Russia’s Roscomos space agency says that the next batch of OneWeb satellites will launch on December 27th, subject to the usual weather conditions. Roscosmos Chief Dmitry Rogozin, talking at the EAEU business forum Space Integration on Decenber 3rd, said: “The launch of a Soyuz-2.1b rocket with OneWeb satellites is planned for December 27.” The launch, […]
OneWeb says it has suffered a failure of one of its broadband satellites. The craft, which orbits at 1200km, was said by OneWeb to be one of a batch launched early last year and the failure is blamed on a software problem. Other satellites in the fleet were updated from the ground and the malfunction […]
India’s telecom regulator TRAI is inviting comments and ideas as to how the nation can set up new satellite gateways and Earth stations which are needed to cope with rising demand for satellite-based connectivity. TRAI, working to a brief from the Department of Telecommunications (DoT) earlier in September, is to supply recommendations covering the licencing […]
OneWeb, the low Earth orbit (LEO) satellite communications company, has signed an insurance agreement for an aggregate insured value of over $1 billion through Marsh, the world’s leading insurance broker and risk advisor. Marsh arranged a multi-launch insurance programme covering physical loss or damage to the remaining GEN 1 satellites and launch vehicles with a […]
Quilty Analytics, a specialist in research on the satellite and space sectors, says that low Earth orbiting (LEO) broadband satellite operator OneWeb is well placed for success. OneWeb’s next batch of satellites are scheduled to launch on September 14th. Quilty says that following the launch “OneWeb will have deployed about half of its 648-satellite constellation […]
SES CEO Steve Collar, SES’s CEO in an interview on the topic of satellite industry merger activity, admitted that he was sure that “everyone’s talking to everyone”. Collar added, in the interview carried by Bloomberg, that because Space is “essentially a fixed-cost industry, so the scale that’s generated from consolidation can be important financially. And […]
Sunil Mittal, chairman of Bharti Enterprises and now a major investor in mega-constellation OneWeb, said the satellite operator was in talks with Sasken Technologies, as well as a division of India’s Space Research Organisation (ISRO), in order to reduce the costs of the antenna terminal. OneWeb is building out its satellites and plans to launch […]
Bharti Global has invested an extra $500 million (€420.5m) into satellite constellation OneWeb. It means that the business is fully funded at $2.4 billion. The extra cash from Bharti means that it now owns 38.6 per cent of the business. The other key investors, Eutelsat, the UK government and Softbank, are each holding 19.3 per […]
Eutelsat is taking a 24 per cent stake in UK/India-owned low Earth orbiting business OneWeb. Eutelsat will invest $500 million (€455.4m) in the company, which “almost” fully funds the satellite venture. Eutelsat will use its FCC-granted ‘incentive’ payment for giving up its C-band frequencies over the US to fund its stake. In a press statement, […]
Bharti Airtel operates one of India’s giant DTH businesses with some 18 million subscribers. Twenty per cent of Airtel DTH was held by US private equity investors Warburg Pincus. Bharti is to buy back that investment. Bharti Airtel says it will pay 31.26 billion Rupees (about €354m) to Warburg Pincus. Airtel had sold the stake […]