Advanced Television

SES and Eutelsat enter race for Optus

July 3, 2013

By Chris Forrester

SES, Eutelsat and Inmarsat are all reportedly in the second round of bidding for 5 Optus satellites, placed up for sale by owners Singapore Telecom.

Local reports in Australia suggest that at least some of the private equity bidders have dropped out of the process. However, private equity funds associated with Malaysia’s Measat are said to still be interested.

Market rumours put the bidding price at more than $1.8 billion.

Categories: Articles, Business, DTH/Satellite, M&A