European Telecoms Plan Satellite Network to Rival Starlink

• Deutsche Telekom, Orange, Telefónica, and Vodafone signed a letter of intent.
• They aim to develop a European satellite constellation as an alternative to Starlink.
• The telecoms companies will handle ground infrastructure; a satellite partner is yet to be announced.
• The initiative seeks to fill coverage gaps and compete with Starlink's mobile ambitions.
• Starlink, owned by SpaceX, is seen as a major rival in the satellite internet space.