PARIS — Eutelsat and OneWeb made a detailed presentation to investors on behalf of the two companies’ merger in an attempt to overcome a lackluster market reaction, saying that OneWeb’s projected revenue of 50 million euros ($50 million) for the 12 months ending next June 30 would triple the year after.
OneWeb Chief Executive Eve Berneke said OneWeb’s EBITDA would rise steadily to reach the 70%-plus margins of Eutelsat’s current video-broadcast dominated business.
OneWeb Chief Executive Neil Masterson said the company . . .
To view the entire article, become a subscriber!
