Mar 27 2020
OneWeb Files for Chapter 11 Restructuring to Execute Sale Process
Negotiating Debtor-in-Possession Financing to Support its Ongoing Business and a Sale Process LONDON, UK, March 27, 2020 – OneWeb (“OneWeb,” “the Company”), the global communications company with a mission to bring connectivity to everyone everywhere, announced today that the Company and certain of its controlled affiliates have voluntarily filed for relief under Chapter 11 of […]
Sep 8 2021
Eutelsat completes OneWeb equity investment
Paris, 8 September 2021 – Eutelsat Communications (Euronext Paris: ETL) confirms the closing of its $550m equity investment in OneWeb announced on April 27, 2021. Subject to completion of the subsequently announced investments in OneWeb by Bharti and Hanwha, Eutelsat will hold a 17.6% stake. Rodolphe Belmer, Chief Executive Officer of Eutelsat, said: “We are […]
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By Expat • Eutelsat • Tags: OneWeb