Eutelsat is a leading satellite operator and the world's first integrated GEO-LEO satellite operator, formed in 2023 through the combination of Eutelsat and OneWeb. With a fleet of 34 geostationary satellites and a LEO constellation of over 600 satellites, the company provides global services for video broadcasting, broadband, data connectivity, and government communications. Eutelsat also delivers services for maritime and in-flight mobility, offering solutions like the Eutelsat Advance platform for high-end connectivity and digital platforms for broadcasters. Associated keywords include satellite communications, GEO-LEO infrastructure, and broadcast services.
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OneWeb shareholders would receive 230 million newly issued Eutelsat shares representing 50% of the enlarged Eutelsat share capital.
French geostationary operator Eutelsat plans to merge with U.K.-based LEO broadband operator OneWeb through a proposed all-share transaction.
Eutelsat acquired an equity stake in OneWeb in April 2021.
Eutelsat acquired an equity stake in OneWeb in April 2021 and entered a global distribution agreement with OneWeb in March 2022.
Eutelsat will combine its 36-strong fleet of geostationary (GEO) satellites with OneWeb’s constellation of 648 low Earth orbit (LEO) satellites.
OneWeb shareholders would receive 230 million newly issued Eutelsat shares representing 50% of Eutelsat’s enlarged share capital on the basis of Eutelsat share capital as of this writing.
Eutelsat will combine its 36 GEO satellites with OneWeb’s planned constellation of 648 LEO satellites, of which 428 are currently on-orbit.
Eutelsat reported 1,150,000,000 EUR in revenues for the year to the end of June, down 6.7% compared with the prior year period.
Eutelsat’s board rejected an unsolicited $3,200,000,000 takeover attempt in September from Patrick Drahi.
Eutelsat operates 36 satellites in geostationary orbit.
Eutelsat and OneWeb expect to complete the merger by the end of the first half of 2023.
Eutelsat and OneWeb agreed on 2022-07-26 to merge their businesses to create a global multi-orbit satellite broadband operator.
Eutelsat switched Konnect VHTS to a dedicated Ariane 5 mission scheduled for 2022-09-06.
Arianespace had been preparing to launch Ovzon-3 alongside Eutelsat’s Konnect VHTS on an Ariane 5 mission.
Arianespace scheduled the next Ariane 5 mission for 2022-09-06 to launch Eutelsat’s Konnect VHTS satellite.
Hughes Network Systems’ JUPITER System platform was selected by Stargroup, Apconet/Aitelecom, Eutelsat, and Globalsat to power satellite connectivity at more than 7,200 sites across Mexico.
Eutelsat suspended broadcasts of the Russia Today TV station outside of Russia following EU Council Regulation issued on 2022-03-01.
Eutelsat derived 6.3% of its revenues from Russia and Central Asia for the 12 months to the end of June 2021.
Viasat acquired the KA-SAT satellite from its joint venture with Eutelsat Communications in 2020.
Eutelsat’s corporate responsibility policy includes protecting the space environment.