US telcos are steadily losing broadband market share as consumers continue to opt for services provided by cable operators, a trend that has prevailed over the past eight quarters. Furthermore, overall broadband growth has stagnated amid a preference for lower-cost cord-cutting options, available in a growing number of over-the-top (OTT) services. Against this backdrop, the US Federal Communications Commission is looking to...

Satellite Solutions Worldwide is hunting for more bolt-on acquisitions this year as the high pace of satcoms consolidation continues against the backdrop of potential changes in EuroBroadband, the Europe joint venture between Eutelsat and ViaSat. With the recent acquisitions, Satellite Solutions Worldwide has deepened its ties to Eutelsat and ViaSat in case…

T-Mobile US has brought on 10 new lenders for its US$26.5bn all-stock acquisition of Sprint, as the continued investor selloff signals low confidence in the deal. The proposed tie-up of the third- and fourth-largest US carriers has also received a tepid response from the prepaid segment of the market, with the founder of Boost Mobile calling for...

Mudrick Capital Management is likely seeking facts to support a breach-of-fiduciary-duty claim against Globalstar, a business lawsuit expert said, as shareholder litigation has mixed trends. Mudrick seeks as part of its suit the right to…

Tele2 and Telia plan to phase out their 3G services in Sweden, as telcos worldwide look to build networks with the capacity to handle data traffic that is increasing exponentially. The move to scrap legacy networks highlights one avenue operators are pursuing to optimise their spectrum hoards. Another strategy telco players are exploring is...

Telesat and Global Eagle Entertainment are joining up to optimise the Canadian satellite operator’s upcoming LEO constellation and test the US inflight connectivity provider’s new Ka-band antenna, as aviation searches for new technologies to meet rising demand for data. Recently installed Global Eagle CEO Josh Marks noted that airlines are looking at…

The promotion of Vodafone’s CFO Nick Read to succeed Vittorio Colao as group CEO comes ahead of a potentially colossal regulatory battle, as the UK telecoms giant seeks approval for its €18.4bn (US$21.8bn) acquisition of certain Liberty Global European cable assets. German incumbent Deutsche Telekom has vowed to fight Vodafone’s proposed purchase of Liberty Global's operations in Germany, the Czech Republic, Hungary and Romania. Vodafone’s new CEO will need to...

Zayo Group unveiled a US$500m buyback on the heels of posting mixed quarterly results, as the infrastructure player establishes itself as the most scaled independent fibre network in North America. Despite posting record bookings of US$9.5m in its most recent quarter, Zayo’s shares have fallen almost 8% this year. Some of the stock movement may be attributed to the unexpected departure of COO Andrew Crouch. The company said Crouch’s resignation was not related to his or the company’s performance. Zayo has “multiple paths to value creation”, including...