Satellite telecom firms OneWeb and Intelsat announced plans Tuesday to merge, and a fresh $1.7 billion investment from Japan’s SoftBank to advance an ambitious “internet in the sky” plan. The deal aims “to create a financially stronger company with the flexibility to aggressively pursue new growth opportunities resulting from the explosion in demand for broadband … Read more
President-elect Donald Trump is claiming another victory: Sprint will bring back 5,000 jobs to the U. S. “They’re taking them from other countries. They’re bringing them back to the United States,” Trump said Wednesday outside one of his Florida resorts. “A nice change.” Sprint confirmed the news in a statement saying it would “create or … Read more
Private rocket firm SpaceX has applied for government permission to launch satellites that will provide global broadband internet access. In a filing to the US Federal Communications Commission (FFC), it laid out details about its plans for a 4,425-strong satellite network. It is one of several companies aiming to deploy satellite-based internet services over the … Read more