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MTN’s multi-network portfolio already includes Starlink and Eutelsat OneWeb.
Eutelsat will receive a €975 million loan in French export credit financing to fund the Low-Earth Orbit satellites it ordered from Airbus Defence and Space.
The partnership between CMA CGM, Eutelsat, and Marlink creates a European industrial ecosystem focused on secure and reliable maritime communications.
On February 9, 2026, CMA CGM Group, Marlink, and Eutelsat signed a multi-year industrial partnership to deploy maritime connectivity services.
The deployment uses a high-availability, multi-orbit architecture that combines Eutelsat OneWeb’s LEO constellation with existing geostationary (GEO) and LEO networks.
The multi-year agreement between CMA CGM, Marlink, and Eutelsat is intended to strengthen European digital sovereignty in maritime connectivity.
CMA CGM has been an anchor shareholder of Eutelsat since 2022.
New Glenn's manifest includes 27 launches planned for Amazon Leo and 5 launches planned for Eutelsat.
Eutelsat OneWeb and Viasat each hold less than 3% of the Canadian satellite broadband market.
Panasonic Avionics Corporation plans to develop a next-generation antenna and terminal ecosystem capable of communicating with satellites including Eutelsat’s OneWeb.
The non-completion of the transaction does not affect Eutelsat’s ability to fund the capital expenditure related to its strategic growth trajectory.
Eutelsat now expects an EBITDA margin for FY 2028–29 in the region of 65% versus approximately 60% previously.
The net proceeds attributable to Eutelsat from the proposed transaction would have been in the region of €550 million (≈$650 million).
The non-completion of the transaction has no impact on Eutelsat’s Financial Objectives for FY 2025–26 except for Net Debt to EBITDA, which is now expected to stand at around 2.7 times at the end of the financial year versus 2.5 times previously.
The transaction to dispose of Eutelsat’s passive ground segment infrastructure assets to private equity investor EQT Infrastructure VI will not proceed because all conditions precedent were not satisfied.
The negative annualized impact on Eutelsat’s adjusted EBITDA associated with the service agreement entered into with the prospective buyer amounted to €75–80 million (≈$89–94 million).
Under the proposed agreement EQT would have held an 80% stake in the new company while Eutelsat would have retained a 20% stake and committed to a long-term service contract as a key customer.
Eutelsat is a French satellite communications operator headquartered in Paris.
Roland Lescure decided not to authorize the sale of Eutelsat’s ground antennas.
Eutelsat’s strategic growth trajectory includes expanding its OneWeb constellation after signing a contract with Airbus Defence and Space for 340 additional OneWeb satellites.