Europe's three major satellite makers--Alcatel Space, Alenia Spazio and EADS Astrium--still see European linkups as the ultimate goal, but are hunkering down in the meantime to derive maximum benefit from meager market opportunities. Exploratory talks have been underway for months, precipitated by the downturn in the telecommunications market. The most advanced talks involve Alcatel and Alenia's parent Finmeccanica, who have been in exclusive negotiations since last autumn to create what ...


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