Prime Minister Boris Johnson is trying to attract fresh foreign investment from countries including India, China and the U.S. to help offset the U.K.’s departure from the EU.OneWeb makes so-called low-Earth orbit satellites that provide high-speed communications. Bharti Infratel shares rose 1.8%.No final decisions have been made, and other suitors could still emerge for OneWeb, the people said. OneWeb formed an alliance in 2018 with partners including Delta Air Lines Inc., Bharti Airtel and Sprint Corp. to allow wireless carriers to extend their service into airplane cabins.

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“We are in regular discussions with the space industry as part of this work.”Bharti Enterprises participated in a 2015 funding round for OneWeb alongside other investors including Qualcomm Inc., Richard Branson’s Virgin Group and Airbus.

Touch device users, explore by touch or with swipe gestures.When autocomplete results are available use up and down arrows to review and enter to select. In a March 27 bankruptcy announcement, OneWeb cited the financial effects and market turbulence related to Covid-19 pandemic for its failure to obtain financing it needed.Read more: U.K. Set to Bid About $500m for Stake in Satellite Firm OneWebMittal’s group controls Bharti Airtel Ltd., India’s second-biggest wireless operator. I | Complete I-Remit Inc. stock news by MarketWatch. Luxembourg, L-1246

Find the latest Intelsat S.A. (I) stock quote, history, news and other vital information to help you with your stock trading and investing. It faces competition from Elon Musk’s SpaceX Starlink project and Jeff Bezos’s Amazon-linked Project Kuiper, as well as from incumbents such as Inmarsat, Intelsat SA and Eutelsat Communications SA.Pandemic BlowThe company has raised about $3.3 billion in debt and equity financing from shareholders including SoftBank, Airbus SE and Qualcomm Inc. since its inception, according to filings.

View real-time stock prices and stock quotes for a full financial overview. Touch device users, explore by touch or with swipe gestures. View real-time stock prices and stock quotes for a full financial overview. Stock analysis for Intelsat SA (I) including stock price, stock chart, company news, key statistics, fundamentals and company profile.

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