CARSAC DE GURSON, France — Indian telecom magnate Sunil Bharti Mittal partially answered the question of what he thinks he’s getting for his $500 million investment in the OneWeb Global Ltd. global satellite broadband startup: latency low enough for interactive gaming and automated vehicles.
With an identical $500-million commitment from the British government, OneWeb is expected to come out of Chapter 11 bankruptcy by the end of the year. The British government has a host of strategic/national autonomy reasons for wanting OneWeb.
It’s less . . .
To view the entire article, become a subscriber!