European satellite giant SES to buy US rival Intelsat
European satellite group SES will acquire US rival Intelsat for $3.1 billion, the companies said Tuesday, seeking to compete in a race for space-based internet service led by Elon Musk's Starlink. The merger, which follows year-long talks, comes as Musk already has a constellation of internet satellites while Amazon has launched its own tests. "In a fast-moving and competitive satellite