Existing backer Hughes Network Systems has committed $50m to join Bharti Enterprises and the UK government in acquiring the bankrupt satellite internet services provider.

Broadband satellite network operator Hughes Network Systems yesterday committed $50m to join conglomerate Bharti Enterprises and the UK government in purchasing UK-based satellite internet services provider OneWeb. Bharti Enterprises’ UK subsidiary, Bharti Global, and the British government, represented by the Secretary of State for Business, Energy and Industrial Strategy – a position currently held by…

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