Bharti Airtel’s Sunil Mittal bids for satellite firm OneWeb !!
OneWeb makes so-called low-Earth orbit satellites that provide high-speed communications. It faces competition from Elon Musk’s SpaceX Starlink project and Jeff Bezos’s Amazon-linked Project Kuiper. Indian telecommunications tycoon Sunil Mittal has submitted a bid for OneWeb, the bankrupt satellite firm whose investors include SoftBank Group Corp., people with knowledge of the matter said. An arm of Mittal’s Bharti Enterprises Ltd. conglomerate made an offer for London-based OneWeb with backing from the UK government, according to the people, who asked not to be identified because the information is private. The UK…