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AT&T (NYSE:T) has completed its acquisition of pan-American DTH player DirecTV (NASDAQ:DTV) more than a year after the deal was first announced.
On 24 July, the FCC green-lit the US$48.5bn takeover with conditions following an in-depth regulatory review.
Singapore start-up SSII is partnering with German satellite maker OHB System to develop the world’s first Asia-based low Earth orbit internet constellation.
The two groups signed a design contract today at an event addressed by Lord Peter Mandelson, a former UK MP who is chairman of SSII’s (Singapore Space Intelligent Internet) advisory board.
Satellite/terrestrial LTE venture LightSquared and GPS device maker Trimble (NASDAQ:TRMB) have asked a US court to pause their litigation to help them seek a settlement.
Their request for a 45-day stay could prove to be a turning point in a long-running lawsuit over concerns that part of LightSquared’s spectrum interferes with GPS systems.
FCC chair Tom Wheeler has circulated a draft order to deny the US$3.3bn in designated entity discounts sought by affiliates of DTH giant Dish Network (NASDAQ: DISH) at the recent AWS-3 spectrum auction. A majority of commissioners must approve the order for it to go ahead.
According to the draft order, because Dish has a controlling interest in the affiliates - North Star Wireless and SNR Wireless – its own revenues must also be attributed to them. As such, the affiliates are not eligible to receive the 25% bidding credits.
French set-top box maker Technicolor (EPA:TCH) has bought Cisco’s (NASDAQ:CSCO) customer premises equipment business in a US$600m cash and stock deal.
The US communications technology group’s assets will double Technicolor’s ‘connected home’ revenues, giving it about 290 million STBs in total in more than 100 countries.
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