Bharti Enterprises’ Space Arm To Invest INR 313 Cr In Eutelsat

OneWeb India, the space communications arm of Bharti Enterprises, is set to invest Rs 313 crore in the global satellite operator, Eutelsat. This investment is part of a larger strategic collaboration between the two companies. Bharti is a major shareholder in Eutelsat OneWeb, which was formed after a merger. This additional investment strengthens Bharti's position in the global satellite communications market. The funds will be used to support the expansion of the OneWeb satellite constellation and to develop new services. This move is aligned with Bharti's vision of becoming a key player in providing high-speed, low-latency satellite broadband services to enterprise and government customers in India and across the world. The investment underscores the growing importance of the satellite communications sector as a new frontier for global connectivity.