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"The transaction has been unanimously approved by the Board of Directors of both companies and Intelsat shareholders holding approximately 73% of the common shares have entered into customary support agreements requiring them to vote in favour of the transaction," the companies added. #Satcom #SES #Intelsat #Industry #ETTelecom

Layoffs at Google's Flutter, Dart and Python teams come weeks after the tech giant terminated staff from its real estate and finance teams as well. Google has said the layoffs are not company-wide. #GoogleLayoffs #Google #Flutter #Dart #Python #ETTelecom

"The thing I am really excited to announce today is the expanded announcement of data centre investment, so $1.7 billion to bring the latest and greatest AI infrastructure to Indonesia," Nadella told a crowd, adding data centres would be built in Indonesia soon. #Microsoft #SatyaNadella #DataCentre #ArtificialIntelligence #ETTelecom

According to the report, about 1,37,565 close approach alerts were received from USSPACECOM. Also, a total of 3,033 alerts for close approaches within the distance of one kilometre were deduced by the ISRO satellites. #ISRO #Satellites #USSPACECOM #Satcom #Industry #ETTelecom

Following allotment of equity against the foreign currency convertible bond (FCCB) the outstanding principal value of FCCBs at Singapore Exchange has reduced to USD 204.690 million. #BhartiAirtel #FCCB #BhartiAirtelShares #EquityShares #ETTelecom

Telecom equipment production for FY24 crossed the Rs 45,000 crore milestone with exports of around Rs 10,500 crore, backed by the Centre’s production linked incentive (PLI) scheme. The scheme has also led to creation of over 19,500 direct jobs, according to government data shared exclusively with ET. #TelecomPLI #TelecomEquipmentProduction #PLIScheme #ETTelecom

TP-Link, Deco, Netgear, and Google, and more, are the vendors selling their Wi-Fi 6E routers in India via platforms such as Amazon, Flipkart, Moglix, and others, according to the data presented by the Delhi-based telco industry association. #COAI #DoT #WiFi #Telcos #Google #Netgear #TPLink #ETTelecom

“For wireless, we shipped a lot of equipment for the 4G/5G RAN in the BSNL network. We have shipped cumulatively more than 10,000 sites, and the installations are progressing quite well,” he said. The remaining 90,000 sites are expected to be deployed in the next three to four quarters, as per the top executive. #BSNL #TejasNetworks #BSNLDeal #TelecomNews #ETTelecom

"We're proud of the fact that we have penetrated every state in India, we are live at over 4,000 points of sales." Marking its debut globally, Boult tapped into the US and UK markets in May 2023, and in January 2024, it set foot in Nepal. It received great responses from all the geographies, the young entrepreneur said. #BoultIPO #VarunGupta #BoultRevenue #IPO #ETTelecom

As the first summit closed in November, British Prime Minister Rishi Sunak promised subsequent events would be held every six months so governments could keep tabs on the rapidly-developing technology. #SecondGlobalAISafetySummit #AISafetySummit #AI #AIRegulation #ETTelecom