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Bharti Space Set to Invest ₹1,200 Crore More in Eutelsat
Mint Chennai
|July 11, 2025
The funding is part of Eutelsat's expanded €1.5 bn capital raise, and adds to Bharti's earlier €30 million commitment
Bharti Space Ltd will be investing €120 million (approximately ₹1,204 crore) more in French satellite operator Eutelsat Communications S.A. through a rights issue as part of the latter's €1.5 billion (over ₹15,000 crore) capital raising plan, the Star-link rival said in a statement on Thursday.
This investment by Bharti Enterprises' space venture is in addition to ₹300 crore or €30 million, which it had committed through a reserve capital increase process. Bharti Space holds a 24.09% stake in Eutelsat Group.
Dit verhaal komt uit de July 11, 2025-editie van Mint Chennai.
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