Bharti Enterprises

Satellite Remains an Essential Element of Video Distribution Alongside the Growth of OTT

Thursday, November 25, 2021 - 5:06am

The Forum opened with a look at Satellite Trends and Forecasts Post-Covid with Caleb Henry, Senior Analyst, Quilty Analytics.

Key Points: 
  • The Forum opened with a look at Satellite Trends and Forecasts Post-Covid with Caleb Henry, Senior Analyst, Quilty Analytics.
  • With digital video making up 70% of internet traffic, satellite remains the essential and enabling technology, with the ubiquity, reach and economics to serve the networks.
  • About the Asia Video Industry Association:
    The Asia Video Industry Association (AVIA) is the trade association for the video industry and satellite ecosystem in Asia Pacific.
  • It serves to make the video industry stronger and healthier through promoting the common interests of its members.

OneWeb Announces Significant New Equity Partner

Thursday, August 12, 2021 - 3:34am

LONDON, Aug. 11, 2021 /PRNewswire/ -- Hanwha, the South Korean Fortune 500, global technology and manufacturing company has announced a USD $300m equity investment by Hanwha Systems ("Hanwha") in OneWeb, the Low Earth Orbit (LEO) satellite communications company. Hanwha brings further defence capabilities and the latest antenna technologies to OneWeb, alongside relationships to new government customers and expanded geographical reach.

Key Points: 
  • Hanwha brings further defence capabilities and the latest antenna technologies to OneWeb, alongside relationships to new government customers and expanded geographical reach.
  • This investment brings OneWeb's total equity investment since November 2020 to USD $2.7bn with no debt issuance.
  • Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, said : "We welcome Hanwha to OneWeb.
  • Neil Masterson, Chief Executive at OneWeb, said: "Hanwha brings advanced defence and antenna technology development to the OneWeb line-up.

OneWeb Announces Significant New Equity Partner

Thursday, August 12, 2021 - 3:15am

Hanwha brings further defence capabilities and the latest antenna technologies to OneWeb, alongside relationships to new government customers and expanded geographical reach.

Key Points: 
  • Hanwha brings further defence capabilities and the latest antenna technologies to OneWeb, alongside relationships to new government customers and expanded geographical reach.
  • Hanwha Systems of South Korea invests USD $300m to OneWeb, brings advanced technology capabilities
    This investment brings OneWeb's total equity investment since November 2020 to USD $2.7bn with no debt issuance.
  • Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, said: "We welcome Hanwha to OneWeb.
  • Neil Masterson, Chief Executive at OneWeb, said: "Hanwha brings advanced defence and antenna technology development to the OneWeb line-up.

OneWeb Completes its 'Five to 50' Mission to Cover Regions North of 50 degrees Latitude including UK, Canada, Alaska and Arctic Region

Thursday, July 1, 2021 - 9:46pm

With this major milestone, the Company is ready to deliver connectivity across the United Kingdom, Canada, Alaska, Northern Europe, Greenland, and the Arctic Region.

Key Points: 
  • With this major milestone, the Company is ready to deliver connectivity across the United Kingdom, Canada, Alaska, Northern Europe, Greenland, and the Arctic Region.
  • Service demonstrations will begin this summer in several key locations including Alaska and Canada as OneWeb prepares for commercial service in the next six months.
  • Offering enterprise-grade connectivity services, the Company has already announced distribution partnerships across several industries and businesses including with BT, ROCK Network, AST Group, PDI, Alaska Communications and others, as OneWeb expands its global capabilities.
  • Thanks to all our incredible partners who have been with us on this journey and are instrumental to making OneWeb's mission a success."

OneWeb Completes its 'Five to 50' Mission to Cover Regions North of 50 degrees Latitude including UK, Canada, Alaska and Arctic Region

Thursday, July 1, 2021 - 9:29pm

With this major milestone, the Company is ready to deliver connectivity across the United Kingdom, Canada, Alaska, Northern Europe, Greenland, and the Arctic Region.

Key Points: 
  • With this major milestone, the Company is ready to deliver connectivity across the United Kingdom, Canada, Alaska, Northern Europe, Greenland, and the Arctic Region.
  • OneWeb Completes its 'Five to 50' Mission to Cover North of 50 degrees Latitude including UK, Canada, Alaska, Arctic
    The latest launch takes OneWeb's in-orbit constellation to 254 satellites, or 40% of OneWeb's planned fleet of 648 LEO satellites that will deliver high-speed, low-latency global connectivity.
  • Service demonstrations will begin this summer in several key locations including Alaska and Canada as OneWeb prepares for commercial service in the next six months.
  • Thanks to all our incredible partners who have been with us on this journey and are instrumental to making OneWeb's mission a success."

OneWeb Fully-Funded with New $500m Investment. Secures $2.4bn in Total Funding

Tuesday, June 29, 2021 - 1:50pm

OneWeb has completed its transformation with the exercise of a Call Option by Bharti to invest an additional $500m into the company.

Key Points: 
  • OneWeb has completed its transformation with the exercise of a Call Option by Bharti to invest an additional $500m into the company.
  • Today's announcement comes as OneWeb prepares for its eighth launch on 1st July, delivering highly anticipated and strategically valuable Arctic region coverage down to 50 degrees latitude.
  • The Call Option is expected to be completed in the second half of 2021, subject to regulatory approvals.
  • On completion, OneWeb will have secured $2.4bn of equity investment, with no issued debt.

OneWeb Fully-Funded with New $500m Investment. Secures $2.4bn in Total Funding

Tuesday, June 29, 2021 - 1:37pm

OneWeb has completed its transformation with the exercise of a Call Option by Bharti to invest an additional $500m into the company.

Key Points: 
  • OneWeb has completed its transformation with the exercise of a Call Option by Bharti to invest an additional $500m into the company.
  • Today's announcement comes as OneWeb prepares for its eighth launch on 1st July, delivering highly anticipated and strategically valuable Arctic region coverage down to 50 degrees latitude.
  • The Call Option is expected to be completed in the second half of 2021, subject to regulatory approvals.
  • On completion, OneWeb will have secured $2.4bn of equity investment, with no issued debt.

Alaska Communications Expands Connectivity Offerings With Low Earth Orbit Satellites

Thursday, June 10, 2021 - 9:05pm

Alaska Communications (NASDAQ: ALSK) has signed a Distribution Partner Agreement with OneWeb , the global communications network powered from space, to expand the companys connectivity solutions across Alaska.

Key Points: 
  • Alaska Communications (NASDAQ: ALSK) has signed a Distribution Partner Agreement with OneWeb , the global communications network powered from space, to expand the companys connectivity solutions across Alaska.
  • Through the agreement, Alaska Communications will sell OneWebs low Earth orbit (LEO) satellite service to its customers and use OneWebs infrastructure for critical middle mile connections.
  • Were pleased to work with OneWeb to offer LEO services in Alaska, said Bill Bishop, president and CEO of Alaska Communications.
  • Alaska Communications (NASDAQ: ALSK) is the leading provider of advanced broadband and managed IT services for businesses and consumers in Alaska.

OneWeb and Erillisverkot demonstrated Low Earth Orbit satellite connectivity to Finnish Government Agencies at Westcott Venture Park

Wednesday, June 2, 2021 - 11:35am

Run in partnership with Finland's state-run security network provider, Erillisverkot Group, the event demonstrated how OneWeb's constellation of Low Earth Orbit (LEO) satellites is suited to supporting the operational requirements of multiple government agencies in the High North and Arctic Circle.

Key Points: 
  • Run in partnership with Finland's state-run security network provider, Erillisverkot Group, the event demonstrated how OneWeb's constellation of Low Earth Orbit (LEO) satellites is suited to supporting the operational requirements of multiple government agencies in the High North and Arctic Circle.
  • Antti Kauppinen, Chief Technology Officer, Erillisverkot Group said: "Erillisverkot wants to present new space technology solutions with partners such as OneWeb to Finnish public safety organisations.
  • Erillisverkot and Finland are one of the global front runners when it comes to co-operation with public safety organisations.
  • Finnish representatives witnessed how OneWeb will support data throughput up to 195mbps and roundtrip latency levels as low as 70ms.

Successful Launch Brings OneWeb Closer to 'Five to 50' Ambition

Saturday, May 29, 2021 - 7:00am

This launch brings OneWeb a step closer to completing its 'Five to 50' ambition and the start of commercial service by the end of the year.

Key Points: 
  • This launch brings OneWeb a step closer to completing its 'Five to 50' ambition and the start of commercial service by the end of the year.
  • This latest successful launch brings OneWeb's total in-orbit constellation to 218 satellites.
  • Neil Masterson, OneWeb CEO, commented:Today's successful launch is another execution milestone that putsus one launch away from delivering high speed, low latency connectivity to Alaska, Canada, Greenland, UK, and Northern Europe.
  • OneWeb Satellites CEO James Hinds commented: Today's successful launch highlights the great industrial partnership we have with OneWeb and Airbus.