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March 27, 2020 05:10 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/W0JsmzFtfG4/
OneWeb to file for bankruptcy as effort to secure funding, including from investor SoftBank, falls through
Broadband constellation satellite operator OneWeb will file for bankruptcy protection in the U.S., likely some time Friday, after attempts to secure new funding, including from existing investor SoftBank, fell through, TechCrunch has learned. The Financial Times also reported on the failure of its funding attempt on Friday, based on its own separate sources. The company […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/W0JsmzFtfG4/
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