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Radio France Internationale
Radio France Internationale
World
RFI

French satellite operator Eutelsat announces merger with UK's OneWeb

Eutelsat's headquarters in Issy-les-Moulineaux near Paris. © GONZALO FUENTES/REUTERS

French and British satellite operators Eutelsat and OneWeb announced Tuesday plans to merge and create a "global champion" in broadband internet, rivalling US giants such as Elon Musk's Starlink.

Eutelsat and OneWeb said in a joint statement that they have signed a memorandum of understanding to join forces to become "a leading global player in connectivity... in an all-share transaction."

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