-to-end service that uses Geostationary, Medium Earth, and Low Earth orbits to optimize bandwidth.
The first stage booster supporting the February SpaceX mission will be flying its 13th flight after previously launching CRS-24, Eutelsat HOTBIRD 13F, OneWeb 1, SES-18, SES-19, and eight Starlink missions.
Telesat operates a fleet of geostationary satellites and plans to use its LEO network to compete with Eutelsat, SES, and other operators in the multi-orbit broadband market.