Cable & Telecom

Big bird company created

PEMBROKE, Bermuda and WILTON, Conn. - Two of the largest satellite companies in the world, Intelsat, Ltd. and PanAmSat Holding Corporation are getting together. The two companies announced today they have signed a definitive merger agreement under which Intelsat will acquire PanAmSat for US$25 per share in cash, or US$3.2 billion. The new company will have a combined fleet of 53 satellites. “The transaction will create a premier satellite company that will be a leader in the digital delivery of video content, the transmission of corporate data and the provisioning of government communications solutions,” says the press release. PanAmSat brings...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.