WASHINGTON — The Federal Communications Commission approved the sale of OneWeb to the British government and Bharti Global Oct. 27, as rival SpaceX started a public beta test of its Starlink system.
In a public notice, the FCC announced it has approved the transfer of OneWeb’s satellite and ground station licenses to its new owners as the company seeks to exit its Chapter 11 bankruptcy proceedings. OneWeb requested the transfer Sept. 2, and there were no public comments on the request.
A federal bankruptcy court approved the sale of OneWeb to the British government and Bharti Global Oct. 2, three months after they submitted a winning bid of $1 billion for the company. OneWeb said at the time of the court approval that the sale would close once it received “customary regulatory approvals” from agencies like the FCC. OneWeb expects to have the sale wrapped up by the end of