UK govt, Indian firm rescue satellite operator Oneweb

0
1

An artist?s conception shows a OneWeb satellite in space .? AFP/Files LONDON: The UK government and Indian telecoms giant Bharti are to take control of collapsed satellite firm Oneweb, they said Friday, as Britain seeks to expand its post-Brexit space capability. Britain and Bharti will each invest $500 million (444 million euros) into Oneweb, the UK government said in a statement, after it departed the European Union’s Galileo satellite programme with its exit from the bloc earlier this year.

NO COMMENTS