Insurers moot lead underwriters in claim process
The insurance community is working on a new initiative to address the way it handles claims. Unlike the aerospace insurance...
News
Orbital Sciences buys GD satellite unit
Orbital Sciences Corporation has acquired the satellite business of General Dynamics in a cash deal worth US$55m. Houlihan Lokey advised...
Globecomm expands with dual acquisition
The US-based satellite services provider Globecomm has acquired two new businesses at a combined price of US$15m. It has bought...
Intelsat keeps options open for future refi opportunities
Intelsat reported impressive full year results that saw revenue grow 6% to US$2.5bn, and adjusted EBITDA rise by 7% to...
Bharti announces undersea cable launch
India's leading mobile operator Bharti Airtel has said that as part of a consortium of international operators it has launched...
Orascom Telecom takes Algerian tax office to court
Egypt's Orascom Telecom will take Algeria's tax office to court in an attempt to avoid paying DZD43.9bn (US$600m) in back...
Du bags infrastructure loan
The UAE's number two mobile operator Du has signed a E200m financing deal with Nordea Bank. Du will use the...
Zain fails to say how much shareholders will get from Bharti sale
Kuwait's Zain failed to say how much of the US$9bn it made from the sale of its 15 sub-Saharan African...
DT and FT close UK merger
Deutsche Telekom and France Telecom announced the completion of the deal to merge their UK subsidiaries, T-Mobile and Orange. The...
Telesat announce new satellite on back of Shaw deal
Canadian DTH provider Shaw Direct has signed an agreement to lease an entire payload comprising 16 Ku-band transponders on a...
