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Sunil Mittal bids for bankrupt satellite company OneWeb supported by UK govt

2020-06-30 02:00:00| Total Telecom industry news

OneWeb, a UK-based low-Earth orbit (LEO) satellite company, has found itself under financial strain since its inception back in 2012. Despite backers including SoftBank, Airbus and Qualcomm, the satellite company has struggled to obtain financing, resulting in a slew of debts that now top $3.3 billion.   The company filed for bankruptcy in March this year citing financial strain caused by the pandemic…read more on TotalTele.com »

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Equator Prize Goes to Initiative Supported by Provital

2020-06-29 19:31:42| Happi Breaking News

Promotes the sustainable development of plant cultivation in Mexico.

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Tencent revenues, profit soar in Q4, supported by smartphone games, cloud services and ads

2020-03-18 11:18:00| Telecompaper Headlines

(Telecompaper) The operating profit jumped 65 percent CNY 28.60 billion, with the margin rising to 27 percent from 20 percent, while the profit attributable to equity holders soared 52 percent to CNY 21.58 billion. Capex for the quarter also soaredm by 270 percent to CNY 16.87 billion. 

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