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Bharti Enterprises wins bid for OneWeb for $500mA


  •  Bharti Enterprises has won a bid to pick up a 45 per cent stake in OneWeb, a UK-based company that has proposed a mega-constellation of satellites in low earth orbit to deliver affordable wireless internet services to anywhere in the world.

  • Bharti Enterprises will invest $500 million in OneWeb.

  • OneWeb’s platform will help to reduce the digital divide by providing high speed, low latency broadband access to the poor and hard-to-reach rural areas.

  • A low-earth orbit constellation is the only viable mechanism through which the ‘last billion’ can be connected.

  • In the first phase, the company will launch 650 satellites and subsequently launch 1,980 satellites. Low orbit satellites operate 1,200 km above the Earth’s surface.

  • OneWeb has proposed a mega-constellation of satellites in low earth orbit to deliver affordable wireless internet services to anywhere in the world.

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