Rocket Lab agrees Iridium acquisition for USD 8 billion
Rocket Lab announced an agreement to acquire Iridium Communications for USD 8.0 billion including debt. The move creates a new vertically integrated challenger to SpaceX, bringing together Rocket Lab's satellite launch and manufacturing capabilities with Iridium's global satellite network, spectrum and services. Rocket Lab said it plans to build on the Iridium platform to expand into new market segments.
Rocket Lab agrees Iridium acquisition for USD 8 billion
Rocket Lab announced an agreement to acquire Iridium Communications for USD 8.0 billion including debt. The move creates a new vertically integrated challenger to SpaceX, bringing together Rocket Lab's satellite launch and manufacturing capabilities with Iridium's global satellite network, spectrum and services. Rocket Lab said it plans to build on the Iridium platform to expand into new market segments.
Comcast to split into media and telecom companies
Comcast announced a plan to split into two companies, separating its connectivity and media businesses. The telecom business will continue under the name Comcast, with former CFO Michael Angelakis returning as CEO, while the broadcast and media business is spun off to shareholders as NBCUniversal, led by current CEO Mike Cavanagh.
Comcast to split into media and telecom companies
Comcast announced a plan to split into two companies, separating its connectivity and media businesses. The telecom business will continue under the name Comcast, with former CFO Michael Angelakis returning as CEO, while the broadcast and media business is spun off to shareholders as NBCUniversal, led by current CEO Mike Cavanagh.
South Korea targets over 18GW of data centre capacity under AI mega-project
South Korea has unveiled a national AI infrastructure strategy targeting 18.4 GW of AI data centre capacity by 2035 as part of three flagship "mega-projects" spanning semiconductors, AI infrastructure and physical AI. President Lee Jae Myung presented the plans alongside Samsung Electronics executive chairman Lee Jae-yong and SK Group chairman Chey Tae-won at a national briefing at Cheong Wa Dae in Seoul, describing semiconductors, AI data centres and physical AI as the three pillars of the country's next p
South Korea targets over 18GW of data centre capacity under AI mega-project
BT, Verizon to merge multinational businesses in 50-50 joint venture
BT Group and Verizon Communications have agreed to form a 50-50 joint venture to serve international business customers. The alliance of the UK and US operators will start with over 3,000 multinational customers across more than 180 countries, representing some USD 4 billion in annual revenue. Together the companies expect to save on costs and reach a wider customer base with a more comprehensive service offering.
BT, Verizon to merge multinational businesses in 50-50 joint venture
Digi files for IPO in Spain with expected EUR 1.7 bln valuation
Digi has confirmed plans to seek a stock market listing for its Spanish business. The company plans to raise EUR 150 million in the sale of new shares in Madrid in order to fund the further growth of the Spanish activities, as well as sell some of the Romanian parent company's existing shares in the Spanish business in a secondary offering. The Spanish institutional investor Global Portfolio Investments has agreed to take EUR 100 million of the shares, based on an expected equity value for Digi Spain of up
Digi files for IPO in Spain with expected EUR 1.7 bln valuation
Australia proposes stronger enforcement and higher penalties for under-16 social media ban
The Australian government has announced plans to strengthen the enforcement powers of the eSafety Commissioner and double the maximum penalties for breaches of the country's social media minimum age legislation. Under proposed legislation, the eSafety Commissioner will receive expanded information-gathering powers, enabling the regulator to compel social media companies to provide evidence of the measures they have implemented to prevent users under the age of 16 from creating accounts.
Australia proposes stronger enforcement and higher penalties for under-16 social media ban
Starlink growth signals new phase for New Zealand telecoms market - regulator
New Zealand's telecommunications market is entering a new phase of competition as satellite services, mobile virtual network operators (MVNOs) and new service models reshape consumer choice, according to the Commerce Commission's latest Annual Telecommunications Monitoring Report. The regulator said New Zealand consumers continue to benefit from extensive fibre and mobile coverage, with prices that generally compare well internationally. While most headline market indicators remained stable over the past ye
Starlink growth signals new phase for New Zealand telecoms market - regulator
South Korea to increase spectrum fee relief for MVNOs
South Korea's ministry of science and ICT will increase spectrum fee discounts for small mobile virtual network operators (MVNOs) from 50 percent to 90 percent and extend the measure for a further three years as part of a government package aimed at reducing household living costs. The ministry said the measure forms part of a joint government plan to ease the financial burden on households. The higher discount will replace the current 50 percent reduction, which had been due to expire next year. The minist
South Korea to increase spectrum fee relief for MVNOs
Bouygues Telecom targets families with 'no hassle' ad campaign
French operator Bouygues Telecom announced the launch of a new multi-channel advertising campaign developed by its agency partner BETC. The key brand message is that Bouygues provides a "no hassle" experience in customers' daily lives, with the communication targeted particularly at parents with children. As part of the campaign's media coverage, three commercials will promote the operator's Kids Watch bundle and recently launched parental control service, as well as the advantages of the B.iG multi-play in
Bouygues Telecom targets families with 'no hassle' ad campaign
Brazil expands safe phones plan with messaging campaign
The Brazilian Federal Government has launched a new phase of its 'Celular Seguro' (Safe Mobile Phone) programme, targeting areas with high rates of mobile phone theft and robbery. People in these regions have started receiving messages advising them to register trusted contacts for emergencies and to check a phone's IMEI before purchase to ensure it's not stolen. The messages also inform users about reporting stolen or lost phones to the National Bank of Mobile Phones with Restriction (BNCR).
Brazil expands safe phones plan with messaging campaign
Vodafone Spain to boost 5G coverage for vacation season
Vodafone Spain announced plans to reinforce its 5G network ahead of the summer vacation season. The company said data coverage will be increased at 700 inland sites and 3,200 coastal locations, serving more than 1,500 beaches.
