A source told Reuters on Wednesday that Intelsat has concluded merger talks with SES SA (SESFg.LU) in the fast-changing satellite internet market.
In March, SES announced talks with Luxembourg-based Intelsat to form an industry giant.
Bloomberg stated that Intelsat could not agree with SES and its major stakeholders.
In March, Bloomberg News said the two corporations were close to a $10 billion deal, including debt.
Intelsat, which emerged from bankruptcy last year, told Reuters it often has strategic meetings with possible partners but does not reveal the substance or results.
SES did not immediately comment.
