Russia buys majority of OneWeb Russian JV, removing an obstacle to OneWeb operations in Russia

by Peter B. de Selding

PARIS — Russian organizations have purchased a majority share of the OneWeb Russian joint venture, a necessary step in clearing the way for deployment of OneWeb’s satellite broadband service in Russia, the president of a joint-venture partner said.

Dmitry Bakanov, director-general of JSC Satellite System Gonets, said Russian majority ownership of OneWeb operations in Russia, and OneWeb’s decision to purchase 21 Russian Soyuz-Fregat rockets to launch the OneWeb constellation, are strong arguments in favor of allowing OneWeb to operate in Russia.

In an . . .

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