Bharti Airtel is planning to invest an additional $500 million (over Rs 3,700 crore) into OneWeb, to become the largest shareholder in the satellite communications company. The investment is a result of exercise of a 'call option' by Bharti. On completion of the transaction and with Eutelsat's $550 million investment, Bharti will hold 38.6 per cent. The UK government, Eutelsat and SoftBank will each own 19.3 per cent, OneWeb. The transaction is expected to be completed in the second half of 2021.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.
