France forbids sale of Eutelsat’s ‘strategic’ ground infra unit
Sovereignty-sensitive French government blocks proposed sale of passive ground infrastructure to EQT, citing need to maintain control over “strategic” comms assets. Eutelsat assures the decision will not impact its strategic expansion plans, although it has adjusted its short-term financial targets…
This article includes:
- Organisations: Airbus Defence & Space; Amazon Leo; Bharti Space; CMA CGM; EQT; European Union (EU); Eutelsat; FSP; Hispasat; OneWeb; SES; Starlink; UK government.
- Geographies: Europe; France; Sweden; United Kingdom (UK).
- People: Roland Lescure.
- Themes: Anchor tenant; Capital expenditure (capex); Capital raise; Communications assets; Digital infrastructure; Divestments; Enterprise (B2B); Expansion plans; Financial targets; Ground infrastructure; Ground stations; Investment; Low-Earth orbit satellites (LEO); National sovereignty; Passive infrastructure; Satellite; Shareholders; Sovereign services; Sovereignty; Strategy; Technology.
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