France is betting Eutelsat can become Europe’s answer to Starlink — but experts aren’t convinced

France is betting Eutelsat can become Europe’s answer to Starlink — but experts aren’t convinced

France views Eutelsat as a strategic asset in the EU’s push for technological sovereignty. Benoit Tessier | AFP via Getty Images For years, France’s Eutelsat has been trying to build a European alternative to Elon Musk’s Starlink satellite broadband service. The company merged with British satellite venture OneWeb in 2023, consolidating the region’s satellite communications…

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‘Please unleash us,’ Europe’s telcos urge regulators as industry bangs drum for more mega-deals

‘Please unleash us,’ Europe’s telcos urge regulators as industry bangs drum for more mega-deals

The Deutsche Telekom pavilion at Mobile World Congress in Barcelona, Spain. Angel Garcia | Bloomberg | Getty Images BARCELONA — Europe’s telecommunication firms are ramping up calls for more industry consolidation to help the region compete more effectively with superpowers like the U.S. and China on key technologies like 5G and artificial intelligence. Last week…

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Tough new EU cyber rules require banks to ramp up security — but many aren’t ready

Tough new EU cyber rules require banks to ramp up security — but many aren’t ready

Traffic_analyzer | Digitalvision Vectors | Getty Images Tough new European Union regulations requiring banks to bolster their cybersecurity systems officially come into effect Friday — but many of the bloc’s financial services firms aren’t yet in full compliance with the rules. The EU’s Digital Operational Resilience Act, or DORA, requires both financial services firms and…

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