Investor interest in Eutelsat has recently surged amid concerns that Ukraine may lose access to Elon Musk’s Starlink satellite Internet, vital for its military communications.
o After the merger, it controls the only operational global-coverage LEO (Low Earth Orbit) satellite constellation besides Starlink.
o Supports government and institutional communications in Ukraine and can serve as an alternative for certain government and defence applications.
o Since Russia’s invasion (Feb 2022), Ukraine’s mobile and fixed-line networks have been damaged, making Starlink essential for communication.