Eutelsat's stock skyrocketed nearly 390% last week due to speculation it may replace SpaceX's Starlink in Ukraine. The French satellite company is exploring an expanded role in Ukraine and is negotiating with the EU to bolster internet services.
Concerns over Starlink's future in Ukraine are increasing interest in Eutelsat, an alternative satellite internet service
French satellite operator Eutelsat Communications SA said talks with the European Union to replace Elon Musk’s Starlink in Ukraine are intensifying as the US pulls back from its commitments there.
Bharti Airtel has partnered with Elon Musk's SpaceX to bring the Starlink satellite internet service to India, marking a significant development in the nation's emerging satcom sector. This agreement aims to enhance connectivity,
Elon Musk's Starlink has signed a deal with India's No. 2 telecoms company Airtel to bring Starlink's internet services to the world's most populous country, intensifying rivalry with fellow billionaire Mukesh Ambani's telecom firm Reliance Jio.
This is the first agreement to be signed in India, which is subject to SpaceX receiving authorization to sell Starlink in the country.