📌 Key Facts

• Eutelsat's Expansion Plans: Eutelsat is set to launch a new satellite internet service that aims to compete with the widely adopted Starlink. This service will utilize Eutelsat's existing satellites to deliver high-speed internet to customers across Europe, specifically targeting underserved areas.
• Collaboration with SES: Eutelsat is collaborating with SES, a telecommunications company, to enhance its service offerings. This partnership is expected to help Eutelsat leverage SES's extensive network and operational expertise in delivering broadband solutions.
• Rising Demand for Satellite Internet: The demand for satellite internet is on the rise, driven by the need for connectivity in rural and remote areas. As more consumers and businesses seek reliable internet access, Eutelsat's new service aims to capture a share of this growing market.
• Competitive Pressure on Starlink: With the launch of Eutelsat's service, SpaceX’s Starlink is facing increased competition. This could lead to innovations and price adjustments in the satellite internet sector as both companies strive to attract customers.
• Focus on Accessibility: Eutelsat's initiative emphasizes the importance of providing internet access to those in remote locations. The service aims to bridge the digital divide by ensuring that even the most isolated communities can benefit from high-speed internet connectivity.

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