SES Leads US$3.1 Billion Acquisition of Intelsat with Hogan Lovells' Strategic Guidance
Deal News | Jul 23, 2025 | Hogan Lovells
Hogan Lovells has played a pivotal role in guiding SES through its transformative US$3.1 billion acquisition of Intelsat. This deal marks a significant step for SES, a key player in the communications services sector, especially given the classified work both companies undertake for the U.S. government. The transaction required intricate handling due to the rigorous regulatory approvals needed from a multitude of U.S. security and regulatory bodies, including the Federal Communications Commission and the Committee on Foreign Investment in the United States. Hogan Lovells' team, comprising experts across multiple disciplines and international offices, provided comprehensive counsel to ensure a seamless transition without disruptions to business operations. Highlighted by its robust experience in international trade and regulatory strategy, Hogan Lovells helped SES solidify its competitive stance and commit to delivering pioneering connectivity solutions.
Sectors
- Telecommunications
- Legal Services
- Government and Regulatory Affairs
Geography
- United States – Both SES and Intelsat have significant operations in the U.S., and the transaction required approval from various U.S. regulatory bodies.
- International – The transaction involved multiple international jurisdictions, requiring foreign investment advice and compliance with global regulations.
Industry
- Telecommunications – This industry is relevant as both SES and Intelsat are providers of communications services.
- Legal Services – Legal counsel was crucial for this transaction, with Hogan Lovells playing a crucial advisory role.
- Government and Regulatory Affairs – This sector is pertinent due to the need for regulatory compliance and national security considerations in the transaction.
Financials
- US$3.1 Billion – The acquisition value for Intelsat by SES.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| SES | Buyer | Company | SES is a communications services provider that acquired Intelsat. |
| Intelsat | Target | Company | Intelsat is a communications services provider acquired by SES. |
| Hogan Lovells | Legal Advisor | Company | Hogan Lovells provided strategic legal and regulatory advice to SES on the acquisition. |
| Stephen F. Propst | Co-Lead | Person | Partner in Hogan Lovells' International Trade and Investment practice. |
| Michele Farquhar | Co-Lead | Person | Partner in Hogan Lovells' Communications, Internet and Media practice. |