Press release -
Eutelsat statement concerning press rumours
Paris, 29 September 2021 – Pursuant to market rumours, Eutelsat Communications (Euronext Paris: ETL) confirms that it has received an unsolicited, preliminary and non-binding proposal from Patrick Drahi in connection with a potential transaction on all of the company’s share capital. The relevant governance bodies of Eutelsat Communications have unanimously decided not to engage in discussions based on the terms of this proposal.
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About Eutelsat Group
Eutelsat Group is a global leader in satellite communications, delivering connectivity and broadcast services worldwide. The Group was formed through the combination of the Company and OneWeb in 2023, becoming the first fully integrated GEO-LEO satellite operator with a fleet of 36 Geostationary satellites and a Low Earth Orbit (LEO) constellation of more than 600 satellites.
The Group addresses the needs of customers in four key verticals of Video, where it distributes more than 6,500 television channels, and the high-growth connectivity markets of Mobile Connectivity, Fixed Connectivity, and Government Services.
Eutelsat Group’s unique suite of in-orbit assets enables it to deliver integrated solutions to meet the needs of global customers. The Company is headquartered in Paris and the Eutelsat Group employs more than 1,700 people across more than 50 countries. The Group is committed to delivering safe, resilient, and environmentally sustainable connectivity to help bridge the digital divide. The Company is listed on the Euronext Paris Stock Exchange (ticker: ETL) and the London Stock Exchange (ticker: ETL)
Media enquiries
Anita Baltagi
Tel. +33 1 53 98 4747
abaltagi@eutelsat.com
Armand Noury
Tel. +33 6 60 07 16 97
eutelsat@agenceproches.com
Katie Dowd
kdowd@oneweb.net
Alastair Elwen
Tel. +44 20 7 251 3801
EutelsatGroup@fgsglobal.com
Investors
Thomas Cardiel
Tel. +33 6 99 07 86 47
tcardiel@eutelsat.com
Hugo Laurens Berge
hlaurensberge@eutelsat.com
Christine Lopez
Tel.: +33 1 53 98 47 02
clopez@eutelsat.com
