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Amazon to acquire Globalstar in $11.57 billion satellite internet deal

Amazon has entered into a definitive agreement to acquire Globalstar in a deal valued at $11.57 billion, marking a significant expansion of its satellite internet strategy as it seeks to compete with SpaceX’s Starlink network. The companies formally signed the agreement on Monday, April 13, 2026, with the transaction publicly announced on Tuesday, April 14, 2026. The acquisition represents a major step in Amazon’s broader push into low Earth orbit connectivity under its Amazon Leo

Business

14 Apr 2026 10:54 AM 115 views

Amazon to acquire Globalstar in $11.57 billion satellite internet deal

Amazon has entered into a definitive agreement to acquire Globalstar in a deal valued at $11.57 billion, marking a significant expansion of its satellite internet strategy as it seeks to compete with SpaceX’s Starlink network. The companies formally signed the agreement on Monday, April 13, 2026, with the transaction publicly announced on Tuesday, April 14, 2026. The acquisition represents a major step in Amazon’s broader push into low Earth orbit connectivity under its Amazon Leo

Business

Syria and Saudi Arabia sign major investment deals to boost reconstruction

Syria and Saudi Arabia have signed a series of major economic and infrastructure agreements aimed at accelerating Syria’s post-war reconstruction and strengthening bilateral ties, marking one of the most significant rounds of cooperation between the two countries in recent years. Officials said the deals span aviation, telecommunications, energy, and development projects, with billions of dollars expected to flow into key sectors of the Syrian economy. The agreements include the l

Global Conflicts

07 Feb 2026 13:18 PM 378 views

Syria and Saudi Arabia sign major investment deals to boost reconstruction

Syria and Saudi Arabia have signed a series of major economic and infrastructure agreements aimed at accelerating Syria’s post-war reconstruction and strengthening bilateral ties, marking one of the most significant rounds of cooperation between the two countries in recent years. Officials said the deals span aviation, telecommunications, energy, and development projects, with billions of dollars expected to flow into key sectors of the Syrian economy. The agreements include the l

Global Conflicts

Verizon wireless outage disrupts voice and data services for customers nationwide

Verizon acknowledged a widespread disruption to its wireless network on Tuesday after customers across the United States reported problems with voice and data services. The company confirmed that its engineering teams are actively working to identify the cause of the outage and restore full service as quickly as possible. In a statement shared on social media, Verizon said it was aware of issues affecting some customers’ ability to place calls and access mobile data. The company e

Internet & Technology

14 Jan 2026 14:07 PM 307 views

Verizon wireless outage disrupts voice and data services for customers nationwide

Verizon acknowledged a widespread disruption to its wireless network on Tuesday after customers across the United States reported problems with voice and data services. The company confirmed that its engineering teams are actively working to identify the cause of the outage and restore full service as quickly as possible. In a statement shared on social media, Verizon said it was aware of issues affecting some customers’ ability to place calls and access mobile data. The company e

Internet & Technology

Indian-origin CEO Bankim Brahmbhatt accused in $500 million US financial fraud

Indian-origin telecom executive Bankim Brahmbhatt, once celebrated as one of the top 100 global leaders in telecommunications, is now at the center of a massive $500 million financial fraud case in the United States. Brahmbhatt, the Gujarat-born CEO of US-based telecom companies Broadband Telecom and Bridgevoice under the Bankai Group, is being sued by HPS Investment Partners — the private credit arm recently acquired by global investment giant BlackRock. The case has shocked both

Crime & Justice

01 Nov 2025 11:03 AM 511 views

Indian-origin CEO Bankim Brahmbhatt accused in $500 million US financial fraud

Indian-origin telecom executive Bankim Brahmbhatt, once celebrated as one of the top 100 global leaders in telecommunications, is now at the center of a massive $500 million financial fraud case in the United States. Brahmbhatt, the Gujarat-born CEO of US-based telecom companies Broadband Telecom and Bridgevoice under the Bankai Group, is being sued by HPS Investment Partners — the private credit arm recently acquired by global investment giant BlackRock. The case has shocked both

Crime & Justice

TRAI Approves Plan to Display Real Names on Incoming Calls Across India

The Telecom Regulatory Authority of India (TRAI) has officially approved the Calling Name Presentation (CNAP) system, a new initiative that will allow mobile users to see the real, verified names of callers on their phone screens. This feature, developed in collaboration with the Department of Telecommunications (DoT), aims to bring transparency to digital communication by displaying the name used during SIM registration, rather than relying on third-party caller ID apps like Truecaller. The

Business

29 Oct 2025 12:26 PM 590 views

TRAI Approves Plan to Display Real Names on Incoming Calls Across India

The Telecom Regulatory Authority of India (TRAI) has officially approved the Calling Name Presentation (CNAP) system, a new initiative that will allow mobile users to see the real, verified names of callers on their phone screens. This feature, developed in collaboration with the Department of Telecommunications (DoT), aims to bring transparency to digital communication by displaying the name used during SIM registration, rather than relying on third-party caller ID apps like Truecaller. The

Business

US Secret Service dismantles 100,000 SIM card network near New York ahead of UNGA

In a significant security development, the United States Secret Service announced on Tuesday, September 23, 2025, that it had successfully dismantled a massive network of more than 100,000 SIM cards that posed a serious threat to New York’s telecommunications infrastructure. The timing of this discovery is critical as world leaders are in New York City for the United Nations General Assembly, where debates on Palestinian statehood and the Gaza crisis dominate the agenda. Accor

Crime & Justice

23 Sep 2025 08:30 AM 558 views

US Secret Service dismantles 100,000 SIM card network near New York ahead of UNGA

In a significant security development, the United States Secret Service announced on Tuesday, September 23, 2025, that it had successfully dismantled a massive network of more than 100,000 SIM cards that posed a serious threat to New York’s telecommunications infrastructure. The timing of this discovery is critical as world leaders are in New York City for the United Nations General Assembly, where debates on Palestinian statehood and the Gaza crisis dominate the agenda. Accor

Crime & Justice

Reliance Jio and Vodafone Idea Lose Subscribers, BSNL and Airtel Gain

Reliance Jio Infocomm Ltd., India's largest telecom operator, experienced a loss of about 1.65 crore subscribers over the past four months, with 37.6 lakh mobile subscribers leaving the platform in October alone. Vodafone Idea also saw a decline of 19.3 lakh subscribers in October, a bigger loss than the 15.5 lakh subscribers lost the previous month, according to the latest data from the Telecom Regulatory Authority of India (TRAI). These losses come after the tariff hikes announced earli

Business

23 Dec 2024 05:56 AM 1.34k views

Reliance Jio and Vodafone Idea Lose Subscribers, BSNL and Airtel Gain

Reliance Jio Infocomm Ltd., India's largest telecom operator, experienced a loss of about 1.65 crore subscribers over the past four months, with 37.6 lakh mobile subscribers leaving the platform in October alone. Vodafone Idea also saw a decline of 19.3 lakh subscribers in October, a bigger loss than the 15.5 lakh subscribers lost the previous month, according to the latest data from the Telecom Regulatory Authority of India (TRAI). These losses come after the tariff hikes announced earli

Business

Airtel Gains Market Share, Leads Telecom Sector Growth: CLSA

Bharti Airtel Ltd. has emerged as the leader in India’s telecom sector, gaining market share over the past 12 months following tariff hikes implemented earlier. According to the latest data from the Telecom Regulatory Authority of India (TRAI), the country’s mobile sector saw a 14% year-on-year revenue growth, totaling Rs 2.69 lakh crore. During this period, Bharti Airtel reported the highest revenue growth of 19%, while Vodafone Idea Ltd. and Reliance Jio Infocomm Ltd.

Business

04 Dec 2024 05:45 AM 1.79k views

Airtel Gains Market Share, Leads Telecom Sector Growth: CLSA

Bharti Airtel Ltd. has emerged as the leader in India’s telecom sector, gaining market share over the past 12 months following tariff hikes implemented earlier. According to the latest data from the Telecom Regulatory Authority of India (TRAI), the country’s mobile sector saw a 14% year-on-year revenue growth, totaling Rs 2.69 lakh crore. During this period, Bharti Airtel reported the highest revenue growth of 19%, while Vodafone Idea Ltd. and Reliance Jio Infocomm Ltd.

Business

Trump Praises Elon Musk's Starlink, Sparks Buzz About Satellite Internet in India

In his victory speech after the 2024 US presidential election, Donald Trump showered praise on SpaceX CEO and X (formerly Twitter) boss Elon Musk, calling him an "amazing guy" and a "super genius." Trump highlighted how Musk's Starlink satellite internet service had been a lifesaver in the aftermath of Hurricane Helene, illustrating its potential to provide reliable internet connectivity to the remotest areas of the globe. This endorsement has sparked a renew

Global News

07 Nov 2024 01:29 AM 1.43k views

Trump Praises Elon Musk's Starlink, Sparks Buzz About Satellite Internet in India

In his victory speech after the 2024 US presidential election, Donald Trump showered praise on SpaceX CEO and X (formerly Twitter) boss Elon Musk, calling him an "amazing guy" and a "super genius." Trump highlighted how Musk's Starlink satellite internet service had been a lifesaver in the aftermath of Hurricane Helene, illustrating its potential to provide reliable internet connectivity to the remotest areas of the globe. This endorsement has sparked a renew

Global News

BSNL Gains Subscribers as Private Telecom Giants Face User Losses Amid Tariff Hikes

BSNL, the state-owned telecommunications provider, has reported a significant increase in subscribers for the second consecutive month, defying industry trends as private telecom giants face user losses due to recent tariff hikes. According to the latest data from the Telecom Regulatory Authority of India (TRAI), India saw a net loss of 57.7 lakh mobile subscribers in August, a sharp increase from the 9.2 lakh lost in July. BSNL added 25.3 lakh new users in August, building on a str

Business

25 Oct 2024 09:15 AM 1.32k views

BSNL Gains Subscribers as Private Telecom Giants Face User Losses Amid Tariff Hikes

BSNL, the state-owned telecommunications provider, has reported a significant increase in subscribers for the second consecutive month, defying industry trends as private telecom giants face user losses due to recent tariff hikes. According to the latest data from the Telecom Regulatory Authority of India (TRAI), India saw a net loss of 57.7 lakh mobile subscribers in August, a sharp increase from the 9.2 lakh lost in July. BSNL added 25.3 lakh new users in August, building on a str

Business

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Fiverr CEO Warns: AI is coming for your job including Mine

#telecom

Amazon to acquire Globalstar in $11.57 billion satellite internet deal

Amazon to acquire Globalstar in $11.57 billion satellite internet deal

Syria and Saudi Arabia sign major investment deals to boost reconstruction

Syria and Saudi Arabia sign major investment deals to boost reconstruction

Verizon wireless outage disrupts voice and data services for customers nationwide

Verizon wireless outage disrupts voice and data services for customers nationwide

Indian-origin CEO Bankim Brahmbhatt accused in $500 million US financial fraud

Indian-origin CEO Bankim Brahmbhatt accused in $500 million US financial fraud

TRAI Approves Plan to Display Real Names on Incoming Calls Across India

TRAI Approves Plan to Display Real Names on Incoming Calls Across India

US Secret Service dismantles 100,000 SIM card network near New York ahead of UNGA

US Secret Service dismantles 100,000 SIM card network near New York ahead of UNGA

Reliance Jio and Vodafone Idea Lose Subscribers, BSNL and Airtel Gain

Reliance Jio and Vodafone Idea Lose Subscribers, BSNL and Airtel Gain

Airtel Gains Market Share, Leads Telecom Sector Growth: CLSA

Airtel Gains Market Share, Leads Telecom Sector Growth: CLSA

Trump Praises Elon Musk's Starlink, Sparks Buzz About Satellite Internet in India

Trump Praises Elon Musk's Starlink, Sparks Buzz About Satellite Internet in India

BSNL Gains Subscribers as Private Telecom Giants Face User Losses Amid Tariff Hikes

BSNL Gains Subscribers as Private Telecom Giants Face User Losses Amid Tariff Hikes

Protests and Scuffles in Parliament Over Amit Shah's Ambedkar Comment

Revanth Reddy’s Surprising Remarks On KCR After Jubilee Hills Victory

UPSC CMS 2025 Registration Ends Today: Key Details and Steps to Apply

"ED Investigates Siemens in Andhra Pradesh Skill Development Case, Exonerates CM Chandrababu Naidu"

PM Modi to Inaugurate ₹3,880 Cr Projects in Varanasi During His 50th Visit Today

World Liver Day 2025: Theme, Diet Tips, Foods to Eat and Avoid for a Healthy Liver

Udhayanidhi Stalin Set for Promotion to Deputy Chief Minister of Tamil Nadu

Married filing jointly vs separately: what couples should know for 2025 taxes

Dhruv Rathee Criticizes Ranveer Allahbadia's Controversial Remarks on "India's Got Latent"

Fiverr CEO Warns: AI is coming for your job including Mine

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