Eutelsat becomes second largest OneWeb shareholder

Eutelsat raised its stake in OneWeb to 23%, the company announced, making it the second largest shareholder behind Indian Bharti …
Eutelsat becomes second largest OneWeb shareholder

Eutelsat raised its stake in OneWeb to 23%, the company announced, making it the second largest shareholder behind Indian Bharti with 30.0%.

Eutelsat said it has exercised a call option on a portion of the latest OneWeb funding round subscribed by Bharti, for $165 million, taking its shareholding from 17.6% to 22.9%.

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