European Telecoms Discuss Satellite Venture

Major European mobile operators are reportedly discussing a joint venture to bid on EU satellite spectrum. The initiative aims to boost domestic capabilities and offer direct-to-mobile services.

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FILE PHOTO: The logo of Deutsche Telekom is pictured at the GSMA's 2023 Mobile World Congress (MWC) in Barcelona, Spain February 28, 2023. REUTERS/Nacho Doce/File Photo

DEUTSCHE TELEKOM AG-REG, ORANGE, VODAFONE GROUP PLC, and TELEFONICA SA are in early talks to form a joint bidding consortium for European Union satellite spectrum. The group aims to secure direct-to-mobile services.

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