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Eutelsat Group ETL Reports Q2 Revenue Gains, Ground Network Delays
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Eutelsat Group ETL experiences a 3.7% increase in Q2 revenue, driven by its geostationary satellite business. However, delays in ground network deployment impact revenues, with a target of 90% coverage by mid-2024. Eutelsat also reduces its cash capital spending estimate for 2025-2030.
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How does Eutelsat plan to maintain its early mover advantage in the face of competition?
How will Eutelsat address the delays in ground network deployment?
What are the potential implications of the reduced cash capital spending estimate?
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