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WACS launch date announced
01 May 2012

The WACS cable system, which links Southern Africa, West Africa and Europe is due to go live on May 11, according to the cable’s management committee.

LightSquared given lifeline
01 May 2012

Satellite spectrum company LightSquared has been granted a one week extension to covenants owed on its $1.6 billion debt that expired yesterday.

Decision reached on $1 billion Telcel fine
01 May 2012

Mexico’s competition watchdog has said that it has reached a decision on whether to uphold a fine of almost $1 billion against Carlos Slim’s Mexican mobile operator, Telcel.

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