SES completes 100% acquisition of O3b networks

O3b is building a fibre-quality, satellite based internet backbone
Acquisition of O3b, MEO satellites, SES, SES completes 100% acquisition of O3B networks, Satellite

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SES has completed the acquisition of the remaining shares in O3b Networks. Consequently, SES now owns 100% of O3b and will fully consolidate the company in SES’s financial accounts from this date forward.

Leveraging the combined strengths of geosynchronous orbit (GEO) and MEO satellites, SES is looking into how it can better enable our customers to access our satellite network.

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