SES (company): Difference between revisions

SES Global S.A.

File:SES Global logo.png
Company type	Public (LuxSE:SESG) (Euronext: SESG)
Industry	Telecommunications
Founded	2001
Headquarters	Luxembourg
Products	Satellite services
Revenue	€ 1,258 million EUR (2005)
Net income	€ 382 million EUR (2005)
Number of employees	1,102 (2005)
Website	[1]

SES Global is one of the world's largest satellite services companies. It was created in 2001 as the group management company of SES Astra, SES Americom and for various other satellite companies in which SES holds a stake.

SES Global is based in Betzdorf, Luxembourg and is listed on the Luxembourg stock exchange and Euronext Paris as SSGE.

Group companies

• Americas
  • SES Americom
  • Americom Government Services (AGS)
  • SES Global Latin America
    • Star One (19.99% share)
    • Nahuelsat (28.75%)
• Asia
  • AsiaSat (34.10%)
• Europe
  • SES Astra
  • SES SIRIUS (75%)
  • SES NEW SKIES

History

SES Astra was formed in 1985 as Société Européenne des Satellites (SES), its first satellite entering service in 1989. In 1999 SES acquired a 34.1% in Asia Satellite Telecommunications Holding Ltd (AsiaSat), followed in 2000 by the purchases of a 50% share in NSAB and 19.99% of StarOne.

In 2001 SES Global was formed by SES for the $4.3 billion acquisition of GE American Communications (GE Americom), which was completed in November of that year. SES Global was established as the group management company; with the renamed SES Astra and SES Americom as subsidiaries. As a result of this transaction, SES Global's largest shareholder is GE Capital, with a 20% holding.

External links

• SES Global:Corporate homepage