Broadband-by-satellite operator OneWeb has won another significant investor. Hanwha Systems, a South Korean technology company, is investing $300 million in equity in OneWeb which will shortly start services from its fleet of Low Earth Orbiting satellites. In return, Hanwha will receive an 8.8 per cent stake in OneWeb. It can also contribute its latest antenna […]
Bharti Global has generated plenty of headlines as to its plans for OneWeb, in which it is the major shareholder, for India. Now it has emerged that rival Tata Group is also looking at broadband-by-satellite over India. India’s Economic Times newspaper says that Tata Group subsidiary business Nelco, is in “advanced talks” with Canada’s Telesat […]
A report from India financial services company ICRA forecasts that local consumers will increasingly adopt use of satellite communications despite the “quite expensive” costs. India, however, is starting from a low base (estimated at less than 300,000) in current usage of satellite communications. The report blames a “restricted” operating environment, vague licencing policies and uncertainty […]
Would-be broadband constellation operator OneWeb has received a Letter of Intent confirming that its licence to provide services to India is approved. The confirmation has come from India’s Dept. of Communications and the [Global Mobile Personal Communication by Satellite, GMPCS] licence will be for 20 years. However, OneWeb has to supply certain compliance declarations as […]
Russia’s Roscosmos says that the next launch of OneWeb satellites, initially set for August 5th, will now take place on August 20th or 21st. A Soyuz 2.1b rocket, managed by Arianespace, will carry 36 OneWeb broadband satellites into orbit. The launch will happen from Baikonur, in Kazakhstan. Russia has launch contracts in place with OneWeb […]
Eutelsat’s end of year report (FY/2021 to June 30th) saw revenues of €1.2 billion (in line with consensus expectations of €1.19bn) and helped by a Q4 trading performance that came in 1 per cent ahead of expectations. Management announced an adjusted free cashflow of €498 million and again ahead of expectations. The results helped Eutelsat […]
OneWeb, the global communications network powered from space, has announced the appointment of Nadia Hoosen as Chief Legal Officer and Group Company Secretary. A dual qualified Solicitor and Chartered Secretary, Hoosen has two decades of legal and UK listed/regulatory expertise. Hoosen has spent most of her legal career in-house within regulated consumer facing, technology, media, […]
BT has unveiled plans to offer high performance 5G solutions across the entire UK and to fuse its leading mobile, Wi-Fi and fibre infrastructures to realise the potential of the UK’s first fully converged network. This long-term vision means BT is building and bonding next-generation fibre and 5G networks simultaneously. BT says the smart infrastructure […]
Elon Musk’s Starlink broadband by satellite service is planning to use Indian manufacturers to build its customer antenna and user modems and terminal devices. Starlink is expected to launch in India in 2022. “SpaceX is excited to find ways to work together with the Indian industry for manufacturing products for its Starlink devices,” said Matt […]
OneWeb, the global communications network powered from space, will release its first Gen2 RFI and host an Industry Day in association with the European Space Agency on 23-24 September at the European Centre for Space Applications and Telecommunications (ECSAT). OneWeb is actively seeking mission partners with which to verify the definition, requirements and strategy for […]