The US military is looking to modernize its satellites with new and upgraded equipment.As the US prepares to launch its newest military satellite, the Air Force is developing a new type of satellite that is smaller and lighter than the older versions, and has higher capacity to provide broadband internet access.However, it is still not yet clear which satellite internet equipment will be included ...
Comcast, Time-Warner Cable and Cox Communications have announced a $30 billion merger.
The deals, which include $15 billion in cash, includes the merger of Comcast and Time Warner.
Comcast, which currently owns NBCUniversal, said in a statement that the transaction would create the largest integrated broadband infrastructure company in the U.S. The combined company will operate the nation’s largest and most technologically advanced broadband network, with the goal of making it the best and most reliable Internet service in the world.
“The combination of these four companies is expected to be completed in the fourth quarter of 2019,” the statement read.
Comcast said the merger will create the nation “most innovative broadband service provider, and will enable Comcast to invest in new services and infrastructure for our customers and enhance its network to support them.”
In a statement, Cox said it “reinvests the assets of its parent company to become a fully integrated, fully integrated and integrated company with a combined reach and capacity to deliver a network of more than 70 million broadband customers and services, including Comcast Xfinity and Cox Next, and we expect to continue to invest and build on our existing portfolio of broadband services and services.”
“We believe the combination will create a new and more reliable broadband infrastructure provider with a significant impact on the way we do business and the way our customers are served, Cox added.”
Comcast’s merger with Time Warner will bring together the best broadband providers in the country to offer a superior broadband experience and better access to video and voice services, and the combined company, along with Time-Pac, will help to accelerate the deployment of the most advanced broadband services in the nation,” the announcement read.
Comcast has been looking to merge with rivals to offer better customer service and cut out the cord. “
We expect the combined Comcast and TWC businesses will be better positioned to address our customers’ needs, increase broadband speeds, deliver faster and more effective Internet service, and increase our revenue and operating efficiency,” the company said.
Comcast has been looking to merge with rivals to offer better customer service and cut out the cord.
Earlier this month, the company agreed to pay $45 billion to buy Time Warner in a deal that includes Time Warner owning the entire NBCUniversal group.