LA PLATA, Maryland — The OneWeb broadband satellite network reported $186 million in revenue for the year ending June 30, 3025, a 44.5% increase following market traction in all its markets, the company said.
As part of a broad reorganization following Eutelsat’s purchase of the company in September 2023, OneWeb reduced staff costs by 33%, to $82.8 million; and operating expenses by 17%, to $121.1 million.
The Eutelsat purchase did not transfer OneWeb’s headquarters, which has remained in London and continues to have . . .
To view the entire article, become a subscriber!
