Sunil Mittal

Sunil Bharti Mittal and Valerie Mars join Hakluyt's International Advisory Board

Retrieved on: 
Monday, March 25, 2024

LONDON, March 25, 2024 /PRNewswire/ -- Hakluyt, the global strategic advisory firm for businesses and investors, has announced the appointments of Sunil Bharti Mittal KBE, the founder and chairman of Bharti Enterprises, and Valerie Mars, senior vice president of corporate development at Mars, to its international advisory board.

Key Points: 
  • LONDON, March 25, 2024 /PRNewswire/ -- Hakluyt, the global strategic advisory firm for businesses and investors, has announced the appointments of Sunil Bharti Mittal KBE, the founder and chairman of Bharti Enterprises, and Valerie Mars, senior vice president of corporate development at Mars, to its international advisory board.
  • Commenting on these appointments, Niall FitzGerald said: "It is a great pleasure to welcome Sunil and Valerie to Hakluyt's international advisory board.
  • Sunil Bharti Mittal commented: "I am delighted to be joining Hakluyt's international advisory board.
  • Varun Chandra, Hakluyt's managing partner, added: "I couldn't be happier to welcome Valerie and Sunil to our international advisory board.

Sunil Bharti Mittal and Valerie Mars join Hakluyt's International Advisory Board

Retrieved on: 
Monday, March 25, 2024

LONDON, March 25, 2024 /PRNewswire/ -- Hakluyt, the global strategic advisory firm for businesses and investors, has announced the appointments of Sunil Bharti Mittal KBE, the founder and chairman of Bharti Enterprises, and Valerie Mars, senior vice president of corporate development at Mars, to its international advisory board.

Key Points: 
  • LONDON, March 25, 2024 /PRNewswire/ -- Hakluyt, the global strategic advisory firm for businesses and investors, has announced the appointments of Sunil Bharti Mittal KBE, the founder and chairman of Bharti Enterprises, and Valerie Mars, senior vice president of corporate development at Mars, to its international advisory board.
  • Commenting on these appointments, Niall FitzGerald said: "It is a great pleasure to welcome Sunil and Valerie to Hakluyt's international advisory board.
  • Sunil Bharti Mittal commented: "I am delighted to be joining Hakluyt's international advisory board.
  • Varun Chandra, Hakluyt's managing partner, added: "I couldn't be happier to welcome Valerie and Sunil to our international advisory board.

Eutelsat and OneWeb Combination Heralds New Era in Space Connectivity as World’s First GEO-LEO Operator

Retrieved on: 
Thursday, September 28, 2023

OneWeb will be a subsidiary operating commercially as Eutelsat OneWeb with its centre of operations remaining in London.

Key Points: 
  • OneWeb will be a subsidiary operating commercially as Eutelsat OneWeb with its centre of operations remaining in London.
  • The newly formed Eutelsat Group is strategically positioned to be a global leader in space communications.
  • This combination confirms Eutelsat as a pioneer in the space industry and a leader in space technology innovation, showcasing its continuous commitment to pushing the boundaries of the satellite landscape.
  • The combination of Eutelsat and OneWeb is forecast to generate substantial value, tapping into significant revenue, cost, and capex synergies.

Signing of the Final Agreement Relating to the Combination Between Eutelsat and OneWeb

Retrieved on: 
Tuesday, November 15, 2022

Consequently, Eutelsat and the main shareholders of OneWeb (Bharti, the UK Government, Softbank and Hanwha) signed on November 14th the final combination agreement.

Key Points: 
  • Consequently, Eutelsat and the main shareholders of OneWeb (Bharti, the UK Government, Softbank and Hanwha) signed on November 14th the final combination agreement.
  • Completion of the transaction remains subject to the customary conditions precedent, in particular the approval by the relevant regulatory authorities.
  • This possible change from the initially announced timetable should have no significant impact on the combined entity's financial outlook released in connection with the proposed combination.
  • There can be no assurance that the proposed combination between Eutelsat Communications and OneWeb will be consummated or that the anticipated benefits will be realised.

NEOM Tech & Digital Holding Company and OneWeb sign $200m JV for satellite network

Retrieved on: 
Tuesday, October 26, 2021

RIYADH, Saudi Arabia, Oct. 26, 2021 /PRNewswire/ -- NEOM Tech & Digital Holding Company – the first holding company to be established as a subsidiary of NEOM – and OneWeb, the global communications network powered from space, have signed a $200 million (SAR 750m) joint venture agreement to bring high-speed satellite connectivity to NEOM, Saudi Arabia and the wider Middle East and neighboring East African countries.

Key Points: 
  • NEOM Tech & Digital Hold Co.and OneWeb, the second largest LEO operator with 358 satellites and the only licensed operator in Saudi Arabia, expect to complete ground infrastructure in 2022.
  • NEOM Tech & Digital Hold Co.and the new JV entity will have exclusive rights to distribute OneWeb services in its target regions for seven years from the initiation of the LEO satellite network, which is expected to commence in 2023.
  • NEOM Tech & Digital Holding Company is a world-leading technology company powering the world's first ecosystem of cognitive technologies at NEOM.
  • NEOM Tech & DigitalHold Co.'s digital infrastructure will be the operating system of NEOM, enabling its communities and industries.

NEOM Tech & Digital Holding Company and OneWeb sign $200m JV for satellite network

Retrieved on: 
Tuesday, October 26, 2021

NEOM Tech & Digital Hold Co.and OneWeb, the second largest LEO operator with 358 satellites and the only licensed operator in Saudi Arabia, expect to complete ground infrastructure in 2022.

Key Points: 
  • NEOM Tech & Digital Hold Co.and OneWeb, the second largest LEO operator with 358 satellites and the only licensed operator in Saudi Arabia, expect to complete ground infrastructure in 2022.
  • NEOM Tech & Digital Hold Co.and the new JV entity will have exclusive rights to distribute OneWeb services in its target regions for seven years from the initiation of the LEO satellite network, which is expected to commence in 2023.
  • NEOM Tech & Digital Holding Company is a world-leading technology company powering the world's first ecosystem of cognitive technologies at NEOM.
  • NEOM Tech & DigitalHold Co.'s digital infrastructure will be the operating system of NEOM, enabling its communities and industries.

CSS Corp to Appoint Sunil Mittal as its Chief Executive Officer

Retrieved on: 
Thursday, May 27, 2021

BANGALORE, India and SINGAPORE, May 27, 2021 /PRNewswire/ -- CSS Corp, a global customer experience and technology consulting services provider, today announced that its board has unanimously chosen Sunil Mittal as the organization's next Chief Executive Officer.

Key Points: 
  • BANGALORE, India and SINGAPORE, May 27, 2021 /PRNewswire/ -- CSS Corp, a global customer experience and technology consulting services provider, today announced that its board has unanimously chosen Sunil Mittal as the organization's next Chief Executive Officer.
  • Sunil Mittal, currently the Chief Operating Officer at CSS Corp will take up the new role effective July 1st succeeding Manish Tandon who is stepping down after engineering a successful turnaround and generating tremendous value for investors.
  • "In his current role as the COO and in his prior role as the company's Chief Revenue Officer, Sunil has architected unprecedented revenue momentum and pipeline for the company.
  • "Sunil is a remarkable leader who has been one of the chief architects of our success over the years at CSS Corp.

CSS Corp to Appoint Sunil Mittal as its Chief Executive Officer

Retrieved on: 
Wednesday, May 26, 2021

CSS Corp, a global customer experience and technology consulting services provider, today announced that its board has unanimously chosen Sunil Mittal as the organization's next Chief Executive Officer.

Key Points: 
  • CSS Corp, a global customer experience and technology consulting services provider, today announced that its board has unanimously chosen Sunil Mittal as the organization's next Chief Executive Officer.
  • Sunil Mittal, currently the Chief Operating Officer at CSS Corp will take up the new role effective July 1st succeeding Manish Tandon who is stepping down after engineering a successful turnaround and generating tremendous value for investors.
  • "In his current role as the COO and in his prior role as the companys Chief Revenue Officer, Sunil has architected unprecedented revenue momentum and pipeline for the company.
  • "Sunil is a remarkable leader who has been one of the chief architects of our success over the years at CSS Corp.

CSS Corp to Appoint Sunil Mittal as its Chief Executive Officer

Retrieved on: 
Wednesday, May 26, 2021

BANGALORE, India and SINGAPORE, May 26, 2021 /PRNewswire/ -- CSS Corp, a global customer experience and technology consulting services provider, today announced that its board has unanimously chosen Sunil Mittal as the organization's next Chief Executive Officer.

Key Points: 
  • BANGALORE, India and SINGAPORE, May 26, 2021 /PRNewswire/ -- CSS Corp, a global customer experience and technology consulting services provider, today announced that its board has unanimously chosen Sunil Mittal as the organization's next Chief Executive Officer.
  • Sunil Mittal, currently the Chief Operating Officer at CSS Corp will take up the new role effective July 1st succeeding Manish Tandon who is stepping down after engineering a successful turnaround and generating tremendous value for investors.
  • "In his current role as the COO and in his prior role as the company's Chief Revenue Officer, Sunil has architected unprecedented revenue momentum and pipeline for the company.
  • "Sunil is a remarkable leader who has been one of the chief architects of our success over the years at CSS Corp.

OneWeb Secures Investment from SoftBank and Hughes Network Systems

Retrieved on: 
Friday, January 15, 2021

LONDON, Jan. 15, 2021 /PRNewswire/ -- OneWeb, the Low Earth Orbit (LEO) satellite communications company jointly owned by the UK Government and Bharti Global, announced today that it has secured additional funding from SoftBank Group Corp. ("SoftBank") and Hughes Network Systems LLC ("Hughes"), bringing OneWeb's total funding to $1.4 billion.

Key Points: 
  • LONDON, Jan. 15, 2021 /PRNewswire/ -- OneWeb, the Low Earth Orbit (LEO) satellite communications company jointly owned by the UK Government and Bharti Global, announced today that it has secured additional funding from SoftBank Group Corp. ("SoftBank") and Hughes Network Systems LLC ("Hughes"), bringing OneWeb's total funding to $1.4 billion.
  • Sunil Bharti Mittal, Executive Chairman of OneWeb, commented, "We are delighted to welcome the investment from SoftBank and Hughes.
  • Hughes is an investor through its parent company EchoStar, and also an ecosystem partner, developing essential ground network technology for the OneWeb system.
  • Headquartered in Englewood, Colo., and conducting business around the globe, EchoStar is a pioneer in communications technologies through its Hughes Network Systems and EchoStar Satellite Services business segments.