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French state leads capital increase for satellite operator Eutelsat
French state leads capital increase for satellite operator Eutelsat
Economy
by  AFP

The French state will become the biggest investor in European satellite operator and Starlink competitor Eutelsat, leading a capital increase alongside private shareholders, the company said Thursday. Major shareholders stumping up alongside Paris were shipping giant CMA CGM, Indian telecoms operator Bharti Airtel and the FSP investment fund, owned by seven French insurance companies.