SES is the world’s leading satellite operator, with over 70 satellites in two different orbits: Geostationary Orbit (GEO) and Medium Earth Orbit (MEO).
* Sofina is represented in the decision making bodies of the company.
Sector
Tele-communications
Sales on
31/12/2018
EUR 2.0 bn
World population coverage
99%
Employees
2,000
Broadcast channels
8,020
Shareholding percentage
1.3%
SES provides a diverse range of customers with global video distribution and data connectivity services. SES Video reaches over 351 million TV homes, through Direct-to-Home (DTH) platforms and cable, terrestrial and IPTV networks globally. The SES Video portfolio includes MX1, a leading media service provider that offers both a full suite of innovative services for both linear and digital distribution and the ASTRA satellite system, which has the largest DTH television reach in Europe. SES Networks provides managed data services globally, connecting people in a variety of sectors, including the telecommunications, maritime, aeronautical, and energy sectors, as well as governments and institutions across the world. SES Networks includes GovSat, a 50/50 public-private partnership between SES and the Luxembourg government, and O3b, the only non-geostationary system delivering fibre-like broadband services today.
Investment history
Luxembourg | 1998
Since 1998 Sofina gradually built up its position to become a leading shareholder in the company alongside the Luxembourg Government. Upon the divestment of its stake in O3b, Sofina decided to support O3b’s acquisition by SES by subscribing to shares upon SES’ capital increase in May 2016. Such shares Sofina then sold in 2017. In the first half of 2018, Sofina reduced its stake by almost by half. Sofina is represented on the board of directors. Its representative is also member of the audit and risk committee.