The UK is keen on establishing so-called Spaceports, whether in Scotland or the West of England. It has just signed a Treaty-level agreement with the US which allows use of US-built rockets from British locations. The UK’s Space Agency (UKSA) says that a US-UK Technology Safeguards Agreement (TSA) agreed in June potentially opens up activity […]
Elon Musk, flushed with the stock market success of his Tesla vehicle business, is seeking to raise more cash. This time the cash would go to SpaceX. This fund-raising would be the N-series and Musk, according to Bloomberg, wants at least $500 million and possibly $1 billion which would give his rocket-launching business a valuation […]
Vice Media Group has named Bea Hegedus as SVP, Global Head of Distribution. The newly created role will lead the company’s global distribution and licensing strategy with a focus on building new US domestic and international partnerships as the company looks to maximise the value of its IP around the world. Hegedus, who will report […]
Amdocs, a provider of software and services to communications and media companies, has entered into a definitive agreement to acquire Openet, a provider of 5G charging, policy and cloud technologies. The two combined companies will aim to bring Openet’s open and network-centric technologies to Amdocs’ 350+ service provider customers worldwide, helping them to succeed in […]
The recent launch of Virgin Telco throughout Spain seems to have had a positive impact on Euskaltel’s performance. In the first half of the year, the nation’s fifth-largest telco managed to increase both its profit and subscribers. Up to June 2020, the company made a profit of €35.5 million, up 55 per cent versus the […]
In the first three months of its fiscal year, Vodafone Spain managed to increase the number of its subscribers, but experienced a 6.9 per cent decrease in revenues per service to €920 million and a 8.2 per cent decline in total revenues to €994.1 million. As for subscribers, Vodafone managed to capture 57,000 new TV […]
Luxembourg has raised more than €41 million from the 4 bidders for the tiny nation’s 5G licences. Overall the new licence holders will pay €41.3 million for 15-year operational licenses in the 3.6 GHz band. Luxembourg’s three main existing operators secured most of the spectrum with Post and Orange each taking 110 MHz each while […]
The HbbTV Association, a global initiative dedicated to providing open standards for the delivery of advanced interactive TV services through broadcast and broadband networks for connected TV sets and set-top boxes, is pleased to announce the publication of a new version of the HbbTV Conformance Test Suite. The new version is called v2020-2; it is […]
UK senior civil servants have formally warned the government that its commitment to put $500 million into a joint venture with Bharti Global to buy bankrupt satellite operator OneWeb has a high risk of losing all the investment. OneWeb is currently totally unprofitable and it is likely to need considerable further investments for satellite building […]
Modern Times Group (MTG) CEO and President Jørgen Madsen Lindemann has informed the Board of Directors of his decision to leave the company and has submitted his letter of resignation. After 26 years of service, he has decided to step down to free up time to pursue other challenges and for the company to facilitate […]