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Kolkata:US-based satellite communications player, Hughes Network Systems, has joined the consortium of India’s Bharti Enterprises and the UK government that recently won a bid to take over OneWeb – the British firm that went bankrupt while trying to build a constellation of satellites to deliver wireless broadband globally.

Hughes has agreed in-principle to invest $50 million in the consortium, and will also continue as a trusted technology and distribution partner to OneWeb, the company said in a statement Monday.

Pradman Kaul, president of Hughes, said the satcoms player is “pleased to be part of this winning team, along with the British government and Bharti”. He added that Hughes continuing and strengthened involvement with OneWeb extends naturally from its position as a leading geo-stationary satellite operator and ground network innovator, along with a meaningful partnership with Bharti and longstanding relationship with the U.K. through its business operations in both countries”.

“We are delighted to welcome Hughes to the consortium. The investment by Hughes underlines OneWeb’s exciting commercial prospects, reflected in the ongoing discussions with some of the world’s leading strategic and financial investors,” Bharti Enterprises chairman Sunil Mittal said, in a media statement Monday.

Earlier this month, Bharti and the UK government had said they would each invest $500 million in OneWeb, which aims to provide high-speed, low-latency broadband services, especially in rural areas, and take on the likes of Elon Musk’s SpaceX Starlink and Jeff Bezos’s Amazon-linked Project Kuiper.

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