its coverage and high-bandwidth capability, GE-23 offers a
broad range of telecom services to a diverse base of blue
will be integrated into the Eutelsat's fleet, with a smooth
transition for existing customers. It will be renamed Eutelsat
opportunity was assessed consistently with the Group's disciplined
approach to both organic and external growth opportunities.
The transaction is expected to be accretive to EBITDA margin
and to EPS in year 1.
will be financed through Eutelsat's existing liquidity. From
a leverage standpoint, it will lead to a moderate increase
in the Net Debt / EBITDA ratio, and will, therefore, have
no material impact on Eutelsat's financial flexibility.