April 28, 2024 02:34 (IST)
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OneWeb blames COVID 19 for collapse

New York/IBNS: Blaming Coronavirus for the collapse, OneWeb, the global communications company, on Saturday announced that the company and certain of its controlled affiliates have voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York.

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