What Happened
European Commission Favors Local Companies in Lucrative Spectrum Allocation
The European Commission is set to allocate two thirds of lucrative mobile satellite spectrum to European companies, with the remainder available for non-European rivals. This decision affects spectrum currently used by American companies Viasat and EchoStar, which is due to expire in May 2027. The allocation is seen as a significant move to support local companies in the mobile satellite sector. The news was first reported by Reuters.