Shocking deal: EQT to seize control of Eutelsat’s satellite ground station infrastructure in massive €790m transaction

By on    General business news  

Shocking deal: EQT to seize control of Eutelsat’s satellite ground station infrastructure in massive €790m transaction

In a pivotal move for the satellite sector, EQT Infrastructure VI fund is in exclusive negotiations to acquire an 80% stake in Eutelsat Group’s Satellite Ground Station Infrastructure Business, valuing the new entity at EUR 790 million. Eutelsat Group will retain a 20% share and continue as a long-term partner and anchor tenant. EQT Infrastructure’s […]

Eutelsat Group, Intelsat forge major partnership for OneWeb LEO Constellation

By on    Technology Industry News  

Eutelsat Group, Intelsat forge major partnership for OneWeb LEO Constellation

In a significant development for the satellite communications industry, Eutelsat Group (ISIN: FR0010221234 – Euronext Paris / London Stock Exchange: ETL) has entered into a substantial partnership with Intelsat, focusing on the OneWeb Low Earth Orbit (LEO) Constellation. The deal, set to commence in mid-2024, is valued at up to $500 million over a seven-year […]