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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Congruex, a national end-to-end provider of design, engineering, construction management and maintenance services to broadband service providers, today announced the acquisition of White Construction Co., Inc. ("White" or "White Construction"). Financial terms of the transaction were not disclosed. Founded in 1995 in Beaver Dam, Wisconsin, White Construction is a telecom-focused…

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Walt Disney Co (DIS.N) on Monday received unconditional approval from China for its deal to buy Twenty-First Century Fox’s (FOXA.O) entertainment assets, clearing one of the last major hurdles for the deal to go through. Disney agreed to purchase Fox’s film and television assets for $71.3 billion and received approval…

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T-Mobile US Inc’s TMUS.N Chief Financial Officer said there is a possibility that its $26 billion acquisition deal of Sprint Corp (S.N) will close as early as the first quarter of 2019. T-Mobile, majority owned by Deutsche Telekom AG (DTEGn.DE), agreed in April to buy wireless carrier Sprint and the…

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The U.S. Federal Communications Commission voted unanimously on Thursday to allow Tesla Inc (TSLA.O) Chief Executive Elon Musk’s Space X, Telesat Canada  and two other companies to roll out new satellite-based broadband services. The FCC voted to grant “market access” requests to Telesat, Kepler Communications Inc and LeoSat MA, Inc…

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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…