Tag: OneWeb

Softbank will let OneWeb and Intelsat deal fall through

Softbank will let OneWeb and Intelsat deal fall through

Written by on June 1, 2017 in News with 0 Comments

(Reuters) – Japan’s SoftBank Group Corp will let the $14 billion merger between its satellite startup OneWeb and peer Intelsat SA fall through, after failing to get enough of Intelsat creditors to back it, people familiar with the matter said on Wednesday. The collapse of the merger represents a rare blow to SoftBank Chief Executive […]

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