The Competition Council in France has fined France Telecom 80 million Euros for maintaining a monopoly on the ADSL broadband service from 1999 to 2002. According to the council, France Telecom used its position in a manner that proved detrimental to the country’s economy. Orbital sciences have sold a satellite to Measat Global. The satellite will enable telecom coverage of Malaysia, Indonesia, and even the Middle East. tmcnet.com reports:
A report in Malaysia's Edge Daily said Friday the transaction for the Measat-1R spacecraft was "valued at nearly $70 million" and would give Measat C and Ku-band coverage and 36 Megahertz of bandwidth for 15 years.
Read More: Telecom Weekly Roundup
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