Their launch had been scheduled for Saturday.

The UK government teamed up with Indian telecom giant Bharti Global toacquire the financially troubled OneWebin 2020.

Despite some false starts in its history, the company aims to offer competition for Elon Musk’s Starlink.

The UK government is actually not the largest shareholder.

Bharti holds twice as much equity in the company, and Eutelsat and Softbank are also significant shareholders.