TAMPA, Fla. — The European Commission said Oct. 31 it is proceeding with delayed plans for a multi-orbit sovereign broadband constellation, after getting a best-and-final offer from a group led by a trio of domestic satellite operators.

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Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,...