World View closes US$15m series B for Stratollite solution
High-altitude balloon launch provider World View has raised US$15m from five investment firms to advance its stratospheric satellite solution Stratollite. Canaan Partners led the ...
Month: April 2016
UK newspace tied down by ESA funding regimes – Oxford Space Systems CEO
British space startups are being held back by “old space” ESA funding regimes that are more suited to larger and ...
SES agrees to take control of US$2.6bn O3b Networks
SES has agreed to take control of O3b Networks after the MEO venture met the financial and operational targets that had been set ...
Special Report: Satellite life extension services raise liability questions
Ventures building businesses out of extending the life of in-orbit GEO communications and broadcast satellites pose interesting challenges for the insurance industry. Ventures building businesses out of extending the life of in-orbit GEO communications and broadcast satellites pose interesting challenges ...
Allied Fiber units file for Chapter 11, pursue sale
US dark fibre provider Allied Fiber’s Southeast subsidiaries have filed for Chapter 11 bankruptcy protection in an effort to “stop ...
Citic to acquire Linx Telecom assets to expand in Asia and Europe
Chinese ICT provider Citic Telecom International CPC has agreed to buy the telecoms business of Amsterdam-based Linx Telecommunications for an ...
Megafon in Rbs10bn bond offering
Russian telco Megafon (MCX:MFON) has launched a Rbs10bn (US$155.6m) bond offering, with proceeds to be used for general corporate purposes, ...
Comcast buys DreamWorks for US$3.8bn to expand in film, TV and theme parks
US cable giant Comcast’s NBCUniversal unit has agreed to buy DreamWorks Animation for some US$3.8bn in a deal which should cement its ...
Masmovil buys rival Pepephone for €158m
Spanish MVNO Masmovil has agreed to buy 100% of local virtual operator Pepephone for €158m (US$179m). Masmovil will fund half of the acquisition with debt ...
TIM names Vivendi CEO Arnaud de Puyfontaine as its deputy chair
The board of incumbent Telecom Italia (TIM) has appointed Arnaud de Puyfontaine, the CEO of parent company Vivendi, as its deputy chair. Over the past ...
