Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 165

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 165
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 the Middle East account for 25% of revenue; Asia-Pacific region accounts for more than 20%
of revenue, as of December 31, 2023. Our customers include major telecom companies and mobile network operator such as AT&T, Claro, Digicel, Orange, Verizon, and Reliance Jio; value-added service providers such as Marlink, RigNet, and
Speedcast; and cloud organizations like Microsoft. These customers benefit from our managed network services which deliver private connectivity from SES gateways thus, creating a dedicated end-to-end connection from remote sites to our customers’ networks and/or cloud-based applications, while supporting rural inclusion projects.

Video

SES’s
Video business unit generates revenue from a combination of the following offerings—broadcast Neighborhoods (primarily direct to home), Direct-To-Consumer (through
our platform in Germany), and Sports & Events. Video has a reach of 363 million TV homes, with a high presence in Europe, where we deliver high quality content to more than 170 million TV homes.

In 2023, 70% of total Video business unit revenue came from European markets such as Germany, the UK, France, and Spain. Our non-European business serves nearly 150 million TV households and accounts for 20% of Video business unit revenue, with less than 10% of revenue generated from our North American neighborhoods which deliver direct-to-cable distribution services to customers such as Comcast, Discovery, and Time Warner. Our international customers include Canal+, DISH, Ethiosat, NewSpace India, and
Oi.

106

Confidential Treatment Requested by SES Pursuant to 17 C.F.R. Section 200.83 Under our Neighborhoods offering, our global satellite infrastructure is relied on by the world’s leading broadcasters, platform operators, and content owners to deliver entertainment, news, and information to audiences in 363 million direct to home, direct to cable, and Internet Protocol TV households across the globe. SES operates HD+, a leading Direct-To-ConsumerTV platform in Germany which serves around 2 million paying subscribers with high quality HD TV content at home and on the go and accounts for 13% of Video business unit revenue. Our HD+ services also enable viewers to access 26 private HD TV channels and three private UHD TV channels, as well as 50 free HD TV channels, via a paid subscription. Our Sports & Events business works with the world’s largest sports organizations and events companies to distribute premium live sports and events every single day. In