OneWeb Targeting Global Internet Access With Satellites

The video discusses the expansion of satellite facilities in Toulouse, France, aiming to bridge the digital divide by 2027. It highlights plans to connect schools globally by 2022 and provide affordable Internet access. The business model is sustainable and profitable, despite past failures in the satellite industry. The company holds significant spectrum rights, differentiating it from competitors like SpaceX. The merger with Intelsat and investment from SoftBank are expected to enhance future prospects.

What is the significance of spectrum in satellite communication as mentioned in the text?

What are the expected outcomes of the merger with Intelsat?