EQT enters into exclusive negotiations with Eutelsat Group to acquire a majority stake in its Satellite Ground Station Infrastructure Business

The Ground Station Business consists of approximately 1,400 antennas across more than 100 locations globally, enabling satellite communications for Eutelsat Group, OneWeb, and other third-party customers.The Ground Station Business operates within a predictable and stable part of the satellite value chain. It also benefits from serving both Geostationary Orbit and Low Earth Orbit satellites used for a diverse range of applications including connectivity and broadcasting.EQT would support the continued development of the Ground Station Business in its journey to becoming a premier independent ground station operator globally, through investments in new and existing antenna infrastructure and M&A-driven growth.View original content:https://www.prnewswire.co.uk/news-releases/eqt-enters-into-exclusive-negotiations-with-eutelsat-group-to-acquire-a-majority-stake-in-its-satellite-ground-station-infrastructure-business-302218968.html

@ prnewswire.co.uk

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