OneWeb, the company aiming to bring the internet to the 31% of the world’s population who don’t have access to 3G connectivity, is moving one step closer to bringing its satellite services back to Earth.
The billionaire-backed corporation, which has raised over $1.7 billion from Virgin Group, SoftBank, Coca Cola, Bharti Group, Qualcomm and Airbus; just announced an exclusive $190 million contract with Echostar subsidiary Hughes Network Systems to provide some of the terrestrial infrastructure necessary to distribute its internet services.