Investors fret over Eutelsat and SES finances as Starlink threat looms
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Investors are growing increasingly concerned about the finances of two of Europe’s largest satellite operators as the rapid rise of Elon Musk’s Starlink deepens the pressure on the continent’s ailing incumbents.The cost of buying insurance against France’s Eutelsat and SES of Luxembourg defaulting on their bonds has soared to record highs, as investors fear the two will stru...
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