Tag: London Stock Exchange

Eutelsat and OneWeb have on Thursday successfully completed their merger, forming the world's first geostationary-low earth orbit (GEO-LEO) satellite space connectivity company. This merger of Eutelsat Communications' all-share combination with OneWeb was confirmed after Eutelsat shareholders, at an Ordinary and Extraordinary General Meeting, gave their approval, according to a statement by Bharti Enterprises.The newly established entity, headquartered in Paris, will have Bharti Enterprises as its primary shareholder, owning 21.2 per cent of the shares. The Bharti Group in its statement has affirmed its commitment to serving as a...