UK govt, India's Bharti win auction for satellite firm OneWeb

UK govt, India's Bharti win auction for satellite firm OneWeb

Photographer: Dhiraj Singh/Bloomberg

Britain has joined forces with India’s Bharti Global to buy the collapsed satellite operator OneWeb, with the two sides pledging $1 billion between them to develop a constellation that could boost broadband and other services.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter