Singapore Technologies Engineering  (ST Engineering) revealed that its U.S. subsidiary, iDirect Government (iDirectGov), acquired 100 percent ownership of Glowlink Communications Technology. This acquisition was carried out by way of a merger through a newly-incorporated special purpose vehicle, Intrepid Merger Sub and Glowlink, with Glowlink being the surviving entity. The aggregate purchase consideration was $20 million…

ST Engineering is determined to build one of the most important companies in satellite over the next few years. Its acquisition of Newtec is yet more evidence of an progressive strategy to serve the industry better. Tang Kum Chuen, president of satellite systems, electronics, ST Engineering told Via Satellite that the acquisition of Newtec will…

Dish Network reported its Second Quarter (Q2) 2019 financial results a week after the company announced entering the U.S. wireless market as the fourth nationwide network competitor. Dish's revenues took a slight dip, and additionally, the company saw Pay-TV subscriber loss — but sees a bright future in the deal it struck between T-Mobile and Sprint. This…

Dish Network will enter the U.S. wireless market as the fourth nationwide facilities-based network competitor. Dish reached agreements with the Antitrust Division of the U.S. Department of Justice, T-Mobile, and Sprint to complete this transformative transaction. Additionally, Dish has committed to the Federal Communications Commission (FCC) that DISH will deploy a facilities-based 5G broadband network capable…