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EUTELSAT ONEWEB INVESTMENT
How a Ludhiana bicycle parts maker became India's lord of the ringsSunil Bharti Mittal began his entrepreneurial journey in 1976, starting a bicycle-parts business in Ludhiana. After facing various challeng...- ET Exclusive | Sunil Mittal’s next big bets: AI, cloud, space telecom and a billion Airtel usersSunil Mittal reflects on the Bharti Group's journey and outlines future plans during his 50-year entrepreneurial journey. He emphasizes the...
- Musk is getting it wrong on India's space "oligarchs". Here's whyThough Starlink boasts extensive satellite internet coverage, many potential users find the service economically unviable. The Indian gover...
- Elon Musk's Starlink responds to Reliance, says ‘ready to connect India’ with high-speed internetStarlink has said it is ready to provide high-speed internet services in India, asserting that it has spent over five years working with re...
- Reliance Industries welcomes Starlink competition while urging compliance with Indian lawsReliance Industries expressed its openness to competition within India's satellite communications market. The company welcomed Starlink’s e...
- Reliance says Starlink welcome, but all players must follow Indian lawsReliance Industries stated that it welcomes competition, including Starlink, in the satellite communications sector. The company emphasized...
- ‘We’ll be very happy to get it at least a few days before him’: Sunil Bharti Mittal on Musk’s Starlink satellite internet approval in IndiaSunil Bharti Mittal stated that he applied for satellite service approvals in India five years ago. His ground network has been ready for t...
- Satellite network a 'technology of geopolitical control': Think tank for hard limits on StarlinkAn Indian policy group has advised the government to enforce strict conditions on foreign satellite operators. The Kutniti Foundation argue...
- Govt rejects Elon Musk’s claims of discrimination in India’s satellite communications approval processThe government rejected Elon Musk’s allegations that “oligarchs” are blocking Starlink’s India entry, saying all three licensed satellite o...
- Elon Musk accuses ‘oligarchs’ of blocking Starlink India entry; calls it 'crime against people’Elon Musk has accused unnamed “oligarchs” of blocking Starlink’s India entry to protect their monopolistic business interests, calling it “...
- Eutelsat OneWeb seeks urgent security approval for LEO constellation to launch commercial satcom services in IndiaEutelsat OneWeb urgently seeks government security approval for its satellite constellation. The company faces significant delays in launch...
- UK govt to invest EUR163 million in Bharti Group-backed EutelsatThe British government's investment will increase the satellite communication firm's capital. The investment plan will rise to EUR 1.50 bil...
- Bharti Enterprises to invest Rs 313 cr in Eutelsat under fresh capital raise planBharti Enterprises will invest €31.4 million in Eutelsat as part of a €1.35 billion capital raising plan to reduce debt and invest in satel...
- Eutelsat OneWeb looks to pull ahead of Starlink, Jio in satellite broadband raceTop company officials said Eutelsat OneWeb has received the demo or 'trial' satellite spectrum in both the 'Ka' and 'Ku' bands for a 90-day...
- Eutelsat concludes OneWeb merger; Bharti Enterprises to be largest shareholderFrance's Eutelsat Communications has merged with OneWeb with Bharti Group, to create a global satellite operation. The move aims to compete...
- Eutelsat & OneWeb merge to create world's first GEO-LEO satellite space connectivity companySatellite operator Eutelsat Communications has completed its merger with OneWeb, creating the Eutelsat Group. The new entity aims to transf...
- Government may examine OneWeb shareholding after Eutelsat buyBeijing-based sovereign fund China Investment Corporation (CIC) has a 7% stake in Eutelsat which is the second-biggest shareholder in OneWe...
- Eutelsat close to deal for UK satellite operator OneWebOneWeb was valued at $3.4 billion in its most recent funding round, one of the sources said. Eutelsat already has a 23% stake in OneWeb and...
- Bharti to invest additional Rs 3,700 cr into OneWebThe transaction is expected to be completed in the second half of 2021, subject to regulatory nod.
- Bharti backed-OneWeb to raise $550 mn from France's EutelsatEutelsat, a geo-stationary satellite operator, will be a significant equity partner and enjoy similar governance rights to the UK governmen...
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