eutelsat

Shareholders of Bharti Group-backed OneWeb and Eutelsat has signed a memorandum of understanding to combine the two entities in an all-share transaction. Eutelsat, a French geo-stationary satellite operator will combine its fleet of 36…

French satellite company Eutelsat is poised to buy British rival OneWeb in a deal that could be announced as early as Monday, two sources close to the negotiations said on Sunday. OneWeb was valued at $3.4 billion in its most recent…