Eutelsat - OneWeb Combination Update
TO SUMMARIZE
EUTELSAT
Successful execution of cash generation strategy with more than €2bn
aggregated DFCF generated over 5 years, helping to fund Eutelsat's future
$507m received in the context of the clearing of the C-Band in the US
between December 2021 and June 2023
Industry-leading profitability with continued financial discipline
Tangible acceleration in Fixed Broadband and Mobile Connectivity ahead
of future entry into service of significant incremental capacity with new
satellites K-VHTS and E10B
Revenues set to grow from FY 24 thanks to firm precommitments on
upcoming capacity
Combination with OneWeb to create the first combined GEO/LEO
infrastructure, addressing a fast-growing global satellite connectivity market
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