Sunil Mittal: Bharti’s $500 million OneWeb investment based on < 50-millisecond latency to consumer terminals

by Peter B. de Selding

CARSAC DE GURSON, France — Indian telecom magnate Sunil Bharti Mittal partially answered the question of what he thinks he’s getting for his $500 million investment in the OneWeb Global Ltd. global satellite broadband startup: latency low enough for interactive gaming and automated vehicles.

With an identical $500-million commitment from the British government, OneWeb is expected to come out of Chapter 11 bankruptcy by the end of the year. The British government has a host of strategic/national autonomy reasons for wanting OneWeb.

It’s less . . .

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