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U.S. OneWeb satellite service has not offered stake to Russia

December 29, 2018 8:42 AM
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MOSCOW (Reuters) - The U.S. satellite startup OneWeb, which plans to create a worldwide internet network using satellites, said on Friday that it had not offered the Russian government a stake in the project.

Sources had earlier told Reuters that OneWeb had offered to sell a 12.5 percent stake to Russia, a move it hoped would allay Moscow’s concerns about the company’s satellite network plan.

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