Eutelsat completed the acquisition of European satellite broadband activities of Bigblu Broadband for £38m.

Eutelsat, a European satellite operator, completed the acquisition of European satellite broadband activities of Bigblu Broadband, the largest distributor of satellite broadband packages in Europe, for £38m. "We are delighted to integrate the activities of BBBEurope which will greatly enhance our European broadband distribution network as we progressively bring into service next-generation capacity in the form of EUTELSAT KONNECT and KONNECT VHTS, capable of bringing fiber-like high speed internet connection to the many areas in Europe that remain unserved or under-served by terrestrial infrastructure. This deal represents an important step in our broader Broadband strategy," Rodolphe Belmer, Eutelsat CEO.