Satellite trailblazer OneWeb in 拢2.8bn merger with French firm
A satellite trailblazer saved from bankruptcy in 2020 has agreed a 拢2.8 billion merger with French peer and shareholder Eutelsat. OneWeb, a low Earth orbit satellite communications company aiming to improve internet connectivity, became jointly owned by the UK government and Bharti Global after each committed $500m to help it emerge from bankruptcy. In 2021 … Continue reading Satellite trailblazer OneWeb in 拢2.8bn merger with French firm
