Court Clears £800m Sale of OneWeb’s LEO Broadband Satellites

By GIXnews
oneweb leo satellite

The US Bankruptcy Court for the Southern District of New York has officially approved the £800m ($1bn) sale of OneWeb to the UK Government and Bharti Global (here), which paves the way for the satellite ISP to continue creating a constellation of 650 Low Earth Orbit (LEO) satellites for ultrafast low-latency broadband. At present OneWeb […]

Source:: ISPreview