Macquarie, the Australian investment fund and former owner of Thames Water, is reportedly looking to sell KCOM, the Hull-based broadband provider amid growing competition from upstart networks. The Telegraph reported that Macquarie has already appointed advisory-focused investment bank PJT Partners to conduct a strategic review of KCOM’s business. The move could potentially result in a […]
The long-running legal battle between SES and Intelsat over more than $400 million (€375.2m) which SES is claiming out of the sum received by Intelsat from the FCC’s compensation scheme for the reuse of C-band, has been postponed. A hearing initially set for April 24th has now been rescheduled for July 17th. SES is arguing […]
AST SpaceMobile, already suffering criticism for multiple delays and alleged misleading statements to shareholders, has been hit with Class Actions. The actions will be before the Western District of Texas in the US District Court and before Judge David Counts. AST SpaceMobile is based at Midland, Texas. AST SpaceMobile, together with its subsidiaries, develops and […]
In Q4 2023, global fixed broadband connections reached 1.43 billion, following a quarterly growth of 0.96 per cent. Point Topic, the broadband market intelligence provider, recorded a decline in fixed broadband subscriptions in 18 countries, down from 21 in Q3 2023. Some of these markets have high mobile subscriber penetration, others are experiencing high inflation […]
The satellite Internet of Things (IoT) market is transforming remarkably, driven by technological advancements and an ever-increasing demand for global connectivity. As the world becomes more interconnected, the limitations of terrestrial networks become apparent, particularly in remote and underserved regions. This is where satellite IoT steps in, bridging the gap with its ability to provide […]
April 18th saw satellite operator issue its annual dividend payments (of €0.50 per share) to shareholders. That’s the good news. The bad news is that there was the usual post-dividend share sell-off, but this year’s decline was significant. SES’s Paris bourse share price has fallen 12.5 percent over the past week to €5.53 and at […]
4iG Group has announced it has tested 5.5G technology in operation using 6 GHz spectrum in Central and Eastern Europe (CEE) in collaboration with the Faculty of Electrical Engineering and Informatics of the Budapest University of Technology and Economics (in Hungarian: ‘BME VIK’). The new technology can deliver up to ten times faster download speeds […]
Comcast has rolled out its NOW brand in the US, offering Internet, mobile and streaming TV products that consumers can purchase month-to-month, whenever they want. Comcast explains that NOW Internet “is a prepaid service that provides more reliability than fixed wireless options for a better price”; and NOW Mobile is a new prepaid service that […]
FTTH lines in Spain grew by 102,921 in February 2024, reaching a total of 15.6 million, according to the latest report from CNMC. Some 5.4 million lines, 34.6 per cent of the total, belong to Movistar with 310,000 new lines added on a year-on-year basis. Movistar, Orange and MásMóvil together control 72.6 per cent of […]
Declan Ganley, CEO of Rivada Space, visited Terran Orbital’s brand-new production site at Irvine, California on April 17th and held a Town Hall meeting of the two companies’ staff. The visit was far from routine and was a clear indication of Rivada’s importance to Terran’s financial future. Ganley was inspecting what will be the main […]