Tag: Remote Connectivity
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Calian to Acquire Galaxy Broadband in Deal Worth Up to C$52 Million
Calian Group has agreed to acquire Canadian satellite communications provider Galaxy Broadband Communications in a transaction valued at up to C$52 million (US$36.6 million), expanding its communications and connectivity business. The acquisition includes an upfront payment of C$24 million (US$16.9 million), with up to C$27.5 million (US$19.3 million) in additional earnout payments tied to performance…
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Jio Explores Sovereign LEO Satellite Constellation to Expand Broadband Coverage Across India
India’s largest telecom operator, Jio Platforms, is evaluating the development of a sovereign low-Earth orbit (LEO) satellite constellation as part of a broader strategy to expand broadband connectivity across the country. The plan was outlined by Akash Ambani, chairman of Reliance Jio Infocomm, during the company’s shareholder meeting on June 19. Dual Satellite Strategy According…