Home › South Koreas Hanwha Systems invests $300m in OneWeb
 

Keywords :   


South Koreas Hanwha Systems invests $300m in OneWeb

2021-08-12 02:00:00| Total Telecom industry news

Since its rescue from bankruptcy by the UK government and Bharti Airtel back in 2020, UK satellite broadband player OneWeb has been going to strength to strength.   In January 2021, SoftBank and Hughes Network System announced they would invest an additional $400 million into the company, bringing the companies total investment to $1.4 billion. By March, OneWeb had began launching low Earth orbit (LEO) satellites into orbit but warned that it would need to raise another billion dollars to reach its goal of global coverage in 2022 using around 648 satellites…read more on TotalTele.com »

Tags: south systems 300m invests

Category:Telecommunications

Latest from this category

All news
23.04Google Cloud Next 24 Highlights
22.04HIMSS 24 Healthcare IT Conference Hot Topics from AI to Partner Alliances
Telecommunications »
30.04Skura Style Expands Kitchen Cleaning Line with Eva Mendes
30.04HSBC chief executive unexpectedly steps down
30.04Tesla China rival BYD sees profits and sales fall
30.04Thousands stranded as Australian airline weighs its future
30.04Migrants hit by high fees to send money home
30.04Physical checks to begin on EU-UK food and farm imports
29.04K-State researcher awarded $2.6 million to fight African swine fever
29.04Chairman Reinold Geiger Makes Offer To Take L\'Occitane Private
More »