Bharti confirms multi-million-dollar spectrum sale to Jio developingtelecoms.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from developingtelecoms.com Daily Mail and Mail on Sunday newspapers.
"Hanwha, the South Korean Fortune 500, global technology and manufacturing company has announced a USD 300 million equity investment by Hanwha Systems in OneWeb, the Low Earth Orbit (LEO) satellite communications company backed by Bharti group," OneWeb said in a statement.
OneWeb gets $300 million equity investment from Korea s Hanwha Systems thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
On completion of the deal, OneWeb will appoint a board director to represent Hanwha’s share. The investment is expected to be completed in the first half of 2022