PARIS— Canadian satellite fleet operator Telesat, which has struggled to secure financing of its proposed Telesat LEO broadband satellite constellation, has submitted a bid to purchase the assets of competing broadband constellation OneWeb Global Ltd.
Telesat, which had tried to win over British government support for LEO, will compete with a British government-led offer for OneWeb, industry officials said.
Officials said Telesat — like most other observers of the OneWeb bankruptcy proceeding — had assumed that the British government would never make a bid on its . . .
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