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Herndon telecom company rebrands
Herndon-based government and military communications company Klas Telecom announced Friday it is rebranding as Klas Government. Founded in 1991, Klas Government was established to connect students in remote areas using satellite technology, and later evolved to include services for government, public safety and transportation customers. “As a company, Klas Government has evolved, our tech ha[...]
Mitre tech foundation launches 5G consortium
McLean-based The Mitre Corp. announced Tuesday that its tech foundation, Engenuity, has launched a consortium with a goal of bringing together government, industry and academic institutions to advance innovations in 5G technology. The Open Generation Consortium’s founding members are Ericsson, Nokia Corp., Verizon, Altiostar, First iZ, Hush Aerospace, Kittyhawk, CTIA – The Wireless Association[...]
Reston telecom company taps comms market president
Reston-based telecommunications infrastructure company Transaction Network Services (TNS) announced Tuesday that Bill Versen has been promoted as president of the communications market. Versen joined TNS in 2018 as the company’s chief product officer. In his new role, he will oversee sales and go-to-market strategy. He will also continue in his role as CPO, overseeing product […]
Roanoke tech company buys Md.-based fiber optic manufacturer
Roanoke-based optical technology company Luna Innovations Inc. announced late last week it has acquired Owings Mills, Maryland-based fiber optic equipment manufacturer New Ridge Technologies LLC. Financial terms of the deal were not disclosed. New Ridge Technologies develops and manufactures fiber optic test and measurement equipment and advanced fiber optic subsystems for telecommunication appl[...]
GTT Communications to sell infrastructure division for $2.15B
McLean-based telecommunications company GTT Communications Inc., which provides high-speed internet and cloud networking services to more than 144 countries, announced Friday it will sell its infrastructure division to Miami, Florida-based I Squared Capital for $2.15 billion. Under the definitive purchase agreement, I Squared Capital would obtain GTT’s Pan-European, North American, subsea and tr[...]
Reston-based NII Holdings Inc. to dissolve
Reston-based NII Holdings Inc. announced last week it has filed a petition in a Delaware court to dissolve the company 10 months after it divested its one remaining operating unit, which sold wireless communication services under the Nextel brand to América Móvil. On Dec. 18, 2019, NII Holdings closed the $948.5 million sale of its […]
JBG Smith purchases broadband spectrum from FCC
JBG Smith announced Monday it has purchased seven blocks of Citizens Broadband Radio Service (CBRS) spectrum in Arlington County and Alexandria from the Federal Communications Commission, an acquisition that will allow the Bethesda, Maryland-based developer to build a 5G network in the National Landing area, where Amazon.com Inc. is building its HQ2 East Coast headquarters. […]
McLean firm wins $7.3M DARPA 5G security contract
McLean-based computer and network security company Kryptowire LLC won a four-year, $7.3 million contract to help the Defense Advanced Research Projects Agency (DARPA) conduct research and development services for 5G mobile network security, according to a Department of Defense statement released Tuesday. Under the contract, Kryptowire will work under DARPA’s Open, Programmable, Secure 5G (OPS-[...]
McLean satellite operator to buy in-flight broadband biz for $400M
McLean-based communications satellite services provider Intelsat Corp. announced Monday it will acquire in-flight broadband connectivity provider Gogo Inc.’s commercial aviation business for $400 million. Under the acquisition, Intelsat plans to pair its satellite and ground network to Gogo’s base of more than 3,000 commercial aircraft, according to a company statement. The transaction is [...]
Telecommunications
TAD DERISO PRESIDENT AND CEO, MID-ATLANTIC BROADBAND COMMUNITIES CORP., SOUTH BOSTON Deriso is the proverbial big fish in the small pond of South Boston, where MBC has made significant headway in connecting Southern Virginia to broadband internet service, working with Old Dominion Electric Cooperative and Virginia Tech, among others. Founded in 2004, MBC owns and […]
Wash.-based telecomm company buys Vienna satellite tech firm
Redmond, Washington-based mobile communications company Kymeta Corp. announced Tuesday it has acquired Vienna-based satellite technology company Lepton Global Solutions LLC. Financial terms of the transaction were not disclosed. Lepton will become a wholly owned subsidiary of Kymeta under the acquisition. Founded in 2013, Lepton provides satellite communication services to intelligence agencies,[...]
T-Mobile invests $30M to relocate customer center to Henrico
T-Mobile US Inc. will invest $30 million to relocate one of its customer experience centers to the former Sam’s Club on Laburnum Avenue in Henrico County, creating up to 500 jobs, Gov. Ralph Northam announced Friday. “T-Mobile has been a valued employer and partner to the commonwealth for many years and we are proud that […]
