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 Automotive Industry.

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Lumos Networks Corp. (“Lumos Networks”) a leading fiber-based service provider in the Mid-Atlantic region, announced today that it has entered into a definitive agreement (the “agreement”) to be acquired by the EQT Infrastructure investment strategy (“EQT Infrastructure”), for $18.00 per share, resulting in an enterprise value of approximately $950 million.…

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SES S.A. (Euronext Paris:SESG) announced today that TRT World is expanding its global distribution with global media solutions provider Globecast on the SES fleet. The international Turkish news platform, TRT World, started broadcasting in January from ASTRA 19.2 degrees East, ASTRA 28.2 degrees East, and SES-5 at 5 degrees East.…

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Satellite communications company Hughes India is willing to invest up to $500 million in India to set up satellite systems that could help in areas such as education and healthcare by reducing the cost of high-speed broadband Internet connectivity. "The market for sat com (satellite communications) is the one that…

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Aviat Networks, Inc., the leading expert in microwave networking solutions, today announced a new platform of radios called WTM 4000. With up to 2.5 Gbps uncompressed throughput per radio transceiver, the highest capacity ever delivered in a microwave radio, WTM 4000 offers a breakthrough in microwave backhaul performance for wireless…

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AT&T1 is boosting its mobile network to help customers have a great wireless experience in New Orleans for Mardi Gras. We deployed 4 Cell on Wheels (COWs) and updated our Distributed Antenna System (DAS) to support the French Quarter. These upgrades will help with the expected wireless network traffic from…

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Coriant, a global supplier of SDN-enabled end-to-end packet optical and DCI solutions, today introduced a new open optical line solution purpose-built for long haul Data Center Interconnect (DCI) applications. Optimized for ease of deployment with open DCI transponder solutions such as the Coriant Groove™ G30 Platform, the Coriant® 7300 Open…

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BCE Inc. (Bell) and Manitoba Telecom Services Inc. today welcomed approval by Innovation, Science and Economic Development Canada (ISED) and the Competition Bureau of Bell's $3.9 billion acquisition of MTS. Bell has now obtained all regulatory approvals required to complete the transaction and launch Bell MTS on March 17, 2017.…

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Communications services provider BT on Wednesday said that it partnered with cyber security company Symantec to offer BT customers enhanced network security and hybrid cloud infrastructure. Two new Symantec products will support the existing Symantec Blue Coat Proxy SG service to complement BT’s Managed Web Security portfolio which includes Symantec…

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Juniper Networks said that it has entered into technology alliance partnerships with Carbon Black, Netskope, CipherCloud, ForeScout and Aruba, a Hewlett Packard Enterprise company. These partners will integrate their technologies with Juniper’s Software-Defined Secure Networks (SDSN) platform, allowing customers to create cohesive security infrastructures with easily managed and deployed best-in-class…

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EVS Broadcast Equipment, the leading provider of live video production systems, today announces it has recently signed a major contract related to a large upcoming sporting event. The deal covers equipment for the live and near-live production infrastructure of the event and will include video production servers, live replays, slow-mo…