“Economy Minister Eric Lombard said France is investing 717 million euros in Eutelsat, a French satellite operator and global competitor Starlink, owned by American billionaire Ilon Mask.”, – WRITE: www.pravda.com.ua
Source: “European Truth” with reference to Euractiv
Details: Since the Donald Trump administration is becoming more and important and antagonistic towards its ancient European allies, efforts to strengthen the EU strategic autonomy are activated every day, especially in Paris.
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The French State Part “reflects a clear intention: to position the satellite communication as a strategic tool for promoting digital and industrial sovereignty in France and throughout Europe”, Lombard wrote on June 19.
The current property of Eutelsat is divided between the French state, which is 13.6%and the United Kingdom, which owns 10.9%. After the increased increase, the sovereign share of France should increase to 30%, while the share of the United Kingdom should decrease to about 8%.
Recently, the commission granted the unconditional permission of the Luxembourg SES to acquire Intelsat competitor for 2.8 billion euros, aiming to give another European company a chance to develop a group of telecommunications satellites in low Earth orbit (LEO).
The global race is tense for European companies because American players, such as Viasat, Ast Spacemobile and Amazon Kuiper’s subsidiary, plan to develop their own low -orbit satellite groups. Meanwhile, Chinese state -owned companies, such as China Satnet and Spaceseil, also have ambitious development programs.
That preceded:
- In April, Eutelsat acknowledged that he would not be able to weaken the control of Ilona Mask’s project in one night over communications in Ukraine during the war.
- Earlier it became known that Germany has been funding Ukraine’s access to the satellite Internet network for some time, managed by Eutelsat.
Recall:
- The Polish Foreign Minister Radoslav Sikorsky warned the American billionaire Ilona Mask from the blackmail of Ukraine with access to Starlink, reminding that Poland pays for terminals.
- In the end, Musk stated that he would never turn off the Starlink network for the Ukrainian military, let him not agree with the politics of Ukraine.