Bharti Enterprises firm bids for bankrupt OneWeb

By ET Bureau | Updated June 30, 2020, 12.06AM IST

NEW DELHI: A Bharti Enterprises group company is believed to have put in a bid for Softbank-backed OneWeb, a satellite operator, a person familiar with the matter said. “There has been some interest from Bharti Enterprises in OneWeb,” the person told ET. Bharti Enterprises, which is believed to have put in a bid backed by the UK government,

looks positive to support UK’s ambition to continue to be a leading player in space. As an original investor, and the manufacturer, in OneWeb, Airbus is pleased that a way forward looks likely,” the company said. “…We would look forward to supporting OneWeb in the next phase of their business and growing the UK contribution to this market changing business.”

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