SGEutelsat, a French satellite operator, announced it expects a slight revenue increase in 2027 due to growing demand for its LEO (low-Earth orbit) satellite internet services. This growth is attributed to the expansion of its OneWeb constellation, which is the only operational global LEO connectivity network besides Starlink. The company noted that LEO revenue could rise over 30% next year, helping to offset declining revenues from its traditional geostationary satellite operations focused on video services. Eutelsat reported a 3% increase in like-for-like annual revenue, reaching €1.24 billion for the fiscal year ending June 2026, exceeding analysts' expectations of €1.20 billion.
Bias read (Center): The article presents factual financial performance and strategic developments of Eutelsat without overtly favoring any political ideology. It discusses market trends and business strategies related to satellite internet competition, focusing on economic outcomes rather than ideological positions. No
