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OneWeb the beneficiary as Softbank begins US investment programme

Connectivity BusinessbyConnectivity Business
December 19, 2016
in Financing, Space Services
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Ambitious satellite broadband venture OneWeb has confounded its critics by closing its second funding round to secure US$1.2bn in fresh capital, most of which is coming from Softbank. The Japanese TMT group, led by founder and CEO Masayoshi Son, is injecting US$1bn into OneWeb as part of a promised US$50bn investment programme in the US that coincides with the election […]

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