OneWeb merging with Eutelsat?

Following weekend  reports that British/Indian satellite broadband constellation OneWeb was“near a merger” with  Eutelsat, the Paris-based operator has issued a Clarification statement, saying that it had engaged in discussions with its co-shareholders in OneWeb “regarding a potential all-share combination to create a global leader in Connectivity with complementary GEO/LEO activities”.

Source: OneWeb merging with Eutelsat?