European satellite web mega-merger authorized

European satellite web mega-merger authorized

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Eutelsat investors alright offer with UK-based OneWeb to develop brand-new entity to competitor Starlink PUBLISHED : 28 Sep 2023 at 18: 45 (Photo Illustration: Reuters) PARIS – Shareholders of the European satellite operator Eutelsat on Thursday authorized a $3.4-billion merger offer with Britain’s OneWeb, with the brand-new entity out to endedupbeing a international broadband web champ to competitor the likes of Elon Musk’s Starlink. The approval came at an amazing basic conference for a collaboration targeting sales of “some 2 billion euros ($2.1 billion) in 2027”, equivalen
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