Hughes Network to invest $50 mn in UK govt, Bharti-led OneWeb consortium

Hughes has worked closely with the UK Government through its Hughes Europe division, which is headquartered outside of London, and sister company EchoStar Mobile Limited

Satellite networks and services company Hughes Network Systems on Monday announced $50 million investment in the UK government and Bharti Enterprises-led consortium which is acquiring bankrupt satellite operator OneWeb.

Hughes' India arm Hughes Communications India Ltd, (HCIL) and Bharti Airtel have also started the process of combining their satellite broadband operations in India, according to a joint statement issued by Hughes and Bharti Enterprises.

"Hughes has agreed in principle to invest $50 million in the consortium. Additionally, Hughes will continue as a trusted technology and distribution partner to OneWeb, the Low Earth Orbit (LEO) satellite operator which had launched 74