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Eutelsat and OneWeb to combine: a leap forward in Satellite Connectivity

Eutelsat and OneWeb to combine: a leap forward in Satellite Connectivity

Eutelsat and key OneWeb shareholders[1] sign a Memorandum of Understanding with a view to combining Eutelsat and OneWeb in an all-share transaction. Eutelsat shareholders and OneWeb shareholders[2]would each hold 50% of the Eutelsat shares Compelling financial profile with: Potential for double-digit revenue and EBITDA CAGR over the medium to long term; Eutelsat’s strong cash

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