Eutelsat completes OneWeb equity investment
Paris, 8 September 2021 – Eutelsat Communications (Euronext Paris: ETL) confirms the closing of its $550m equity investment in OneWeb announced on April 27, 2021. Subject to completion of the subsequently announced investments in OneWeb by Bharti and Hanwha, Eutelsat will hold a 17.6% stake.
Rodolphe Belmer, Chief Executive Officer of Eutelsat, said: “We are delighted to close this invest