French satellite operator Eutelsat has issued a warning to Iranian authorities following evidence that two of its satellites are being jammed by an entity inside Iran. “Since 26 September, Eutelsat has been experiencing jamming on two of its satellites,” the company said in a statement. “The interferences harmfully affect the transmission of several digital TV … Read more
French satellite operator Eutelsat and money-losing UK start-up OneWeb are going for the moonshot: a merger that stakes their future on being able to compete with Elon Musk and Jeff Bezos. The deal, which was announced on Tuesday, involves an incumbent trying to stave off obsolescence by teaming up with a scrappy tech disrupter — … Read more
French satellite operator Eutelsat will suspend its dividend for two years to plough investment into OneWeb’s low-Earth orbit satellite network as part of an all-share deal to merge the two groups. The companies said in a joint statement on Tuesday that the proposed transaction would create a stronger competitor to offer space connectivity for everything … Read more
The UK and French governments will each have a seat on the board of a new satellite operator aiming to take on billionaire space entrepreneurs Elon Musk and Jeff Bezos under merger terms being thrashed out on Sunday between Eutelsat and OneWeb. Paris-listed Eutelsat and OneWeb, the space-based internet pioneer rescued from collapse by a … Read more
UK satellite operator OneWeb said near deal to combine with Eutelsat Source link
The UK government is set to become a minority shareholder in a listed French business, as France’s Eutelsat nears a deal to acquire OneWeb, the space-based internet company rescued from bankruptcy by Boris Johnson’s government. According to people involved, a deal will be announced as soon as Monday and involve a takeover of OneWeb by … Read more