SES was the talk of World Satellite Business Week (WSBW) late last year when it announced a major new strategic initiative, mPower, through O3b. SES has contracted with Boeing Satellite Systems, to build seven super-powered Medium Earth Orbit (MEO) satellites. Here, SES CEO Karim Michel Sabbagh talks about the operator’s new vision and how it will remain relevant and thrive in an IOT world.
VIA SATELLITE: Lets start with the O3b mPower announcement back in September. What is the significance of this from an SES perspective?
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Sabbagh: The significance is one of advancing our thinking and execution around the concept of a scalable capabilities system. Flexibility and scalability have been at the center of our investment decisions over the past four years, and O3b mPower elevates the execution of these principles to an unprecedented level.
VIA SATELLITE: Has the industry been slow to change?
Sabbagh: The answer is yes, and it is the predicament of every industry where there is a well-established playbook that yields rich economic returns.
VIA SATELLITE: SES Networks talked about doubling revenues in five years. That seems fairly bullish. Is that realistic?
Sabbagh: It is certainly our ambition, and this should give you a good entrée-en-scene for your discussion with Steve Collar (CEO, SES Networks) in the near future. VS
