Tag: Bharti Global

OneWeb secures additional $500m investment from Bharti Global

OneWeb, the global Low Earth Orbit (LEO) satellite communications company, has secured further fund-raising on the anniversary of the successful bid by UK Government and Bharti Global (Bharti) to purchase OneWeb from US Chapter 11 to bring its total funding to $2.4 billion. OneWeb has completed its transformation with the exercise of a Call Option…

HMG, Bharti Global Ltd win bid to acquire satellite firm OneWeb

OneWeb, the communications company whose mission is to bring connectivity to governments, businesses, and people everywhere, announced that it has entered into an agreement with a consortium led by HMG (through the UK Secretary of State for Business, Energy, and Industrial Strategy) and Bharti Global Limited for the acquisition of the OneWeb business in connection…