SES Astra said the SES Group increased its shareholding in Satlynx from 41 percent to 77 percent, resulting in SES Astra taking full operational control of the company. As a result of the equity realignment, Alcatel Space and Gilat now hold 6 percent and 17 percent of Satlynx, respectively. Satlynx is a provider of two-way satellite broadband communications throughout Europe.

“This shareholder restructuring enables us to further align Satlynx with the strategic objectives of SES Astra,” Ferdinand Kayser, president and CEO of SES Astra, said in a prepared statement. “Satlynx’s managed network expertise compliments SES Astra’s and is consistent with our strategy of developing our ability to provide end-to-end customer solutions.”

Satlynx CEO Paul Heinerschied recently spoke with sister publication Satellite News on Satlynx’s prospects in satellite broadband market. Please see the March 14 issue of Satellite News to read the Q&A with Heinerschied. For more information about subscribing to Access Intelligence’s satellite industry news and information products, please visit us on the Web at https://www.satellitetoday.com.