Bharti’s waning interest in OneWeb left opening for Eutelsat takeover; European Commission reaction TBD

by Peter B. de Selding

PARIS — Satellite fleet operator Eutelsat is in final negotiations with OneWeb shareholders on a transaction in which Eutelsat would take ownership of the broadband constellation startup by injecting more cash into the business.

OneWeb’s other shareholders would trade their OneWeb stakes for new Eutelsat shares.

The agreement, which Eutelsat said was still not final and could collapse, would enable the British government to retain its “golden share” in OneWeb as well as the company’s headquarters, industry officials said. The golden share gives the . . .

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