- Reuters•2 hours ago
OneWeb is among a handful of startups planning to build, launch and operate thousands of small satellites to provide internet access worldwide. Elon Musk’s Space Exploration Technologies Corp unveiled plans in January 2015 for an internet-via-satellite network that would eventually include some 4,000 satellites. A merger of Intelsat with OneWeb would eventually create a combined network of hundreds or even thousands of satellites in high and low altitudes around Earth.
- American City Business Journals•3 hours ago
Intelsat SA, the large satellite services provider based in Tysons, has cut a deal to combine forces with upstart rival — and sometimes partner — OneWeb in a multibillion dollar deal that would dramatically reduce Intelsat’s debt. The deal, the latest in a wave of consolidation in the satellite industry, is being driven by SoftBank Group Corp., which invested $1 billion in OneWeb in 2016 to support its development of a satellite production facility to provide affordable worldwide internet service. Intelsat (NYSE: I) made an investment in privately held OneWeb, in 2015.
- Bloomberg•3 hours ago
ARM’s new owner SoftBank is encouraging the British chip designer to think in “the broadest terms possible,” said Chief Executive Officer Simon Segars. That includes major deals and global expansion.
SFTBY : Summary for SOFTBANK CP UNSP ADR - Yahoo Finance
SoftBank Group Corp. (SFTBY)
Other OTC - Other OTC Delayed Price. Currency in USD
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|Day's Range||37.12 - 37.55|
|52 Week Range||23.76 - 39.50|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||10.62|
|Dividend & Yield||0.19 (0.50%)|
|1y Target Est||N/A|