European satellite internet mega-merger approved


Eutelsat shareholders okay deal with UK-based OneWeb to create new entity to rival Starlink

(Photo Illustration: Reuters)

PARIS – Shareholders of the European satellite operator Eutelsat on Thursday approved 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…

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