Intelsat names Stephen Spengler as next CEO

Satellite services provider Intelsat today announced that Stephen Spengler will be its new CEO from April 1, 2015. Till that time Spengler will be promoted as deputy chief executive officer from the current position as Intelsat president and ...

KT in pact with Verizon to better content delivery

Verizon Digital Media Services said KT Corporation will leverage Verizon EdgeCast technology to better content delivery and quality of service to its Korean customers. As per the multi-year deal, Verizon Digital Media Services customers gain ...

AT&T-DIRECTV deal gets Mexico approval

AT&T on Tuesday said it received the necessary approval from Mexico’s Federal Telecommunications Institute (IFT) for acquiring DIRECTV. Earlier, AT&T received approval in Brazil and Trinidad and Tobago. However, AT&T is yet to ...

SoftBank to acquire streaming video biz DramaFever

SoftBank Internet and Media (SIMI) is set to acquire DramaFever, an online video business for television shows and movies. Founded in 2009, DramaFever company has raised $12 million to date from its investors including AMC Networks, Bertelsmann, ...