Eutelsat and the main shareholders of OneWeb (Bharti, the UK Government, Softbank and Hanwha) have signed a final combination agreement.
The combined Eutelsat/OneWeb entity is forecast to have revenues of around €2 billion and EBITDA of €1.4 billion in FY 2027.
Eutelsat and key OneWeb shareholders have signed an MoU with a view to combine the two companies in an all-share transaction. It comes only one day after the two companies […]
Eutelsat has officially confirmed that it is in talks on an all-share merger with the UK’s OneWeb. This follows reports over the weekend, quoting unnamed sources, that it is engaged […]
OneWeb has given details of a new user terminal designed to offer high-speed Internet connectivity to businesses, governments and remote communities.
OneWeb, the Softbank-backed venture, which planned to use a network of satellites to deliver broadband connectivity around the world, has voluntarily filed for Chapter 11 bankruptcy.
The $14 million merger between Japan’s Softbank’s One Web and Intelsat looks set to fail after the Japanese company failed to get agreement from Intelsat’s creditors.