In May 1999 the EUTELSAT Member States decided to restructure the Organisation and agreed the relevant procedures for this change. On 2 July 2001, all the assets, operational activities and related liabilities and commitments of the intergovernmental organisation EUTELSAT were transferred to Eutelsat S.A., a company established in Paris for this purpose.

The original EUTELSAT Convention was amended with the agreement of the Member States and the amendments came into force on a definitive basis in November 2002. Since its restructuring, the structure, role, mission and activities have evolved to reflect developments in the fields of regulation, technology and markets for Fixed Satellite Services.