OneWeb to resume satellite launches after billion-pound takeover

British-based satellite broadband firm OneWeb says it plans to resume satellite launches after a successful £1 billion takeover by the UK government and Indian telco Bharti Airtel. The Department for Business, Energy and Industrial Strategy has invested £400 million in OneWeb which, despite most of its management and manufacturing being American, is headquartered in London and regulated by Ofcom. More

(Source: TechRadar - Nov 24)