News of the potential tie-up comes as SES has announced its first half results.
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There will be 15 directors on the combined board, including ten independent directors.
The talks were based around a transaction that will result in Eutelsat and OneWeb shareholders each holding 50% of the new, combined entity.
The partnership will pave the way for the companies to work together on developing combined GEO/LEO connectivity solutions.
Berneke will replace Rodolphe Belmer, who is leaving Eutelsat for Atos.
Although the Covid-19 pandemic severely affected the satellite industry, forcing a halt in production, the satcom market is projected to grow from $25.33bn in...
OneWeb has now launched over half of its LEO satellite fleet that will deliver high-speed, low-latency global connectivity.
Bharti’s investment means OneWeb has secured the $2.4bn it needs for deploying 648 satellites by 2022.
Following the investment from Eutelsat, which will give the company a board seat, OneWeb’s LEO fleet could potentially find synergies with broadband satellites...
Market survey reveals shifting strategies and new players with 12 new satellite operators to enter FSS GEO market in the 2020s.