Eutelsat, OneWeb Agree to Merge to Rival Elon Musk’s Starink in Fast Growing Broadband Internet Market

Eutelsat, OneWeb Agree to Merge to Rival Elon Musk’s Starink in Fast Growing Broadband Internet Market

French and British satellite operators Eutelsat and OneWeb on Tuesday announced plans to merge and create a “global champion” in the fast-growing broadband internet market, rivalling US giants such as Elon Musk’s Starlink. Eutelsat and OneWeb said in a joint statement they had signed a memorandum of understanding to join…