A shareholder (in the United States often referred to as stockholder ) of corporate stock refers to an individual or legal entity (such as another corporation , a body politic , a trust or partnership ) that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation . Shareholders may be referred to as members of a corporation. A person or legal entity becomes a shareholder in a corporation when their name and other details are entered in the corporation's register of shareholders or members, and unless required by law the corporation is not required or permitted to enquire as to the beneficial ownership of the shares. A corporation generally cannot own shares of itself.
53-546: SES World Skies was a short lived company formed as a result of the merger between the two SES subsidiaries, SES Americom and SES New Skies . The company was merged into its parent company, SES in 2011. SES Americom traces its roots back to RCA Americom , formed in 1975. RCA Americom was notable for launching the Satcom series of satellites which were instrumental in helping early American cable TV channels gain traction. In 1986, General Electric acquired RCA and renamed
106-702: A Samsung 82in Q950RB production model TV. In September 2019, SES announced it had partnered with satellite payload and network management systems developer, Kythera Space Solutions to develop the ARC (Adaptive Resource Control) software to enable the dynamic control and optimisation of power, throughput, beams and frequency allocation on O3b mPOWER , SES-17 and other future high-throughput satellites and their networks, autonomously optimizing space and ground resources, on-the-fly, in accordance with customers' changing needs. Shareholder The influence of shareholders on
159-533: A SpaceX Falcon 9 Full Thrust from Kennedy Space Center in Cape Canaveral , Florida. In June 2017, SES announced the start of a 30-month project by the Satellite and Terrestrial Network for 5G (SaT5G) consortium for the seamless, and economically viable, integration of satellite (such as SES' geostationary orbit and medium Earth orbit high throughput satellites) into future 5G networks, improving
212-534: A medium Earth orbit (MEO) satellite constellation to deliver high-speed, low-latency, fibre-like internet broadband trunking to the world's emerging regions ("the O ther 3 b illion"). In 2010, SES grew its stake in SES Sirius to 100% and closed the acquisition of the in-orbit satellite Protostar-2/Indostar-2, renaming it SES-7 and integrating it into its fleet covering India and Southeast Asia . In May and September 2011, SES restructured and rebranded
265-678: A 10-week delay due to the postponement of all launches by launch services provider ILS after a catastrophic failure of the rocket in a previous launch. In December 2013, SES-8 was launched from Cape Canaveral using a SpaceX Falcon 9 v1.1 , the first geostationary satellite to be launched with a SpaceX rocket. In March 2014, Astra 5B was launched as SES' 56th satellite to the Astra 31.5° East position from Kourou in French Guiana to provide transponder capacity and extend geographical reach over Central and Eastern Europe , Russia and
318-643: A 34.13% stake in Hong Kong-based satellite operator AsiaSat and took a foothold in Asia and the Pacific region. A year later, SES acquired 50% of Scandinavian satellite broadcaster Nordic Satellite AB (NSAB), later renamed SES Sirius , which strengthened SES' coverage in northern and eastern Europe. The same year, SES also took a participation of 19.99% in Brazilian satellite operator Star One , gaining
371-468: A TV-module to enable existing UHD TVs to display the channel. SES claimed the launch of Viasat Ultra HD will bring the number of UHD channels (including test channels and regional versions) carried on SES satellites to 24, or 46% of all UHD channels broadcast via satellite worldwide. On 30 March 2017, the SES-10 satellite was successfully launched from Cape Canaveral by a SpaceX Falcon 9 rocket using
424-414: A direct or indirect interest in the business entity . For example, employees , suppliers , customers , the community , etc., are typically considered stakeholders because they contribute value or are impacted by the corporation . A beneficial shareholder is the person or legal entity that has the economic benefit of ownership of the shares, while a nominee shareholder is the person or entity that
477-586: A first presence in Latin America . In 2001, SES bought 28.75% of Argentina's Nahuelsat and acquired GE Americom , giving it a solid presence in the important North American market. This resulted in the formation of SES Global, a corporate entity with two operating companies, SES Astra and SES Americom . Altogether, SES operated a fleet of 41 geostationary satellites, the largest in the world in 2001. Further acquisitions followed. In 2003, SES' stake in NSAB
530-553: A fixed receiving dish, creating what became known as a 'satellite neighbourhood'. Astra's prime slot, 19.2° East, saw as many as eight satellites sharing the position simultaneously and helped to build up Astra's reputation for reliability. Rapid growth in Germany , in what would become Astra's largest European market, was helped by the German government's decision to liberalize the installation of dishes in 1991. In this time SES became
583-865: A fleet of more than 50 satellites. Bausch continues to serve SES as a non-executive Director, and is elected to take the role of chairman at the start of 2015. He was succeeded as CEO by Karim Michel Sabbagh. In May 2014 SES announced that the engineering services division, SES TechCom had joined with the Luxembourg Government and the Minister for Cooperation and Humanitarian Action, and five Non-governmental organisations (NGO) – Archemed, Fondation Follereau, Friendship, German Doctors and Médecins Sans Frontières to form Satmed , an eHealth platform to improve public health in emerging and developing countries, especially in remote areas with poor connectivity. In July 2014, SES announced that nearly half of
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#1732790258800636-584: A new segment which was branded SES World Skies in September 2009. In 2009, SES and Middle East satellite operator Yahsat announced the formation of a joint venture, YahLive, to commercialise 23 Ku-band transponders on Yahsat 1A, serving the Middle East, North Africa and Western Asia with direct-to-home TV services. Also in 2009, SES announced its investment in O3b Networks a project to build
689-642: A refurbished first stage booster that had been previously used to launch a SpaceX Dragon cargo ship to the International Space Station for NASA in April 2016 and then landed and recovered. This is the first time that a rocket booster has been reused in this way. Both the Falcon 9 first stage and the payload fairing were successfully recovered after the SES-10 launch for subsequent reuse. SES-10
742-632: A services portfolio beyond just bandwidth provision. Also in 2006, SES acquired New Skies Satellites , later renamed SES New Skies, adding six satellites to the SES fleet and strengthening coverage in Asia, the Middle East and Africa. In 2007, SES divested from its holdings in AsiaSat and Star One in a complex transaction with General Electric which itself divested from SES. In 2008, SES increased its stake in NSAB to 90%. and merged its two international operating units, SES Americom and SES New Skies into
795-460: A shareholding, only the owner as recorded on the register. When more than one person is on the record as owners of a shareholding, the first one on the record is taken to control the shareholding, and all correspondence and communication by the company will be with that person. Shareholders may have acquired their shares in the primary market by subscribing to the IPOs and thus provided capital to
848-432: Is a Luxembourgish satellite telecommunications network provider supplying video and data connectivity worldwide to broadcasters, content and internet service providers, mobile and fixed network operators, governments and institutions. SES is one of the world's leading satellite owners and operators with over 70 satellites in two different orbits: geostationary orbit (GEO) and medium Earth orbit (MEO). These include
901-503: Is on the corporation's register of members as the owner while being in reality that person acts for the benefit or at the direction of the beneficial owner, whether disclosed or not. Primarily, there are two types of shareholders. An individual or legal entity that owns ordinary shares of a company (in the United States commonly referred as common stock) is usually referred to as an ordinary shareholder. This type of shareholding
954-416: Is paid in priority to the dividend to be paid to the ordinary shareholders. Preference shareholders usually do not have voting rights in the company. Subject to the applicable laws, the rules of the corporation and any shareholders' agreement , shareholders may have the right: The above-mentioned rights can be generally classified into (1) cash-flow rights and (2) voting rights. While the value of shares
1007-675: Is positioned at 67.0° West to serve Latin America. In April 2017, the Luxembourg Ministry of Foreign and European Affairs extended the contract with SES to maintain, support, and continue to develop the Satmed eHealth platform to improve public health in remote areas of developing countries until 2020, extending the provision of satellite connectivity over Africa, the Philippines and Bangladesh. In May 2017, SES announced
1060-407: Is the most common. Ordinary shareholders have the right to influence decisions concerning the company by participating at general meetings of the company and in the election of directors and can file class action lawsuits, when warranted. Preference shareholders are owners of preference shares (in the United States commonly referred as preferred stock). They are paid a fixed rate of dividend, which
1113-423: The 19.2° East orbital position. Rupert Murdoch 's Sky TV , along with German broadcasters Pro7 , Sat.1 , and RTL were among Astra's first major customers. By 1990, Astra was broadcasting to 14 million cable and DTH (Direct to Home) viewers. SES was the pioneer of 'co-location' by which several satellites share the same orbital position to provide mutual backup and increase the number of channels available to
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#17327902588001166-571: The Astra 3B satellite. In September 2018, in response to a Notice of Proposed Rulemaking of July 2018 from the United States Federal Communications Commission (FCC) to make the 3.7 to 4.2 GHz spectrum available for next-generation terrestrial fixed and mobile broadband services, SES, along with Intelsat , Eutelsat and Telesat - together providing the majority of C-band satellite services in
1219-611: The Caribbean . The satellite has 43 C-band and 48 Ku-band transponders with comprehensive coverage of North America , Latin America, Europe and the Atlantic Ocean . Astra 2E was launched to the Astra 28.2° East position from Baikonur in Kazakhstan on 30 September 2013 to provide free-to-air and encrypted DTH digital TV and satellite broadband services for Europe and the Middle East. The successful launch followed
1272-517: The Commonwealth of Independent States (CIS) for DTH , direct-to-cable and contribution feeds to digital terrestrial television networks. In April 2014, Romain Bausch stepped down as president and CEO of SES, a position he had held since 1995 overseeing the growth of the company from a European Direct-to-Home satellite system with four satellites into a global satellite industry leader operating
1325-595: The SES-11 satellite to the geostationary orbital position of 105.0° West. The launch was originally set for late 2016 but suffered a year-long delay because of SpaceX's September 2016 Falcon 9 explosion. SES-11 was built by Airbus Defence and Space and is a dual mission satellite, with 24 Ku-band transponders marketed by EchoStar as EchoStar 105 to replace capacity on SES' AMC-15 satellite, and 24 C-band transponders marketed by SES as SES-11 for replacement capacity for AMC-18 delivering video, especially HD and UHD , to
1378-651: The SES-9 satellite was successfully launched by a Falcon 9 Full Thrust rocket from Cape Canaveral after four previous attempts on 24 February, 25 February, 28 February, and 1 March 2016 - all aborted due to weather and launcher problems. The satellite used electric propulsion to reach geostationary orbit and will be positioned at 108.2° East to provide 81 Ku-band transponder equivalents for pay-TV , data and mobility across Northeast Asia and South Asia , and Indonesia . In April 2016, SES announced that (subject to regulatory approvals which are expected to be completed by
1431-514: The United States , Mexico and the Caribbean . Following positioning at 105.0° West and in-orbit testing, SES-11 was declared fully operational on 29 November 2017. In February 2018, SES teamed up with Intelsat (later joined by Eutelsat in July 2018) for a proposal to United States Federal Communications Commission (FCC) to form a consortium of satellite service providers to protect
1484-595: The Americom unit to GE Americom . Fifteen years later, in 2001, GE sold its GE Americom unit to SES (Société Européenne des Satellites) for US$ 5 billion in cash and stock. In 1998, Intelsat transferred 5 of its 24 satellites to New Skies Satellites N.V., a Dutch start up company formed by Intelsat to help move Intelsat towards privatisation. In June 2004, New Skies Satellites was sold to The Blackstone Group for US$ 956 million. Eighteen months later, SES Global (formerly Société Européenne des Satellites, now SES ,
1537-590: The Caribbean using the SES-10 satellite at 67.0° West. In May 2018, SES broadcast an 8K television signal via its satellite system for the first time, as part of its Industry Days conference at the Luxembourg HQ. The 8K demonstration content, with a resolution of 7680 x 4320 pixels, a frame rate of 60 frames per second and 10-bit colour depth, was encoded in HEVC and transmitted at a rate of 80 Mbit/s via
1590-555: The Middle East and Africa, and to connect West Africa to Europe via Ka-band . On 13 January 2015, SES announced that it plans to procure and launch a satellite in partnership with the Luxembourg Government , to be called GovSat-1 . Jointly owned, the satellite is launched in 2017 to an orbital position above Europe and provide governmental and military communications in the X-band and Ka-band with coverage of Europe,
1643-468: The Middle East, Africa and Asia-Pacific . In February 2016, it was announced that, subject to regulatory approvals, subsidiary, SES Platform Services would purchase RR Media , a global digital media services provider to the broadcast and media industries, based in Israel . In July 2016, SES announced that the acquisition was complete and that the merged company would be known as MX1 . In March 2016,
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1696-707: The SES satellite fleet is controlled from the new satellite operations center (SOC) opened at its sales and engineering offices in Princeton , New Jersey . 23 satellites are controlled from Princeton with the remainder operated from SES's global headquarters in Luxembourg . Astra 2G , the final "next generation" satellite for the 28.2° East orbital position was launched from the Baikonur in December 2014 to deliver broadcast, VSAT and broadband services to Europe,
1749-712: The US from potential interference. In April 2019, four O3b medium Earth orbit (MEO) satellites were launched by Arianespace at the Centre Spatial Guyanais in Kourou , French Guiana to complete the constellation of 20 first generation satellites for the SES-owned network communications service provider. In May 2019, for the first time in Europe, 8K demonstration content was received via satellite without
1802-537: The United States, including media distribution reaching 100 million United States households - established the C-Band Alliance (CBA). The consortium's proposal to the FCC is to act as a facilitator for the clearing and repurposing of a 200 MHz portion of C-band spectrum to accelerate the deployment of next generation 5G services while protecting incumbent users and their content distribution and data networks in
1855-415: The business is determined by the shareholding percentage owned. Shareholders of corporations are legally separate from the corporation itself. They are generally not liable for the corporation's debts, and the shareholders' liability for company debts is said to be limited to the unpaid share price unless a shareholder has offered guarantees. The corporation is not required to record the beneficial ownership of
1908-464: The company to streamline the organisation's activities under a single management team and one main brand (SES), incorporating the company's two previous operating entities, SES Astra and SES World Skies . In August 2011, the Astra 1N satellite was launched to the 28.2° East orbital position, and in September 2011, the QuetzSat 1 satellite was launched to 77.0° West In February 2012, SES-4
1961-533: The company was renamed SES Global in 2001 and has been simply "SES" since 2006. The company's stock is listed on the Luxembourg Stock Exchange and Euronext Paris with the ticker symbol SESG and is a component of the LuxX , CAC Next 20 and Euronext 100 stock market indexes . A book, High Above , telling the story of the founding of SES and the development of its first Astra satellites
2014-849: The completion of the capital raising and completion of the acquisition. In May 2016, Modern Times Group , owner of the Viasat DTH platform announced that the Viasat Ultra HD channel would launch in the autumn on the SES-5 satellite at 5.0° East , as the first UHD channel for the Nordic region and the first UHD Sports channel in the World. The channel will feature selected live sport events especially produced in Ultra HD and Viasat will also be launching an Ultra HD set-top box from Samsung and
2067-428: The corporation. However, most shareholders acquire shares in the secondary market and provided no capital directly to the corporation. Shareholders may be granted special privileges depending on a share class . The board of directors of a corporation generally governs a corporation for the benefit of shareholders. Shareholders are considered by some to be a subset of stakeholders , which may include anyone who has
2120-406: The end of 2016) it will pay US$ 20 million to increase its fully diluted ownership of O3b Networks from 49.1% to 50.5%, taking a controlling share in the company. In May 2016, SES said it would raise another US$ 710 million to purchase 100% of O3b Networks, exercising a call option with O3b minority shareholders and eliminating the possibility of an O3b stock offering, and then subsequently announced
2173-579: The leading satellite system providing direct-to-home transmission, and became the world's largest satellite platform for TV distribution. In 1996, after the launch of Astra 1E , SES pioneered digital satellite transmission with the French Canal+ . In 1998, SES launched Astra 2A for the UK market, transmitting at the new orbital position 28.2° East, and eventually moving all of its United Kingdom and Ireland transmission capacity to this orbital slot. In
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2226-473: The need for a separate external receiver or decoder. At the 2019, SES Industry Days conference at Betzdorf , Luxembourg broadcast quality 8K content (with a resolution of 7680 x 4320 pixels at 50 frames/s) was encoded using a Spin Digital HEVC encoder (at a bit rate of 70 Mbit/s), uplinked to a single 33 MHz transponder on SES' Astra 28.2°E satellites and the downlink received and displayed on
2279-402: The next generation of O3b satellites and service. Named O3b mPOWER , the new constellation of (initially) seven MEO satellites built by Boeing Satellite Systems will deliver 10 terabits of capacity globally through 30,000 spot beams for broadband internet services. O3b mPOWER is expected to launch in 2021. On 11 October 2017, a flight-proven (refurbished) SpaceX Falcon 9 rocket launched
2332-469: The operators of Astra ) agreed to purchase New Skies from Blackstone for US$ 1.16 billion. In September 2006, the company name was changed from New Skies Satellites to SES New Skies . In September 2009, SES New Skies and SES Americom were merged to form SES World Skies. In September 2011, SES World Skies and SES Astra were merged into SES to streamline operations under a single management system. SES (company) SES S.A. , trading as SES
2385-493: The quality and reliability of existing video and audio services to United States households downlinking in the 3700-4200 MHz C-band spectrum while enabling wireless operators to access 100 MHz of C-band spectrum for deployment of next generation 5G services in the United States. In March 2018, Saint Martin -based satellite TV provider KiwiSAT launched a new DTH platform to deliver about 130 channels (including 90 HD channels) of TV entertainment to consumers across
2438-676: The same year, SES went public on the Luxembourg Stock Exchange trading as SESG (in 2005 SES would also list on the Paris Euronext). From 1999, SES began a period of ambitious global expansion beyond its European home market. Geographic expansion went hand-in-hand with the diversification of SES' services beyond just TV broadcasting, to cover telecommunication services for businesses, telecommunications companies and government customers, as well as broadband access and technical consultancy services. In 1999, SES acquired
2491-740: The successful integration with the SES-14 satellite of the NASA Global-scale Observations of the Limb and Disk (GOLD) scientific hosted payload built by the University of Colorado Boulder Laboratory for Atmospheric and Space Physics . The first scientific payload carried by an SES satellite, GOLD was integrated with SES-14 at Airbus Defence and Space in Toulouse , France ahead of its launch to 47.5° West in late 2017 on
2544-638: The ubiquity, resilience and efficiency of 5G services, and opening new markets in media distribution, transport and underserved areas. The consortium is funded by the European Commission under the Horizon 2020 programme and comprises 16 members, including SES and Airbus Defence and Space , Avanti Communications , British Telecom , Broadpeak, Gilat Satellite Networks , OneAccess, Thales Alenia Space , TNO , University of Surrey , and Zodiac Inflight Innovation . In September 2017, SES announced
2597-595: The well-known European Astra TV satellites, the O3b and O3b mPOWER data satellites and others with names including AMC , Ciel , NSS , Quetzsat , YahSat and SES . In April 2024, SES announced the acquisition of satellite services provider, Intelsat to create a more competitive multi-orbit satellite operator. The transaction is expected to complete regulatory approvals in 2025. Based in Betzdorf, Luxembourg and founded in 1985 as Société Européenne des Satellites ,
2650-543: Was increased to 75% and in 2005 SES acquired a participation in Canadian satellite operator Ciel and in Mexico's Quetzsat , as well as the divestment from Nahuelsat. SES acquired services provider, Digital Playout Centre GmbH (later Astra Platform Services , then SES Platform Services , then MX1 , now merged into SES) in 2005. and in 2006 SES also acquired ND SatCom, a German provider of government services, developing
2703-516: Was published in 2010 to mark the company's 25th Anniversary, and was followed by Even Higher in 2012 and Beyond Frontiers in 2016. SES was formed on the initiative and support of the Luxembourgish government in 1985 as S ociété E uropéenne des S atellites (SES). The Grand Duchy of Luxembourg remains a major shareholder . In December 1988, as Europe's first private satellite operator, SES launched its first satellite, Astra 1A , to
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#17327902588002756-742: Was successfully launched from Kourou in French Guiana , the first of three "next generation" satellites at the second Astra orbital position at 28.2° East. The satellite has Ku-band coverage of all Europe, the British Isles and sub-Saharan Africa for DTH television , and Ka-band coverage of Central Europe for the SES Broadband satellite internet service. SES-6 was launched from Baikonur , Kazakhstan on 3 June 2013 to 40.5° East, to replace NSS-806 and provide continuity of service and expansion capacity in C-band for Latin America and
2809-664: Was successfully launched to become SES' 50th satellite and the largest, heaviest and most powerful in the fleet. In July 2012, SES-5 , the 51st SES Satellite was launched from Baikonur, Kazakhstan to 5.0° East with 36 Ku-band transponders to provide coverage over Sub-Saharan Africa and the Nordic and the Baltic regions in Europe , and 28 C-band transponders for Europe, Africa and the Middle East . In September 2012, Astra 2F
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