Eutelsat is in talks with the European Union to supply additional internet access to Ukraine, it said on Tuesday, amid a two-day surge in its shares on the prospect that OneWeb satellites could replace Elon Musk's Starlink there.

Italian politicians are split on choosing Starlink or Eutelsat for satellite communications. Elon Musk is at the core of the divide.

Suggestions that Ukraine could lose access to Elon Musk's Starlink satellite internet system, which has been vital in maintaining its military communications as it fights Russia's invasion, have focused investor interest on Starlink's smaller European rival Eutelsat.

(Reuters) -Shares in Eutelsat surged more than 60% on Tuesday, extending their gains after rising 68% a day before, as recent geopolitical developments raised the prospect of OneWeb satellites replacing Elon Musk's Starlink in Ukraine.

Eutelsat said it was in talks with European governments about providing additional satellite connectivity in Ukraine, as investors bet that the French satellite operator could replace Elon Musk’s Starlink in the country.

Eutelsat said it was in talks with European governments about providing additional satellite connectivity in Ukraine, as investors bet the French satellite operator could replace Elon Musk’s Starlink in the country.

The use of Starlink has been adopted by at least one additional federal agency since President Donald Trump began his second term, and it’s being considered by more.

US billionaire Elon Musk told Radoslaw Sikorski to 'be quiet' after he claimed Warsaw would seek an alternative to Ukraine’s Starlink internet services if Musk’s firm proves 'unreliable' - Anadolu Aja

Eutelsat's shares surged amid fears that Ukraine's Starlink access could soon face disruption, though it's unclear if that will happen.

Poland, which funds Ukraine's Starlink internet, might seek alternatives if Elon Musk's company falters. The service is vital for Ukraine's connectivity. Musk warned of the consequences of cutting Starlink access,

Shares in Franco-British satellite operator Eutelsat pulled back on Friday after soaring nearly 500% this week on the prospect of potentially replacing Starlink in Ukraine.