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Eutelsat to dispose of its
European retail broadband distribution activities
15 June 2023
Eutelsat Communications
has reached an agreement to sell its European
broadband retail activities to an experienced
private operator. The activities to be disposed of
by Eutelsat include the affiliate Bigblu Operations
Ltd and the other European retail activities in the
UK, Ireland, France, Germany, Italy, Spain,
Portugal, Poland, Hungary, and Greece.
The disposal comes in the wake
of the considerable success of Eutelsat’s wholesale
go-to-market model to distribute its satellite
broadband capacity over Europe, underpinned by major
wholesale deals signed with Orange (France), TIM
(Italy), Hispasat (Spain) and Swisscom (Switzerland)
for the capacity in their respective markets on the
Eutelsat KONNECT satellite. The private operator
will also become a wholesale distributor in existing
markets.
This strategy will be further
bolstered by the entry into service of KONNECT VHTS
expected in the second half of 2023, with 230 beams
over Europe and MENA, representing a Ka capacity of
500 Gbps, adaptable according to demand and specific
needs in each country. Firm commitments have already
been secured for part of this incremental capacity
by important European telecom operators, (e.g.,
Orange, TIM or Swisscom), confirming the ability of
KONNECT VHTS to provide a compelling and competitive
solution for broadband to under-served regions of
Europe.
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