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OneWeb raises USD 1.25 billion for global satellite network

2019-03-18 08:46:00| Telecompaper Headlines

(Telecompaper) OneWeb has raised another USD 1.25 billion to further its project to create a global satellite internet network. Its largest fundraising round to date brings the total funds raised to USD 3.4 billion. This round was led by SoftBank Group, Grupo Salinas, Qualcomm Technologies and the government of Rwanda. 

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