Covid-19 severely disrupted football at all levels in 2020, with the cancellation or postponement of leagues and FIFA’s football tournaments around the world. Despite the impact of the pandemic on the international match calendar and global economy, FIFA says that its revenue in 2020 exceeded its revised budget. In addition, preparations for its flagship tournament, […]
More than one million hard to reach homes and businesses in the UK will have next generation gigabit broadband built to them in the first phase of a £5 billion (€5.84bn) government infrastructure project. Up to 510,000 homes and businesses in Cambridgeshire, Cornwall, Cumbria, Dorset, Durham, Essex, Northumberland, South Tyneside and Tees Valley will be […]
A hearing on March 17th before Judge Keith Phillips at his Intelsat bankruptcy court decided to deny certain stockholders any official voice in the upcoming Intelsat financial restructuring. The ad hoc group also wanted the court to determine which of the dozens of Intelsat businesses should receive the FCC’s C-band incentive payments. The group of […]
Australia-headquartered speciality satellite services business Speedcast formally exited its Chapter 11 bankruptcy last week, helped by a significant injection of cash by new private equity owners Centrebridge Partners. It filed for bankruptcy in April 2020 with some $689 million (€579m) in debt. Speedcast says it is now well-placed for its restructured future. Centrebridge invested some […]
The Federal Communications Commission is making valuable mid-band spectrum in the 3.45-3.55 GHz band available for auction to facilitate 5G deployment across the contiguous United States. The Consolidated Appropriations Act of 2020 required the Commission to commence a system of competitive bidding for licences in the 3.45-3.55 GHz band by the end of 2021. The […]
Analysts at Berenberg Bank have compared and contrasted Europe’s two satellite giants SES and Eutelsat in a detailed report. SES has a balance sheet that is in good shape says Berenberg but, despite its larger size, will generate much less cash flow than Eutelsat in 2021 and 2022, and, given uncertainty about the long-term future […]
Renowned US talk show host, Ellen DeGeneres, has joined Discovery where she will collaborate on a slate of content. Exclusive to Discovery in the natural history space, DeGeneres will develop and produce a variety of specials, series, and documentaries. The line-up will highlight the wonders of the natural world and the wildlife that inhabits it […]
UK comms regulator Ofcom has announced the outcome of the principal stage of its auction to release more airwaves to improve mobile services and support 5G. A total of 200 MHz of spectrum was available to bid for in the auction, split across two bands: 80 MHz of spectrum in the 700 MHz band. These airwaves […]
Trade body the Audiovisual Anti-Piracy Alliance (AAPA) has confirmed the reappointment of Mark Mulready, VP Cyber Services at Irdeto, and Phillip Davies, Director of Anti-Piracy Partnerships at Sky Group, to serve as Co-Presidents for a further two-year term. The Co-Presidents, supported by the Executive Vice President, Sheila Cassells, are responsible for implementing the strategy agreed […]
India’s Space Research organisation (ISRO) has declared it will now focus on research and development. The move means ISRO will offload most of its space-related activities. ISRO chairman Kailasavadivoo Sivan says that the decision will open up the company and the sector to more privately-funded participation in the space sector. “The future of space activities […]