The consortium members are Airbus, Arianespace, Eutelsat, Hispasat, OHB, Orange, SES, Telespazio and Thales Alenia Space.
This latest network enhancement follows the addition of SES-14 and SES-15 HTS beams to Satcom Global’s flagship VSAT network in early 2020.
Adjusted EBITDA of $1bn representing 62.6% margin with recurring operating expenses was reduced 3.7% year-on-year.
Gilat and ST Engineering iDirect will provide O3b mPower core infrastructure that will support SES’s open networking strategy.
Intelsat argued instead that SES’s action cost Intelsat more than $1.6bn in potential C-band clearing payments.
The next-gen MEO communications system aims to scale and deliver low-latency, high-performance connectivity services by 2021.
Boeing is currently building the first seven O3b mPower satellites for SES, the first set of which will be launched in late 2021.