Four Major European Telecom Operators Discuss Establishing Consortium for Direct Satellite Communications

M&A · PartnershipIndustry
โดย Reuters·EU·Read original
Summary · why it matters

Deutsche Telekom, Orange, Vodafone Group, and Telefónica, four major European telecom operators, are in early discussions to establish a consortium to participate in the EU's satellite frequency auction and provide direct-to-mobile communications services. Bloomberg reported, citing sources familiar with the matter. The four companies aim to jointly win the allocation of the 2 GHz band that the EU reserves for operators within the bloc, but a final decision has not yet been made. In May, the EU announced plans to allocate most satellite frequencies for mobile phones to European companies. The European Commission will allocate two-thirds of the frequencies for the multi-orbit satellite constellation "IRIS2," consisting of 290 satellites, to commercial use, and distribute them equally between EU and non-EU operators. The consortium is expected to bid for the EU operator quota. IRIS2 is Europe's initiative to counter SpaceX's Starlink.

Impact on stocks 4

Cloud & Digital Infrastructure▲ · 2 stocks
Deutsche Telekom AG
DTE
▲ PositiveRegulationrelevance

Deutsche Telekom is among the four operators discussing a consortium to win the EU's reserved 2 GHz satellite band for direct-to-mobile services.

Vodafone Group PLC
VOD
▲ PositiveRegulationrelevance

Vodafone is in early talks to join a consortium bidding for the EU's 2 GHz satellite frequency allocation reserved for EU operators.

Communication Services▲ · 2 stocks
Orange S.A.
ORA
▲ PositiveRegulationrelevance

Orange is one of the four European operators exploring a consortium to secure the EU's 2 GHz band allocation for direct-to-mobile satellite communications.

Telefónica S.A
TNE5
▲ PositiveRegulationrelevance

Telefónica is in early discussions to form a consortium to bid for the EU's operator quota of satellite frequencies.

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