TOKYO, July 27 — US satellite broadband provider Hughes Network Systems has agreed to invest US$50 million (RM212.6 million) in the British government and Bharti-backed consortium buying collapsed satellite operator Oneweb. Hughes previously partnered with OneWeb, which collapsed in late March...
File photo shows a scale model of an Airbus OneWeb satellite and its solar panel are pictured as Airbus announces annual results in Blagnac, near Toulouse February 14, 2019. — Reuters pic
Hughes previously partnered with OneWeb, which collapsed in late March with 74 out of a planned 650 satellites launched after top backer SoftBank Group Corp declined to provide further funding.
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