Last week Inmarsat’s board firmly rejected a second tentative bid from EchoStar, which had talked about paying £5.32 a share for the London-based global satellite operator. A report from the equity team at Berenberg Bank suggests it is now time for Inmarsat to lay its cards on the table, given that the operator’s somewhat volatile […]
The FCC is advancing (by a 4-0 vote) to move forward with a proposal by Intelsat and SES (with Intel) to see a restructuring of C-band spectrum over the US to help develop 5G. The plan would see Intelsat, SES (and including Eutelsat) sell some of their C-band frequencies to the USA’s cellular operators. However, […]
Goonhilly Earth Station has announced the appointment of Bob Gough as Head of Business Development, Australia and Asia-Pacific. Based in Australia, Gough’s role is to spearhead commercial expansion for Goonhilly across the region, develop new business opportunities and grow Goonhilly’s customer base. Gough’s appointment comes just days after the July 1st establishment of the Australian […]
The UK Government has published its White Paper on The Future Relationship Between the United Kingdom and The European Union, disagreement over which saw two resignations within the Department for exiting the European Union, as well as that of Foreign Secretary Boris Johnson. In terms of sectors covered by any future economic partnership, the Government […]
Comcast has raised its bid for Sky, valuing the pay-TV giant at £26 billion and trumping yesterday’s Fox bid of £24.5 billion (€27.7bn, $32.4bn). It tops Comcast’s previous £22 billion offer in the escalating bidding war between Disney (poised to buy Fox) and Comcast. Comcast said its upped offer has been recommended by Sky’s independent […]
Imagina US, owned by the Spanish TV group Mediapro, has pleaded guilty to charges of bribing Latin American football officials for the TV rights to qualifying matches for the 2014, 2018 and 2022 World Cups. The company will have to pay a fine of more than $24 million, imposed by a US court during the […]
Newly-appointed Secretary of State for Digital, Culture, Media and Sport, Jeremy Wright has given his Department’s clearance for 21st Century Fox’s bid for the 61 per cent of Sky it does not already own. In a Statement to Parliament, he said that having taken over as the Secretary of State with responsibility for media public […]
Leading global satellite operators Intelsat, SES and Eutelsat are joining forces on a market-based proposal for the future use of the lower C-band spectrum in the US. Eutelsat has agreed to join the proposal initiated by Intelsat, Intel and SES. The US Federal Communications Commission (FCC) is set to announce its planned adoption of a […]
In light of the continued illegal use of the World Cup football broadcast signal by pirate operation beoutQ, the game’s governing body FIFA has engaged counsel to take legal action in Saudi Arabia and is working alongside other sports rights owners that have also been affected to protect its interest. “FIFA urges the authorities of […]
Broadcom, a semiconductor device supplier to the wired, wireless, enterprise storage, and industrial end markets, and CA Technologies, a provider of IT management software and solutions, have announced that the companies have entered into a definitive agreement under which Broadcom has agreed to acquire CA to create a leading infrastructure technology company. The all-cash transaction represents an equity […]