UK satellite operator may be taken over by EU rival ...News

Russia Today - Economy
UK satellite operator may be taken over by EU rival
source : Russia Today ( News ) () 49
The OneWeb and Eutelsat merger could challenge Elon Musk-owned Starlink A UK satellite company that was bailed out by the government two years ago looks likely to be merged with an EU rival. French-based satellite company Eutelsat confirmed on Sunday it was discussing a merger with British provider OneWeb, which could help both companies challenge the likes of Elon Musk-owned Starlink. "Eutelsat Communications confirms that it has engaged in discussions with its co-shareholders in OneWeb regarding a potential all-share combination to create a global leader in connectivity," Eutelsat said in a statement, adding tha

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