Fiber and cable networks are dominating the global broadband market, with the technologies now servicing 77% of fixed subscriptions, new figures from Point Topic have revealed. According to the Global Broadband Statistics, which take into account subscriptions up to the end of 2017, more than 50% of people in more than 40 countries, including Singapore (97%), China (89%), United States (87%), and the UK (55%), are connected via full-fiber, fiber-fed copper or cable. Customers … [Read more...] about Fiber and cable account for three-quarters of global fixed broadband subscriptions
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News Corporation ups stake in Rotana Group
Hong Kong and New York – News Corporation has exercised the remaining half of its option to increase its stake in diversified media company Rotana Group, owned by Saudi billionaire Prince Alwaleed bin Talal, to 18.97 percent from 14.53 percent by purchasing newly-issued shares in Rotana for $35 million. The transaction follows News Corporation’s acquisition of a 9.09 percent stake in Rotana Group in February 2010 and its exercising of the first half of its option to raise the … [Read more...] about News Corporation ups stake in Rotana Group
