Oneweb and Eutelsat have finalized their merger, which will result in the creation of a new company providing satellite services on a global scale. The headquarters of the merged entity will be in Paris, and the majority shareholding will be held by Bharti Enterprises, with a 21.2% stake. This merger aims to enhance the reach and capabilities of the new company in the satellite services market. By leveraging the expertise and resources of both Oneweb and Eutelsat, the merged entity plans to offer innovative and reliable solutions to customers worldwide. With the increasing demand for satellite services, this merger is expected to strengthen the competitive position of the new company and enable it to tap into new growth opportunities. Through this merger, Oneweb and Eutelsat aim to provide seamless connectivity and expand access to high-speed internet services in underserved areas. The new company will leverage Oneweb’s low Earth orbit satellite constellation and Eutelsat’s global presence to offer a comprehensive range of services, including broadband internet, cellular backhaul, and government and enterprise connectivity, among others. This merger marks an important milestone in the satellite services industry and sets the stage for the new company to become a key player in the market.