Jio launches 100 Gbps submarine cable connecting Asia, Africa and Europe
Not content with turning the Indian telecoms market upside down Reliance Jio has been a primary player in a new 100 Gbps submarine cable system.
Not content with turning the Indian telecoms market upside down Reliance Jio has been a primary player in a new 100 Gbps submarine cable system.
The results are in from the Altice IPO which has caused a stir recently, and they are some good ones; the team has raised roughly $1.9 billion through the sale of around 6.5% of shares.
The two biggest US cable operators have publicly vowed to hold each other’s hands when exploring future business opportunities in the wireless space.
Private equity fund TPG Capital has entered into a definitive agreement to acquire broadband providers RCN Telecommunications and Grande Communications for $2.25 billion.
Nokia has acquired US startup and cable access specialist Gainspeed in a bid to bolster its fibre access portfolio.
Multinational cable company Liberty Global has completed the $7.4 billion acquisition of Cable & Wireless Communications Plc, which gives it a strong presence in the Caribbean and Latin America.
The $55 billion merger of Charter and Time Warner Cable has been given the green light by the FCC, creating the second largest ISP in the US market. An additional $10 billion deal for Bright House Networks has also been approved.
Comcast’s NBCUniversal is buying DreamWorks Animation, in a deal valuing the toon studio around US$3.8 billion, reports TBI Vision.
Broadband connectivity and digital services in Africa are to get a boost from a 5,000km extension to its cable connectivity with Europe.
French telco conglomerate Altice has made a major strategic move into the US market with the acquisition of Cablevision for $17.7 billion to become the fourth largest US cable operator.
French telco Orange has announced it will be focusing on Africa and the Middle East for growth in the coming years and noted the connection of the Canary Islands to the ACE submarine cable.
Charter Communications, the fourth biggest cable company in the US, is expected to formally announce a $55 billion bid for larger rival Time Warner Cable, according to Bloomberg and corroborated by many others
Not content with snapping up SFR and Portugal Telecom in the past year, French telco Altice has announced the acquisition of 70% of US cable company Suddenlink.
The merger of US cable giants Comcast and Time Warner Cable has officially been abandoned following the companies’ failure to persuade US regulators to approve the move.
According to research by Ofcom, almost one in three (32%) broadband connections in the UK are superfast, up from approximately one in four in November 2013. The regulator said increasing take-up of superfast, 30Mbps or above, cable and fibre services has increased the country’s average broadband speed by a fifth in the last six months to 22.8Mbps.
Aussie telco giant Telstra has launched a new 100 gbps (100G Wavelength) service across a number of its long-haul submarine cables, citing the need to accommodate the growth of cloud-based data operators and more generally the need to keep up with exponentially growing data consumption.
Cable network operator Angola Cables has announced its intentions to build the world’s first submarine cable network to link South America and Africa, in partnership with infrastructure provider NEC.
A consortium of six companies has agreed to build and operate a new trans-Pacific cable system linking Japan with the US. It has an initial design capacity of 60Tb per second and is consequently called ‘FASTER’, despite not apparently being an acronym.
The potential merger between US cable firms Comcast and Time Warner Cable has been criticised by both video on demand service provider Netflix and the Writer’s Guild of America, East (WGAE).
Operator group Vodafone has had a €7.7bn bid for Kabel Deutschland approved by the German cable group’s board. The board will now recommend the firm’s shareholders accept the offer.
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