European Companies to Secure Two-Thirds of Mobile Satellite Spectrum

According to Reuters, European Union officials plan to allocate two-thirds of future mobile satellite spectrum to European companies. The remaining one-third will be reserved for firms outside the EU. This arrangement aims to enhance Europe's competitiveness in satellite communications. Sources close to the matter indicate that the spectrum allocation will prioritize European-based operators. Non-EU companies may apply for the remaining capacity but will be subject to specific conditions. This move is seen as part of Europe's strategy to strengthen its digital sovereignty. Mobile satellite spectrum is critical, particularly for 5G and future 6G networks. The European Commission aims to improve connectivity infrastructure on the continent through fair distribution of this resource. The decision is expected to accelerate the rollout of satellite-based broadband services. This is not investment advice.