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Top related persons:
Eutelsat OneWeb - 1 Modi's - 1 Sunil Bharti Mittal - 1 Eutelsat - 1 Mittal's - 1 Mittal - 1 OneWeb - 1 Elon Musk's Starlink - 1
Top related locs:
BENGALURU India Bengaluru
Top related orgs:
Mittal's Bharti Enterprises - 1 Airtel - 1 Indian Space Research Organization - 1 ISRO - 1 Ambani's - 1 Economic Times - 1 Thomson - 1

Search resuls for: "Sunil Bharti Mittal"


3 mentions found


☆ Eutelsat OneWeb gets Indian go-ahead for satellite broadband services
  + stars: | 2023-11-21 | by ( ) www.reuters.com   time to read: +2 min
BENGALURU, Nov 21 (Reuters) - Eutelsat (ETL.PA) subsidiary Eutelsat OneWeb said on Tuesday it had won approval from India's space regulator to launch commercial satellite broadband services in the country. Prime Minister Modi's government, which is heading for elections next year, is pushing the development of India's space industry. Investors poured $119 million into Indian space startups in 2022, up from a total of just $38 million in all the years up to 2017. In March, OneWeb partnered with Indian Space Research Organization (ISRO) to launch 36 satellites. Amazon's Project Kuiper (AMZN.O) has also been in talks with regulators to offer satellite broadband services in India, the Economic Times newspaper reported last month.
Persons: Eutelsat OneWeb, Modi's, Sunil Bharti Mittal, Eutelsat, Mittal's, Mittal, OneWeb, Elon Musk's Starlink, Nivedita, Kanjyik Ghosh, Alexander Smith Organizations: Mittal's Bharti Enterprises, Airtel, Indian Space Research Organization, ISRO, Reuters, Ambani's, Economic Times, Thomson Locations: BENGALURU, India, Bengaluru
☆ Starlink rival OneWeb aims for global satellite internet coverage after passing a key milestone
  + stars: | 2023-03-27 | by ( Ryan Browne | ) www.cnbc.com   time to read: +4 min
OneWeb, a rival to Elon Musk's Starlink internet satellite venture, is aiming to roll out coverage globally after successfully launching the final batch of satellites needed for its broadband service over the weekend. While OneWeb has a few more satellites to deploy in May and June, it now has enough to deliver internet connectivity to any spot in the globe, according to company executives. OneWeb plans to launch 648 satellites in total, of which 588 satellites are required for global coverage. The rest will serve as spares that can step in, in case some other satellites on the network go rogue. Starlink, the space internet unit of Musk's SpaceX, has launched thousands of satellites to bring network connectivity to places with patchy internet.
☆ Airtel would be a complex saviour for Paytm
  + stars: | 2023-02-28 | by ( Shritama Bose | ) www.reuters.com   time to read: +4 min
An investment from tycoon Sunil Bharti Mittal would deliver a timely vote of confidence in the loss-making Indian financial technology darling whose Chinese investors are exiting. Currently it only has a payments bank licence, so it can accept deposits but not lend. New shareholders might also help ease an ongoing regulatory freeze on Paytm accepting deposits from new customers. He is seeking a stake in Paytm by merging his financial services unit – Airtel Payments Bank – into Paytm’s comparable unit, and wants to buy shares in its parent too from other holders, per Bloomberg. Mittal seeks to fold Airtel Payments Bank into Paytm Payments Bank in a stock deal and is also seeking to buy Paytm shares from other holders, the people said, asking not to be identified discussing private information.
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