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Eutelsat Renews LEO Agreement with Mercury in Angola for Several Million Euros

Eutelsat announced on Tuesday the signing of a new multi-year agreement with Mercury, an Angolan telecommunications operator and subsidiary of the Sonangol group. This commitment, worth several million euros, involves the deployment of low Earth orbit (LEO) connectivity services across Angola.


Eutelsat Renews LEO Agreement with Mercury in Angola for Several Million Euros

An Established Business Relationship for Several Years

The contract extends the business relationship between Eutelsat and Mercury (formerly MSTelcom) that has been established for several years. Mercury will offer Eutelsat's LEO services to its Angolan clientele, which includes businesses, public administrations, offshore operators, and telecommunications operators. Eutelsat has locally established infrastructure, including a ground station and a Point of Presence (PoP), enabling coverage of the Angolan territory and the region with low-latency services.

A Multi-Million Euro Agreement

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The new agreement is valued at several million euros, although the exact amount is not specified. Its duration is described as multi-year. Mercury, as the main telecommunications operator in Angola, will continue to distribute Eutelsat's LEO services to meet the evolving telecommunications needs of businesses.



Sector Défense · Télécommunications Équipements de Télécommunications


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Context

Period
  • Period: 3T2025/2026
Key reported figures
  • Revenue: 293.0M€
Risks mentioned
  • Impact des sanctions prises au début de l'année à l'encontre des chaînes russes.
  • Résiliation des contrats de capacité portant sur des satellites Express AT1 et AT2.
Opportunities identified
  • Renouvellement de plusieurs contrats de capacité avec des acteurs clés du marché.

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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