Hughes Communications India Pvt Ltd, (HCIPL), a majority-owned subsidiary of Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, and Bharti Airtel Limited (Airtel), India’s premier communications solutions provider, announced the formation of a joint venture to provide satellite broadband services in India. Operational as HCIPL, the…
OneWeb, the Low Earth Orbit (LEO) satellite communications company jointly owned by the UK Government and Bharti Global, has secured additional funding from SoftBank Group Corp. and Hughes Network Systems LLC, bringing OneWeb’s total funding to $1.4 billion. The capital raised to date positions the Company to be fully funded for its first-generation satellite fleet,…
U.S. satellite broadband provider Hughes Network Systems has agreed to invest $50mn in the British government and Bharti-backed consortium buying collapsed satellite operator Oneweb. Hughes previously partnered with OneWeb, which collapsed in late March with 74 out of a planned 650 satellites launched after top backer SoftBank Group Corp declined to provide further funding. “This…
US-based satellite broadband provider Hughes Network System may have to shut its Indian operations due to unpaid dues owed to the government. According to Reuters, this development could put thousands of banking services at risk. Recently, the Supreme Court of India had ordered a number of telecom companies, including Hughes and larger firms like Vodafone,…