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EPA:ETL 29 May 2025

Inside OneWeb’s Global Internet Play: How This Satellite Network Is Quietly Disrupting Starlink’s Orbit

Inside OneWeb’s Global Internet Play: How This Satellite Network Is Quietly Disrupting Starlink’s Orbit

OneWeb reached 614 operational LEO satellites by March 2023, surpassing the minimum needed for global coverage. The company merged with Eutelsat in September 2023, making Eutelsat the sole owner. In 2024, OneWeb ordered 300 Gen 2 satellites from Airbus for launches in 2025–2026. Service targets enterprise and government clients, with end-user pricing around $1,000–$1,500 per month via resellers.

Stock Market Today

  • ASX Set to Dip as Middle East Tensions Boost Oil Prices; Premier Investments Reports Lower H1 Earnings
    March 19, 2026, 9:22 PM EDT. Australian shares are expected to decline on Friday amid volatile energy markets triggered by Middle East strikes that briefly pushed Brent crude to $119 a barrel. The S&P 500 and Nasdaq each dropped 0.3%, while the Dow fell 0.4% overnight. Investors are also focused on Australia's upcoming consumer price index report. Premier Investments (ASX:PMV) posted fiscal first-half earnings of AU$0.6351 per share on AU$460.3 million revenue, down from AU$0.7307 earnings on AU$465.2 million a year earlier. Flight Centre Travel Group (ASX:FLT) acquired UK agency Fresh Approach, expanding its FCM meetings-and-events operations. The ASX benchmark closed down 1.7% at 8,497.80 on Thursday.
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