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Eurobites: OneWeb bags more funding from SoftBank, Hughes Network Systems

Also in today s EMEA regional roundup: Deutsche Telekom s Access 4.0 platform goes live; everyone loves Tim Höttges; CityFibre rolls into Sunderland; EE extends unlimited mobile data offer for NHS workers. OneWeb, the satellite communications company jointly owned by the unlikely combo of the UK government and India s Bharti Gobal, has secured additional funding from SoftBank Group and Hughes Network Systems, bringing OneWeb s total funding to $1.4 billion. OneWeb was declared bankrupt in March 2020, but in July the British government and Bharti said they would each invest $500 million in the operator to build a satellite-based navigation system that can be used as an alternative to Galileo, a European Union project, following the UK s departure from the EU. (See Eurobites: OneWeb emerges from Chapter 11, hires new CEO and Bharti Global, British government consortium wins OneWeb bid.)

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