OneWeb to merge with Intelsat in $13B deal, SoftBank to put $1.7B in newco

& But extra consolidation is afoot within the satellite tv for pc business. As we speak, OneWeb — which final December raised a whopping $1.2 billion from SoftBank for its yet-to-launch satellite tv for pc web service — introduced that it might merge with giant satellite tv for pc incumbent Intelsat. SoftBank individually stated it might make investments one other $1.7 billion within the mixed firm. The mixed firm is predicted to… Read More

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