Monthly Archives: November 2023

Satellite communication heavyweight Viasat has communicated its strategy to trim down its workforce by around 10%, implying the dismissal of approximately 800 roles. This step follows Viasat’s acquisition by Inmarsat, setting the company back by a staggering $6.2 billion, initiating a large-scale reorganization poised to optimize its operations. Viasat envisions robust financial outcomes from this…

With another crucial move in the telecommunications sector, Virgin Media O2 has announced its decision to sell a part of its Cornerstone UK towers business to GLIL Infrastructure, an investment firm, for a whopping price of £360 million. This narrative surfaced only a few days after rumours about the same began to buzz and shortly…

The Federal Communications Commission (FCC) has recently expressed its intent to launch a comprehensive evaluation of the current state of broadband throughout the United States. The evaluation falls under the mandate of section 706 of the Telecommunications Act of 1996. One of the main focal points of the inquiry is to examine if the universal…