UPDATE 5-SoftBank-backed OneWeb to merge with Intelsat

OneWeb is among a handful of startups planning to build, launch and operate thousands of small satellites to provide internet access worldwide. Elon Musk’s Space Exploration Technologies Corp unveiled plans in January 2015 for an internet-via-satellite network that would eventually include some 4,000 satellites.

Posted: 2017-02-28 21:42:00

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