Millicom International Cellular and Bharti Airtel have, through their respective subsidiaries, entered into an agreement for Tigo Ghana and Airtel Ghana to combine their operations in Ghana. As per the agreement, Millicom and Airtel would have equal ownership and governance rights in the combined entity. The combined business would serve nearly 10 million customers, of […]
The post-announcement comments of the SoftBank-engineered merger between Intelsat and OneWeb are coming in, and they are not all favourable. For example, Sami Kassab, an equity analyst at investment bank Exane/BNP-Paribas, while praising Intelsat’s results said there are still major risks to the deal, not least Intelsat’s existing bondholders agreeing to a severe financial haircut […]
Beleaguered satellite operator Avanti Communications saw a 10 per cent fall in its share price on February 28th, down to an all-time historic ‘low’ of 16.6p on the London Stock Exchanges ‘Alternate’ bourse. At one point the price hit 16.25p. February 28th also saw London-based Avanti issue its latest results for the half-year to December […]
Japan’s telco giant SoftBank is the catalyst in bringing together old-established Intelsat and embryonic satellite operator OneWeb, into a merger. In essence, the agreement sees SoftBank inject $1.7 billion (€1.6bn) of new equity into debt-heavy Intelsat. At the end of 2016, SoftBank invested $1 billion into Jersey, Channel Islands-based OneWeb. Intelsat was already a minor investor […]
At Mobile World Congress, the GSMA published a report outlining the mobile industry’s collective vision and expectations for the 5G era. The new study, ‘The 5G Era: Age of Boundless Connectivity and Intelligent Automation’, is based on an extensive survey of
Jersey, Channel Islands-based OneWeb, which is planning to girdle the Earth with a massive fleet of 648 satellites in order to supply broadband services, says it is considering adding another 1,972 satellites to its super-constellation. Company founder Greg Wyler, speaking at the Royal Aeronautical Society in London last week and according to trade mag Space […]
Viavi Solutions has released industry data on the state of 5G trials globally. Despite 5G standards not being expected until 2020, 25 mobile operators have already announced that they are lab testing “5G”. Among those, 12 report having progressed to field testing. An additional four operators have announced their plans for 5G trials. Five operators […]
Jersey, Channel Islands-based OneWeb is building a new satellite constellation of 720 spacecraft to orbit at 1200 kms, and girdle the Earth supplying high-capacity broadband around the planet. Japan’s SoftBank is investing $1.2 billion in the $3.5 billion project, and the first batch of 10 satellites are under construction in Toulouse, France, by Airbus. SoftBank’s […]
Ericsson has introduced a 5G platform for the needs of the first movers in 5G. Communications are moving toward data-heavy applications like Virtual Reality and Augmented Reality everywhere. In light of that, Ericsson claims it is now first to market with solutions to enable today’s networks to evolve smoothly to the next generation of networks. […]
Qantas customers on WiFi enabled domestic flights will be able to watch their favourite shows, avoid missing out on live sport and listen to almost any song they like, with Foxtel, Netflix and Spotify coming on board to provide content in 2017. With speeds up to 10 times faster than conventional inflight WiFi, Qantas will […]