NEWS

For our visitors who seek the latest industry news and updates to keep up with the goings-on of the business on a global scale, this portal grants a dynamic and diverse feed of news items contemporaneous with the current affairs of the Broadcast Industry.

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Spacecom, operator of the AMOS satellite fleet, and Botswana Telecommunications Corporation (BTC) today announced an agreement whereby AMOS-7 is supplying satellite services to BTC’s VSAT (Very Small Aperture Terminal) network throughout all of Botswana. Spacecom is providing BTC with highest efficiency satellite capacity alongside migrating the existing network towards next…

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Cable One, Inc. today announced it has entered into a definitive agreement to acquire Clearwave Communications (“Clearwave”), a facilities-based service provider that owns and operates a high-capacity fiber network offering dense regional coverage in Southern Illinois. The acquisition provides Cable ONE with a premier fiber network within its existing footprint…

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NGCodec, a pioneer in cloud video processing, and Twitch, the leading service and community for multiplayer entertainment, will deploy VP9 encoding to deliver high quality live streams at 25% of the bandwidth of H.264/AVC. Twitch has licensed NGCodec's encoding solution to produce a high compression-efficiency video on the royalty-free VP9…

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U.S. telecom equipment maker CommScope Holding (COMM.O) said on Thursday it would buy set-top box maker Arris International Plc (ARRS.O) in a $7.4 billion deal to bulk up its business ahead of the global roll-out of 5G. The offer price of $31.75 per share represents a premium of 14 percent…

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Finnish mobile telecom network maker Nokia announced on Wednesday that it had signed frame deals with China Mobile, China Telecom and China Unicom worth more than 2 billion euros ($2.3 billion). The deals includes deliveries of 4G radio and fixed access equipment, IP routing and optical transport equipment and other…

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Gilat Satellite Networks Ltd., a worldwide leader in satellite networking technology, solutions and services, announced today that SKY Perfect JSAT Corporation (JSAT) awarded Gilat a multi-million US dollar project for its new mobility and fixed broadband service in Japan. The new set of services enabled by Gilat will support JSAT's…

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The country's big three carriers lost $30 bln in market value after NTT Docomo said it would cut prices. Scant details suggest the selloff may be overdone. With new rival Rakuten rolling out soon and a SoftBank IPO approaching, anxious investors are now bracing for the worst. Shares of NTT…

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Twenty-First Century Fox Inc Executive Chairman Lachlan Murdoch said Thursday it is still an “open question” whether the company will buy back the regional sports networks it sold to entertainment company Walt Disney Co in July as part of a $71 billion deal. Speaking at the New York Times Co’s…

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Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, today announced the launch of HughesNet® high-speed satellite Internet service in Peru. Operating over the Hughes 63 West High-Throughput Satellite (HTS) payload, HughesNet coverage reaches 97% of Peru's population, bringing the many benefits of affordable broadband…

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Saga Communications, Inc announced today that it has entered into an agreement to purchase the assets of WOGK(FM), WNDT(FM), WNDD(FM), and WNDN(FM), from Ocala Broadcasting Corporation, LLC.  All the stations serve the Gainesville-Ocala, Florida radio market. Ed Christian, President and Chief Executive Officer of Saga Communications, said, "A number of…