Tag: softbank
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Intelsat sues OneWeb broadband satellite venture over a mega-deal that went sour
An artist’s conception, released during the time when Intelsat was considering what would have been effectively a merger with OneWeb, shows a OneWeb satellite in orbit. (OneWeb Illustration) One of the world’s biggest satellite operators, Intelsat, is accusing the OneWeb broadband satellite venture and its biggest investor, SoftBank, of breach of contract, fraud and conspiracy…
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Bill Gates, Airbus and SoftBank invest in satellite video startup that wants to help us ‘see and understand the Earth live and unfiltered’
A graphic shows the preliminary design for satellites that Airbus is manufacturing for OneWeb. EarthNow plans to use a modified version of the same platform to beam real-time video down to Earth. (C3 Creative Code and Content GmbH Photo via Airbus) The latest spinout from Intellectual Ventures, EarthNow, says it’s coming out of stealth mode…
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SoftBank puts $1.7B into Intelsat merger with OneWeb satellite internet venture
An artist’s conception shows a OneWeb satellite in orbit. (OneWeb Illustration) Intelsat and OneWeb today laid out plans for a mega-merger aimed at bolstering their satellite internet services, with a $1.7 billion investment boost from SoftBank. The arrangement is a head-turner, due to the complicated conditions of the deal as well as its ambitious objective.…