Two of Europes Biggest Internet Satellite Companies Are Merging To Take On Starlink (Slashdot)

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Two of Europes Biggest Internet Satellite Companies Are Merging To Take On Starlink – Internet satellite operators OneWeb and Eutelsat are planning to merge in the hopes of becoming a stronger rival to SpaceXs Starlink. Engadget reports: The merger, which is subject to approval from regulators and Eutelsat shareholders, is expected to close by mid-2023 and it values OneWeb at $3.4 billion. Shareholders of …

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