Satellite companies OneWeb and Eutelsat have agreed to a $3.4 billion merger to create a player in global internet connections that competes with SpaceX’s Starlink and Amazon’s Kuiper. Combined, the two companies say they will tie together low Earth orbit satellites that offer faster connections with less lag and geostationary satellites that have more capacity and cover wider areas, with OneWeb continuing to operate as its own brand under Eutelsat.
France-based Eutelsat provides…
