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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Pennsylvania’s Public Utility Commission on Thursday approved T-Mobile US Inc’s $26 billion purchase of rival Sprint Corp, bringing the megamerger one step closer to completion. The commission voted 3-2 to approve the deal, it said in a statement. The companies are still awaiting approval from the Justice Department’s Antitrust Division…

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Comtech Telecommunications Corp. announced today that during its third quarter of fiscal 2019, its Command & Control Technologies group, which is part of Comtech’s Government Solutions segment, received a $3.5 million follow-on, satellite service order from a major national security solutions provider. “This follow-on order demonstrates the continued importance of…

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Telecom Italia (TIM) should seek a way to keep control of its fixed-line network if it is merged with smaller infrastructure provider Open Fiber, the former phone monopoly’s chief executive said on Tuesday. Italy has been pushing for the creation of a single ultrafast broadband operator through a merger of…

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T-Mobile US Inc’s $26 billion acquisition of rival Sprint Corp appeared to win the support of a majority of the Federal Communications Commission on Monday, in a significant step toward the deal’s approval. FCC Chairman Ajit Pai, a Republican, came out in favor of the combination after the companies offered…

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Industry body COAI Wednesday said it favours minimum broadband speed of up to 2 Mbps (megabits per second) for 4G networks. Currently, the minimum broadband speed is 512 Kbps. Asked if the association was in favour of minimum broadband speed being prescribed at 2 Mbps, especially given the proliferation of…

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Vodafone Group Plc said on Monday that it had agreed to sell its New Zealand business for about 2.1 billion euros ($2.36 billion) to a consortium comprising of New Zealand-based Infratil Ltd and Canada's Brookfield Asset Management. Vodafone is looking to consolidate its businesses in Australia and New Zealand, with…

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Cellnex is still looking to buy assets, its chief executive said on Thursday, two days after the Spanish towers group splashed out 2.7 billion euros ($3.02 billion) on 10,700 mobile towers owned by French tycoon Xavier Niel. Cellnex made good this week on a pledge to step up the pace…

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Sinclair Broadcast Group Inc, the largest U.S. broadcast station owner, has reached a deal valued at more than $10 billion to buy 21 regional sports networks from Walt Disney Co, the Wall Street Journal reported on Thursday. The deal, which would include sports channels in Los Angeles and Detroit, is…

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FirstLight, a leading provider of fiber-optic data, Internet, data center, cloud, and voice services to enterprise and carrier customers throughout the Northeast,  announced today new fiber builds and product introductions throughout the state of Maine. FirstLight has consistently undertaken projects to expand and enhance its fiber footprint throughout Maine to…

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Subex, a leading telecom solution provider, announced that it has been awarded a six-year deal with VodafoneZiggo, an integrated communications and entertainment services provider, to deploy its ROC Partner Settlement and Route Optimization Solutions. The solution will be deployed on a SaaS-based model for VodafoneZiggo's new Interconnect Billing Platform, replacing…