Kolkata: A joint bidding entity of Bharti Global and the British government, which recently won a bid to take over UK’s OneWeb, will shortly put in an application to the Indian National Space Promotion and Authorisation Centre (IN-SPACe) to secure landing rights to use the bankrupt British firm’s satellite systems capacity in India to deliver fast wireless broadband services. Bharti Global is the overseas arm of Bharti Enterprises – the holding company of Bharti Airtel, India’s second-largest telecom operator. IN-SPACe is a central regulatory body mandated to attract private capital into the space sector and create a level playing field for private-sector satellite services companies. “The Bharti Global-British government Bidco (which put in the winning bid for OneWeb) is working towards establishing its presence across all key global markets to execute activities, post-approvals from the court process. India will be an important market, and in this regard, it will work with all stakeholders, including the Indian Space Research Organisation (Isro),” a Bharti spokesman said in a written response to ET’s queries. Another person aware of the matter said landing rights permission would be sought from appropriate authorities in the Department of Space (DoS) to enable the setting up of multiple… Read full this story
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