France: EIB supports Eutelsat for the procurement and launch of the KONNECT VHTS satellite
Retrieved on:
Wednesday, January 13, 2021
This eight-year loan will back investments related to the procurement and launch of the KONNECT VHTS satellite for the provision of advanced broadband services in Europe and neighbouring areas.
Key Points:
- This eight-year loan will back investments related to the procurement and launch of the KONNECT VHTS satellite for the provision of advanced broadband services in Europe and neighbouring areas.
- KONNECT VHTS is an advanced satellite providing unprecedented upload and download speed capacity for both fixed and mobile broadband services.
- It is an important step in the launch of a new generation satellite able to deliver accessible, cost-effective and competitive connectivity to all, said EIB Vice-President Ambroise Fayolle.
- About Eutelsat
Founded in 1977, Eutelsat Communications is one of the world's leading satellite operators.