GCI strikes satellite deal with Intelsat to expand capacity for rural areas
Key Signals in Telecommunications
Centre Setup and Expansion Ziply Fiber raises funds for network expansion in the Northwest Kirkland-based Ziply Fiber has raised another USD 450 Mn to support its fiber network expansion in the Northwest. The new funds will enable the company to expand its edge-out strategy and deliver on its mission of elevating people’s connected lives. Read More>> NTT announces plans for sixth Malaysian data center The IT infrastructure and services company has announced the expansion of its hyperscaler footprint in Malaysia with its sixth data center facility. NTT further plans on investing over USD 50 Mn for the new data center, known as Cyberjaya 6 (CBJ6). The facility will cater to hyperscalers and high-end enterprises. Read More>>Deals Intelsat wins USD 150 Mn Alaskan contract The new deal will provide Alaskan service provider GCI with continued access to C-band and Ku-band capacity, which is already part of GCI’s satellite service portfolio. In addition, Intelast will also offer new access to statewide Ka-band capacity. Read More>> Dualog Nordic and Viasat Inc. sign agreement to deliver high-speed KA service to Sea Cloud Cruises With Viasat technology on board, Sea Cloud Cruises can offer international passengers better connectivity and speeds to stream playoff game highlights or share videos of their travels with friends and family. Read More>> Bluechip signs up wireless networking vendor Allied Telesis The company has signed a distribution agreement with Japan-founded wireless networking vendor Allied Telesis for the Australian market. The deal will see Bluechip distribute Allieds full range of switches, access points, firewalls, and routers, plus security and management software. Read More>>Mergers and Acquisitions Lumen Technologies closes the sale of its Latin American operations to Cirion Lumen and Cirion have established a strategic relationship to serve customers in the region. It includes reciprocal reselling and network arrangements that leverage each other’s extensive fiber footprints, data centers, and other network assets. Read More>> NTT DATA acquires an interest in the Natuvion Group By acquiring a majority stake in Natuvion, NTT DATA is further strengthening its leading market position in the area of cloud migration globally. The two companies have already been collaborating as partners for several years. Read More>>Executive Movement Altice USA hires Comcast Exec Dennis Mathew as CEO Mathew joins Altice USA from Comcast where for 17 years he held senior corporate executive positions, with a focus on residential and commercial businesses. The CEO shuffle also comes after the cable giant confirmed it had put its telecom Suddenlink assets up for sale after fielding interest from several buyers. Read More>> OneWeb Technologies appoints new CEO OneWeb Technologies has named Kevin Steen as the new Chief Executive Officer. In addition, Steen will join the board as a director of the company. He will work closely with the Board of Directors and the outgoing CEO to ensure a seamless transition. Read More>>
Latest Industry Insights from Draup Braindesk
Verizon is keen on expanding 5G networks that help to provide fast and high-capacity connectivity to customers and new opportunities to automate processes across enterprises.
Verizon focuses on a private edge compute solution that harnesses 5G to provide enterprises with lower lag time and high bandwidth needed for demanding applications, such as Augmented & Virtual Reality and Machine Learning.
Verizon intends to upgrade 100 MHz of C-band spectrum in several areas. Customers with 5G cellphones will benefit from this, enabling more places to provide game-changing home internet speeds and entertainment to more families across the country.
Greater New York City Area, United States, serves as Verizon’s critical location, focusing on IT Consulting Application Development & Maintenance-related engagements.
Product Engineering Services, the highly outsourced segment, holds approximately 68% of the total outsourcing headcount. Cognizant is the critical strategic outsourcing partner for Verizon.
Key Funding Alert
Telecom conglomerate United Group to invest USD 2 Bn in Greece
About: The company announced that it would put 2 Bn Euros (USD 2 Bn) in investments into projects in Greece to upgrade the country’s telecoms infrastructure. The company, whose majority is owned by private equity firm BC Partners, will install a 10-gigabit fiber optics network to service 4.5 million customers. Read More>>
Startup Spotlight
Company – NuRAN Wireless Total Funding – USD 24 Mn About: NuRAN Wireless Inc. offers specialized systems for indoor coverage and rural connectivity in emerging markets, as well as connectivity to offshore platforms and ships, private mobile networks, or custom solutions. NuRAN Wireless caters to mobile network operators and Internet service providers. Read More>>
Latest Reports Published in Draup
Sirius XM Holdings, Inc. Account Intelligence Report
SiriusXM is keen on streamlining live professional sporting events, sports talk channels, news from around the country & the world, entertainment, and comics. The company intends to broadcast national audio coverage and offer subscribers access to live 24/7 news, talk, and analysis on the radio network channel. Read More>>
Juniper Networks, Inc. Account Intelligence Report
Juniper Networks focuses on cloud infrastructure to improve functioning efficiency for online transactions and security. By launching cybersecurity functions, Juniper Networks protects its data from digital attacks using the cloud technique. Read More>>
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