OneWeb will provide global satellite broadband by 2022: Sunil Mittal

Telecommunications tycoon Sunil Mittal said the satellite startup he rescued from bankruptcy with the U.K. government will be offering global broadband services within 18 months. The new target for OneWeb heats up a space race against two other billionaire entrepreneurs who are rushing to offer internet from low-earth orbit satellites -- Space Exploration Technologies Corp. founder Elon Musk and Amazon.com Inc. founder Jeff Bezos.