EU reserves mobile satellite spectrum for local firms

The EU will reserve the bulk of mobile satellite spectrum for regional firms. This system aims to boost tech sovereignty as current licenses expire next year.

Xurve View
Insights:

The European Commission will reserve one-third of its mobile satellite spectrum for governmental use, with two-thirds divided equally between Viasat Inc and ECHOSTAR CORP-A for commercial use. This framework limits the expansion of United States-based satellite giants in the European market to protect regional tech sovereignty.

EU Prioritizes Tech Sovereignty Over Global Competition

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.