Paris (AFP) Sept 28, 2023
Shareholders of European satellite operator Eutelsat approved Thursday a $3.4 billion merger deal with Britain’s OneWeb, with the new entity out to become a global broadband internet champion to rival the likes of Elon Musk’s Starlink.
The approval came at an extraordinary general meeting for a partnership targeting sales of “some two billion euros ($2.1 billion) in 2027”, equivalent to doub