NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

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Sinclair Broadcast Group Inc (SBGI.O) on Wednesday filed a counterclaim to a lawsuit by Tribune Media Co (TRCO.N) seeking $1 billion for what Tribune said was a breach of contract over a proposed merger. Tribune terminated its $3.9 billion sale to Sinclair on Aug. 9 and filed a lawsuit, saying…

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Australia’s TPG Telecom Ltd agreed a merger with Vodafone Group’s (VOD.L) Australian business on Wednesday, easing competition in the cut-throat sector and buying scale to take on bigger rivals Telstra Corp Ltd (TLS.AX) and Optus. It combines Australia’s third- and fourth-largest telecom firms into a larger third player holding TPG’s fiber…

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U.S. cable and satellite TV providers Altice USA Inc (ATUS.N) and Dish Network Corp (DISH.O) have urged U.S. regulators not to approve the planned merger between T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N) in its current form, according to filings published on Tuesday.   The $26 billion deal between…

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COMSAT, a leader in satellite connectivity to the US DoD, has announced a seven year Master Distribution Agreement (MDA) with London?listed Avanti Communications plc (AVN.L). COMSAT will benefit from the Avanti advanced satellite fleet and particularly from the Hylas 4 satellite, a High?Throughput Satellite (HTS), focused on the Middle East…

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South Africa’s Vodacom launched what it said was Africa’s first commercial 5G internet service in Lesotho on Saturday, but said it would only be able to provide a similar service in its home market once spectrum was made available. Vodacom, South Africa’s biggest mobile operator by market value, said the…

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Comtech Telecommunications Corp announced today that during its fourth quarter of fiscal 2018, its Tempe, Arizona-based subsidiary, Comtech EF Data Corp., which is part of Comtech’s Commercial Solutions segment, received a $1.3 million order for satellite communications infrastructure equipment from a major defense contractor. The equipment will be deployed by…

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Comcast Corp said it had received valid acceptances for shares representing just 0.21 percent of Sky Plc after its 14.75 pound per share offer to buy 61 percent of the European broadcaster. Comcast also said the offer period was being extended and would remain open for acceptances until Sept. 12.…

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Pure Broadcast Corp., a leading provider of mobile sports broadcast facilities, announced today that the company has successfully signed a long term contract to provide mobile HD sports broadcast services to the NBA's Utah Jazz over the next 5 years. Pure will dedicate two '53 foot multi-format, hi-definition units to…

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Sky said on Monday that it expected to pay its advisers between 90 million pounds and 97 million pounds ($123.7 million) if Twenty-First Century Fox (FOXA.O) succeeds with its takeover of the British broadcaster. The UK pay-television group will spend as much as 61.5 million pounds on financial and broking…

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xG Technology, Inc., whose brands are recognized as the global leaders in live video communications in the broadcast, military and government markets, announces that its IMT Vislink brand will be displaying new Advent satellite communication products at this year's International Broadcasting Convention (IBC) show (Stand 1.A69). IMT Vislink's Advent satellite…