SES S.A. (BDL:SESGL) is in talks to merge with Intelsat S.A., the Financial Times reported on August 4, 2022, signaling consolidation in the rapidly changing and competitive industry. Intelsat and SES are in active discussions about the structure of any potential deal, the FT report said, citing three people familiar with the matter, adding that the discussions were at an early stage and there is no guarantee of a deal being reached. Neither wants to be the last one standing," the report quoted one of the three persons as saying.

SES declined to comment on the report, while Intelsat did not immediately respond to Reuters' request for comment.