From Russia, with disdain: Ukraine invasion fallout put Eutelsat in position to take control of OneWeb

by Peter B. de Selding

PARIS — For the British government and India’s Bharti Global, Russia’s February invasion of Ukraine became a moment of truth regarding their OneWeb investment and directly led to Paris-based Eutelsat’s OneWeb takeover.

Following a memorandum of understanding between Eutelsat and OneWeb announced July 26, and pending final government and shareholder approvals, Eutelsat will take over OneWeb sometime in early 2023, marrying OneWeb’s low-orbit constellation of broadband satellites with Eutelsat’s GEO-orbit fleet, which includes several broadband satellites.

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