Eutelsat
(asked on 18th October 2022) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask His Majesty's Government what assessment they have made of the implications of being a shareholder in Eutelsat together with the government of China.
This question was answered on 1st November 2022
The China Investment Corporation (CIC) has a longstanding passive shareholding in Eutelsat of less than 4% that would be further diluted by the merger between Eutelsat and OneWeb. The CIC has never been represented on Eutelsat’s Board nor has it had access to any privileged information on Eutelsat or OneWeb’s operations.