EU may soon ink deal to fund satellite broadband service

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EU may soon ink deal to fund satellite broadband service
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EU set to sign internet satellite deal, as UK frees up spectrum

The EU is said to be nearing a deal on building a satellite internet service to fill in gaps in terrestrial broadband coverage, as well as providing"strategic independence" for the region.

In its original announcement, the EC said that economic prosperity and security is increasingly dependent on secure and resilient connectivity, and noted the emergence of various satellite constellations operated by the US, China and Russia. The companies who may be involved haven't been named, but major players in the area include OneWeb and Eutelsat, which insigned a memorandum of understanding intended to create a mega multi-orbit satellite broadband provider.

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