comScore
Active Stocks
Fri Sep 22 2023 15:58:38
  1. Tata Steel share price
  2. 126.7 -0.86%
  1. HDFC Bank share price
  2. 1,529.2 -1.57%
  1. State Bank Of India share price
  2. 598.1 1.67%
  1. Power Grid Corporation Of India share price
  2. 199.1 -1.34%
  1. Tata Motors share price
  2. 621.1 -0.93%
Business News/ Companies / News/  Bharti's OneWeb, Hughes partner to provide satellite broadband services in India
Back

Bharti Group-backed company OneWeb and satellite service provider Hughes Network Systems have signed a strategic six-year distribution agreement to provide satellite broadband services across India, a joint statement said on Thursday.

The services in India will be provided by Hughes and Bharti Airtel joint venture Hughes Communications India Private Ltd.

The agreement follows a memorandum of understanding signed by the companies in September 2021.

"This announcement marks a turning point for Digital India. Enterprise and government customers, including telecom service providers, banks, factories, schools, defence organisations, domestic airlines, and offshore vessel operators, are eagerly anticipating the arrival of new high performing Satcom services.

“We look forward to bringing them high-speed, low-latency services from HCIPL, using OneWeb capacity," HCIPL president and managing director Partho Banerjee said.

OneWeb's most recent satellite launch on 27 December 2021 brought its total in-orbit satellites to 394, over 60 per cent of the planned 648 LEO satellite fleet.

It plans to commence global service by the end of 2022 as demand continues from telecommunications providers, aviation and maritime markets, ISPs, and governments worldwide for its low-latency, high-speed connectivity services.

"OneWeb is delighted to partner with Hughes to offer high-speed, low-latency satellite broadband solutions. OneWeb's constellation will cover the length and breadth of India, from Ladakh to Kanyakumari and from Gujarat to the Northeast and bring secure solutions to enterprises, governments, telcos, airline companies and maritime customers.

“OneWeb will invest in setting up enabling infrastructure such as Gateways and PoPs (points of presence) in India to light up the services," OneWeb CEO Neil Masterson said.

Hughes, through its parent company EchoStar, is a shareholder in OneWeb. It is also an ecosystem partner to OneWeb, developing gateway electronics – including for those in Gujarat and Tamil Nadu – and the core module that will power every user terminal for the system.

Hughes is also the prime contractor on an agreement with the US Air Force Research Lab to integrate and demonstrate managed LEO SATCOM using OneWeb capacity in the Arctic region, the statement said..

"Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!" Click here!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Updated: 20 Jan 2022, 12:24 PM IST
Next Story
Recommended For You
Switch to the Mint app for fast and personalized news - Get App