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.
Telecoms.com
cable
Altice USA IPO goes quite well – pockets a cool $1.9 billion
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.
Comcast and Charter announce wireless bromance
The two biggest US cable operators have publicly vowed to hold each other’s hands when exploring future business opportunities in the wireless space.
TPG goes on $2.25bn spending spree to create new US cable player
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 boosts fixed cable portfolio with Gainspeed acquisition
Nokia has acquired US startup and cable access specialist Gainspeed in a bid to bolster its fibre access portfolio.
Liberty Global completes $7.4 billion CWC acquisition
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.
Charter’s $55 billion Time Warner Cable capture approved
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 expands content arm with $3.8 billion DreamWorks acquisition
Comcast’s NBCUniversal is buying DreamWorks Animation, in a deal valuing the toon studio around US$3.8 billion, reports TBI Vision.
Alcatel-Lucent to build ACE undersea cable extension from Guinea to South Africa
Broadband connectivity and digital services in Africa are to get a boost from a 5,000km extension to its cable connectivity with Europe.
Altice cements US ambitions with $17.7 bn Cablevision acquisition
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.
Orange shares African ambitions
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 set to buy Time Warner Cable for $55 billion
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
Altice acquisition spree continues with US cable player Suddenlink
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.
Comcast confirms termination of Time Warner Cable merger
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.
Almost one in three UK broadband connections superfast – Ofcom
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.
Telstra unveils 100G Wavelength service on submarine cables
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.
Submarine cable to connect Africa with the Americas
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.
China Mobile, KDDI and Google among $300m Pacific cable consortium
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.
Comcast-Time Warner merger faces opposition
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).
Vodafone’s €7.7bn Kabel Deutschland bid accepted
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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