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Eutelsat adds $165m to OneWeb investment

2021-10-07 02:00:00| Total Telecom industry news

Back in April, Eutelsat announced that it would be investing $550 million in UK-based satellite operator OneWeb, who had just launched their latest batch of low Earth orbit (LEO) satellites.  At the time, this investment gave Eutelsat a 24% stake in the company, but this percentage has diminished to 17.6% recently as a result of additional investments from other organisations including SoftBank and Hanwha…read more on TotalTele.com »

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