The Wall Street Journal: Intelsat to merge with satellite startup OneWeb

TOKYO—U.S. satellite startup OneWeb Ltd. said it would merge with restructuring satellite operator Intelsat SA, with Japan’s SoftBank Group Corp. injecting $1.7 billion into the combined entity. The deal, which is subject to approval by Intelsat bondholders, aims to lower Intelsat’s I, Read more ...

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