Eutelsat Communications S.A. (E3B.DE,ETL.PA,EUTLF,ETCMY) said on Tuesday that it and Mercury, a subsidiary of Sonangol Group, a telecommunications provider in Angola, have signed a new multi-year, multi-million-dollar agreement for Eutelsat's Low Earth Orbit or LEO connectivity services.
Under the agreement, Mercury, formerly known as MSTelcom, will continue expanding the reach of Eutelsat's LEO services across the country. The services will support enterprise, public sector, offshore, and telecom customers with secure, low-latency connectivity.
The deal further strengthens the long-standing partnership between the two companies in Angola, Eutelsat said in an official statement.
On the XETRA Exchange, E3B.DE is currently down 0.40 percent on Tuesday's trading at 2.7330 euros.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.