OneWeb Seeks FCC OK of Eutelsat Deal
OneWeb asked the FCC to approve Eutelsat buying 24% of OneWeb (see 2104270055), and simultaneous approval of modifications to the market access grants for its non-geostationary orbit constellation and transfer of control of associated earth stations to reflect that changed…
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ownership structure, in an FCC International Bureau application Thursday. OneWeb said Eutelsat would bring "significant technical, operational, business and marketing expertise" that can help in selling connectivity services, in addition to the $550 million investment.