Focus falls on SES amid shift to cloud connectivity as operator plans next steps

摘要

The prospect of SES’ (EPA:SESG) plans for M&A areuncertain, amid a series of announcements that includean internal reshuffle and an increasing focus on cloudconnectivity.The satellite operator points to exits as part of anannouncement of an internal reorganisation aimed atensuring profitability. At the same time CEO Steve Collarappeared to throw cold water on the possibility of anequity event during the FSS operator’s Q4 2019 earningscall in early March. A spokesperson for the Europe-basedcompany declined to comment.