Bidding has started for the latest batch of UK airwaves as networks look to offer next-generation 5G services and improve existing 4G. The big four mobile networks (O2, Three, EE and Vodafone) will compete with one new player (Airspan Spectrum) to bid for a share of the newly released spectrum. It follows months of legal […]
Nigeria says it will create a new legal framework to regulate satellite communications over the country and which would also open up the market to many local and international players. The Nigerian Communications Commission (NCC) says its draft rules are designed to create a legal framework to regulate the provision and use of satellite communication […]
This isn’t the first time that Canada-based Telesat, the fourth-largest global satellite operator, has been reported to be up for sale. But this time the long-awaited sale could be a reality. According to press reports, Loral is trying to sell its 62.7 per cent stake in Telesat, which is based in Ottawa. The reason is […]
Philippines broadband telco Globe has won three creative competition Kidlat Awards for its execution of #PlayItRight’s ‘Piracy vs. Piracy’, the company’s homegrown advocacy to encourage Filipinos to download or stream content from legitimate sources.Piracy vs. Piracy was recognised for three awards—Creative Use Of Media, Branded Corporate Social Responsibility and Digital Activation and Campaigns—at the Ad […]
In a move that will help pave the way for its takeover by 21st Century Fox, Sky has entered into a confidentiality agreement with Fox and The Walt Disney Company. In accordance with market rules on Takeovers and Mergers, Sky revealed the terms of the agreement, which relate to the disclosure of information for the […]
Vodafone Spain has lost a legal case against the former top management team at Ono, the cable operator it bought in 2014 for €7.2 billion. A Spanish Court has refuted Vodafone’s accusation of mismanagement on the grounds that the directors were diligent at Ono. Vodafone had sued Ono’s former chairman José María Castellano, CEO Rosalía […]
Tens of thousands of businesses and homes across the UK are set to benefit from a £67 million (€75.9m) investment in faster Internet connections, the Chancellor Philip Hammond has announced. The Nationwide Gigabit Broadband Voucher Scheme (GBVS) will provide vouchers worth up to £3000 for a small or medium sized business or £500 to residents […]
Satellite operator SES says it has raised €500 million of debt in the form of an 8-year Eurobond. Terms of the borrowing are that the notes will bear a Coupon of 1.625 per cent per annum and were priced at 99.34 per cent of their nominal value. Repayment is due in 2026. Proceeds of the […]
Altice, the Netherlands-based multinational telecoms company, said it was seeing signs of a recovery in the French market as it reported its annual results. The debt-ridden group is currently undergoing a restructuring to improve its numbers. The group posted revenue growth of 0.6 per cent year-on-year for the FY 2017. Dexter Goei, President of the […]
The Walt Disney Company has created a new unit for its streaming video and international businesses “to capitalise on today’s rapidly changing media landscape and more closely align with the Company’s priorities for future growth.” Kevin Mayer, the company’s chief strategy officer, has been named chairman of the new division, which will oversee the upcoming […]