Hughes to invest $50m into new OneWeb consortium

Hughes to invest $50m into new OneWeb consortium

Broadband satellite networks and services provider Hughes Network Systems (HUGHES) has announced its participation in the winning consortium, led by the U.K. Government and Bharti Enterprises, that will acquire OneWeb out of bankruptcy. Hughes has agreed in principle to invest $50 million in the...

https://thedigitalship.com/news/maritime-satellite-communications/item/6730-hughes-to-invest-50m-into-new-oneweb-consortium

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