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Richard Branson, billionaire, chairman and founder of Virgin Group Ltd., speaks as he announces the details of a new Internet-satellite network during a news conference in London, U.K., on Thursday, June 25, 2015. OneWeb Ltd. raised $500 million from companies including Qualcomm Inc., Richard Branson's Virgin Group and Airbus Group NV to set up the world's biggest Internet-satellite network. Photographer: Matthew Lloyd/Bloomberg via Getty Images

Richard Branson, billionaire, chairman and founder of Virgin Group Ltd., speaks as he announces the details of a new Internet-satellite network during a news conference in London, U.K., on Thursday, June 25, 2015. OneWeb Ltd. raised $500 million from companies including Qualcomm Inc., Richard Branson's Virgin Group and Airbus Group NV to set up the world's biggest Internet-satellite network. Photographer: Matthew Lloyd/Bloomberg via Getty Images