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Eutelsat Shares Jump 22% on Ukraine Starlink Restrictions

By Drooid · · How we work

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Story summary
  • Eutelsat shares rose 22% to €1.69, its biggest one-day gain in 16 months, after Starlink restrictions in Ukraine.
  • Luxembourg-based rival SES climbed 2.6% as investors turned to European satellite providers.
  • Bernstein analyst Aleksander Peterc said investors expect European operators to benefit from strained US-Ukraine relations.
  • Consultant Christian Freiherr von der Ropp noted OneWeb cannot replace Starlink without new terminals.