Tag: Sunil Bharti Mittal

Airtel announces appointment of new independent directors on its Board

Bharti Airtel (Airtel), a communications solutions provider in India, announced the appointment of PK Sinha and Shyamal Mukherjee as Independent Directors on its Board of Directors. PK Sinha, IAS (Retd.), served as the Cabinet Secretary for more than 4 years before moving tJ the Prime Minister’s Office. He retired from there in March 2021 after…

Google to invest up to $1 bn in a partnership with Airtel

Bharti Airtel (Airtel), one of India’s premier communications solutions providers, and Google announced that they will partner on a long-term, multi-year agreement to accelerate the growth of India’s digital ecosystem. Together, they will work to bring best-in-class end-to-end products to serve customer needs, provide quality customer experience, and bring their expertise to solve problems of…

OneWeb gets $300m equity investment from South Korea-based Hanwha Systems

Hanwha, the South Korean Fortune 500, global technology and manufacturing company has announced a USD $300m equity investment by Hanwha Systems in OneWeb, the Low Earth Orbit (LEO) satellite communications company. Hanwha brings further defence capabilities and the latest antenna technologies to OneWeb, alongside relationships to new government customers and expanded geographical reach, the statement…

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…