Hughes will hold 67% in the new JV while Airtel will hold the balance 33% stake,. The new JV, he added, will also be the distributor of Bharti-backed OneWeb’s upcoming satellite broadband services in India from around May.
OneWeb and Hughes enter strategic agreement for distribution of services in India. Hughes is an investor in OneWeb through its parent company.
There are some 30 countries that have very stiff market access rules, OneWeb has secured the necessary approvals in 12-13 countries and expects to conclude the rest on schedule.
OneWeb is one launch away from providing connectivity to regions north of the 50th parallel.
Hughes to provide systems integration expertise and demonstration of managed LEO SATCOM services for tactical communications.
Bharti Airtel’s Nettle Infrastructure picks up 100% stake in OneWeb India as OneWeb subsidiary awaits FDI approval for pumping funds into OneWeb India.
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OneWeb which recently emerged out of U.S Chapter 11 bankruptcy protection is planning to offer broadband services in India by…