SES combines New Skies, Americom
July 14, 2008
Satellite operator SES has revealed plans to combine SES Americom and SES New Skies to form a new operating segment of SES. Robert Bednarek, currently The SES Americom and SES New Skies satellite fleets will remain separately owned and operated, and the new segment will continue to be supported from its current locations and facilities around the world. No major changes to business operations and market activities are currently anticipated.
“By creating this new segment and combining the experienced management teams of SES Americom and SES New Skies, SES will improve its overall operating performance, while strengthening its competitiveness and better positioning the company for future growth,” said Romain Bausch, President and CEO of SES. “In addition to the synergies that can be expected, the new segment will be able to approach its markets with an increased level of focus and flexibility, while leveraging the power of SES' global fleet to benefit its current and future