Eutelsat, OneWeb Agree to Merge to Rival Elon Musk’s Starink in Fast Growing Broadband Internet Market

Eutelsat and OneWeb have agreed to merge as part of a $3.5 billion (roughly Rs. 27,900 crore) deal to create a “global champion” to rival Elon Musk’s Starlink internet services. Satellite broadband is able to provide connectivity to the most remote areas on Earth without antennas and other infrastructure. The market was projected to grow to $16 billion (roughly ...

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