Beijing Xinwei Technology Group has agreed to buy Israeli satellite operator Spacecom for US$285m, ending a lengthy sale process for Shaul Elovitch’s Eurocom Group. The Chinese telecoms equipment giant has looked to enter the satellite arena before when its billionaire CEO Wang Jing laid out plans for a LEO constellation. Beijing Xinwei Technology Group has agreed to buy Israeli satellite operator Spacecom (TASE:SCC) for US$285m, ending a lengthy sale […]