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…
Tag: Bharti Global
HMG, Bharti Global Ltd win bid to acquire satellite firm OneWeb
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•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…