M&A & Investments The EU has unconditionally approved SES’ $3.1 billion acquisition of Intelsat, hoping to create another European satellite operator that it hopes can rival SpaceX. The deal was first announced in April 2024. Uzbekistan is privatizing Universal Mobile Systems (UMS), an MNO that trades under the Mobiuz brand, which was initially a joint venture with MTS – launched in 2016, and later sold to the government in 2016. It has some 7.8 million mobile subscribers, in a country with 37 million people. Net revenue was $164 million in 2024. Uzbekistan plans to sell 100% of the equity to domestic or international investors. Orange is reportedly exploring a takeover bid for MasOrange, its joint venture with the private equity…