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UE Commission grants Galileo services in concession
Brussels, Belgium - If granted to privates, it will generate revenues beyond EUR 500m in 2020
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UE Commission has identified substantial markets for Galileo services. It estimated that the system will generate revenues for the operator rising from EUR 66m in 2010 to EUR 500m in 2020. A Commission study has suggested a concession scheme as the appropriate solution to provide a legal relationship between the public sector and a private sector companies. Private companies are now asked to express...
AVIONEWS - World Aeronautical Press Agency - 41333
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency