The UK government to acquire satellite company OneWeb in deal funded in part by India’s Bharti Global
newsdepo.com
Distressed satellite constellation operator OneWeb, which had entered bankruptcy protection proceedings at the end of March, has completed a sale process, with a consortium led by the UK Government as the winner. The group, which includes funding from IndiaThe UK government to acquire satellite company OneWeb in deal funded in part by India’s Bharti Global
Distressed satellite constellation operator OneWeb, which had entered bankruptcy protection proceedings at the end of March, has completed a sale process, with a consortium led by the UK Government as the winner. The group, which includes funding from India’s Bharti Global – part of business magnate Sunila Mittal’s Bharti Enterprises – plan to pursue OneWeb’s […] Read more