Washington (AFP) Feb 28, 2017 Satellite telecom firms OneWeb and Intelsat announced plans Tuesday to merge, and a fresh $1.7 billion investment from Japan's SoftBank to advance an ambitious "internet in the sky" plan. The deal aims "to create a financially stronger company with the flexibility to aggressively pursue new growth opportunities resulting from the explosion in demand for broadband connectivity for people and
OneWeb, Intelsat merge to advance satellite internet
Satellite telecom firms OneWeb and Intelsat announced plans Tuesday to merge, and a fresh $1.7 billion investment from Japan's SoftBank to advance an ambitious "internet in the sky" plan. The deal aims "to create a financially stronger company with the flexibility to aggressively pursue new growth opportunities resulting from the explosion in demand for broadband connectivity for people and
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Washington (AFP) Feb 28, 2017
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March 1, 2017 at 08:34PM