Shares of Starlink’s European rival Eutelsat have tripled. CEO says it can do the job in Ukraine.
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Talks with European leaders to replace Elon Musk’s Starlink satellite services in Ukraine have “intensified” over the past two weeks, according to the chief executive officer of French rival Eutelsat Communications.
“Until now, we have been together with Starlink there, but it’s clear that everybody is asking us today, ‘Can you actually replace especially the very large number of terminals that Starlink has across Ukraine?’ And that’s something we’re looking very actively at,” Eve Berneke, who heads the Paris-headquartered satellite operator, was quoted on Thursday as having told Bloomberg News.
