July 3rd, 2020 6:48 PM 2 COMMENTS

Bharti Enterprises-Led Consortium Wins Bid for OneWeb; To Jointly Invest $1 Billion

Bharti Enterprises-led consortium, which is backed by the UK government, has won the bid OneWeb, the bankrupt global satellite operator which has SoftBank Group Corp as one of the major investors. Bharti Enterprises had in 2015 participated in a funding round for OneWeb alongside other investors including Qualcomm, Virgin Group and Airbus Group NV. OneWeb formed an alliance in 2018 with partners including Delta Air Lines Inc., Bharti Airtel and... Read More

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