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LONDON (OneWeb PR) — OneWeb, which is building a new global communications system to create affordable broadband services for all, today announces it has raised $500 million of funding from a group of leading international companies.
OneWeb has attracted investment from Airbus Group, Bharti Enterprises, Hughes Network Systems, (Hughes), a subsidiary of EchoStar Corp., Intelsat, Qualcomm Incorporated, The Coca-Cola Company, the Virgin Group, and Totalplay, a Grupo Salinas Company, owned by Ricardo B. Salinas.