Company: SGBAF
Filing Date: 2025-05-08
Form Type: F-4/A
Source: 0001193125-25-115825
Chunk: 181

Company: SES S.A.
Filing Date: 2025-05-08
Form: F-4/A
Chunk 181
---
 on the move for mobile missions on land, sea, and air. We also enable
governments, NGOs, and humanitarian organizations to mount coordinated crisis responses for humanitarian assistance and disaster recovery.

SES’s Mobility sub-unit is split between
(i) in-flight connectivity and (ii) maritime connectivity, which has a customer base that includes major cruise lines. Our Mobility sub-unit accounted for 28%
of Networks revenues (2023: 26%), of which 50% resulted from supporting key in-flight connectivity providers such as Gogo Commercial Aviation (part of Intelsat), Thales Avionics, Panasonic, and Anuvu, which
rely on us for fast, reliable connectivity to support their major airline clients. We also operate a business key connectivity service, Luxstream, on behalf of our partner Collins Aerospace. The other 50% of revenue generated under this sub-unit stems from a combination of serving the top major cruise lines such as MSC, Carnival, Virgin Voyages, and Royal Caribbean, as well as commercial maritime customers like Marlink. Our onboard connectivity
service enables guaranteed data speeds, low latency, and secure satellite connectivity globally, and it includes the fully managed end-to-end service of SES Cruise
mPOWERED + Starlink solution.

Our Fixed Data sub-unit enables major telecom companies and mobile
network operators to expand their coverage and connect more people in more places with 4G and 5G services. Fixed Data accounted for 22% of Networks revenue (2023: 25%). Our customer base in this sub-unit is
well distributed across all geographies and key markets from the Americas to Asia-Pacific. Approximately 50% of Fixed Data revenue was generated from the Americas; Europe, Africa, and the Middle East accounted for approximately 30% of revenue;
Asia-Pacific region accounted for 20% of revenue. 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, creating a dedicated end-to-end connection from remote sites to our customers’ networks and/or cloud-based applications, while supporting rural inclusion projects.

132

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