Apr 7, 2021 11:58am
OneWeb s CEO said he believes the company can help operators supplement global coverage at the right price point. (OneWeb)
OneWeb CEO Neil Masterson expressed confidence its ability to tap the expertise of a high-profile group of investors would give it a leg up in an increasingly competitive satellite market, smoothing the company’s path as it pursues commercial deals with operators and governments.
Since July 2020, OneWeb raised a total of $1.4 billion from the UK government, India’s Bharti Global, Japan’s SoftBank Group and satellite service provider Hughes Network Systems.
Speaking at the Satellite 2021 LEO Digital Forum, Masterson said all four of these investors provide access to “global capabilities that are really helpful” as it targets gains in the enterprise, government, maritime and aviation markets.
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HughesNet in Puerto Rico Expands to Serve Increased Demand for Broadband
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GERMANTOWN, Md., April 6, 2021 /PRNewswire/ Hughes Network Systems, LLC (HUGHES), an innovator in satellite technologies and networks for 50 years, today announced it has secured additional capacity over Puerto Rico for HughesNet
®, the leading satellite Internet service. The capacity increase – on the existing Hughes 63 West satellite payload – will enhance the customer experience for current HughesNet customers across Puerto Rico and enable Hughes to serve even more customers on the island with affordable, reliable Internet access.
HughesNet was named Best Satellite Internet Service Provider of 2021 by U.S. News & World Report.