Eutelsat, the world’s third-largest satellite operator, launched 20 satellites for its communications network using SpaceX, following a merger with OneWeb. CEO Eva Berneke aims to expand satellite services to integrate with telecom companies like Orange and Telstra, targeting markets such as India and Saudi Arabia. The company also plans to offer in-flight connectivity and expects revenue growth starting next year.
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Daniel KÅ™etÃnský £5.3bn bid for Royal Mail owner to get greenlight from UK government
The UK government has approved Czech billionaire Daniel KÅ™etÃnský's £5.3bn takeover of Royal Mail, with a "golden share" retained by the government for governance. KÅ™etÃnský's EP Group will uphold commitments including maintaining UK operations and meeting delivery obligations. This decision comes after Royal Mail was fined £10.5mn for failing to meet performance targets, highlighting the challenges faced by KÅ™etÃnský in modernizing the postal service. Full Article
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