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  • Prime & Netflix targeted: No mercy from two OTTs

    Prime & Netflix targeted: No mercy from two OTTs

    Director Sanjay Gupta, who made many gangster flicks, recently expressed frustration on social media, highlighting a growing issue in the Indian film industry.

    He pointed out that after being in the business for decades, he never expected the industry to be so heavily influenced by two major OTT platforms like Netflix and Prime Video.

    What Sanjay Gupta is trying to say is that these OTT platforms now hold significant power over content creation, as directors must pitch their ideas to them and get approval before proceeding with their films, especially if the film’s digital rights are involved.

    This situation is causing concern among many filmmakers and producers. Historically, the power to create and control content was in the hands of the producers, but now OTT platforms are dictating what kind of content should be made.

    They push producers to create films that will appeal to their audience, often forcing filmmakers to alter their creative vision to meet the platform’s demands.

    This is seen as a problem because it undermines the traditional process where creative decisions were made by the filmmakers themselves.

    An insider shared that OTT platforms are also influencing the casting of films, with actors being chosen based on their digital appeal rather than their fit for the role.

    Recently, some film releases have been planned around the OTT platforms’ schedules, leading to clashes in release dates and concerns about how this will affect box office performance.

    The key issue is that producers seem to be prioritizing the needs of OTT platforms over the desires of their audiences.

    It’s time for producers to take creative risks and make content that they believe in, rather than curating films just to meet OTT demands.

    Actors should support this shift by reducing their upfront fees and cutting down on unnecessary costs to make room for more authentic and impactful cinema. M9News

  • Greg Gumbel, trailblazing CBS Sports broadcast legend, dies at 78

    Greg Gumbel, trailblazing CBS Sports broadcast legend, dies at 78

    CBS sportscaster and three-time Emmy winner Greg Gumbel has died. He was 78. Gumbel, a college basketball fixture as the host of “College Basketball on CBS,” lent his voice to myriad iconic moments across a variety of sports.

    Gumbel’s wife, Marcy, and daughter, Michelle, confirmed his death to CBS Sports.

    It is with profound sadness that we share the passing of our beloved husband and father, Greg Gumbel. He passed away peacefully surrounded by much love after a courageous battle with cancer. Greg approached his illness like one would expect he would, with stoicism, grace, and positivity.

    He leaves behind a legacy of love, inspiration and dedication to over 50 extraordinary years in the sports broadcast industry; and his iconic voice will never be forgotten.

    Greg’s memory will forever be treasured by his family, dearest friends, colleagues and all who loved him.

    Gumbel spent more than five decades announcing and covering some of the biggest sporting events in the world, many of them as a member of the CBS broadcast team. Throughout his illustrious career, he served as a play-by-play announcer for the NFL, NBA, MLB and college basketball.

    “The CBS Sports family is devastated by the passing of Greg Gumbel. There has never been a finer gentleman in all of television. He was beloved and respected by those of us who had the honor to call him a friend and colleague,” CBS Sports CEO David Berson said in a statement.

    In his first stint with CBS, which spanned from 1988-94, Gumbel served as the host of “NFL Today” alongside legendary Pittsburgh Steelers quarterback Terry Bradshaw. He also anchored the network’s coverage of the Winter Olympics in 1992 and 1994.

    Gumbel returned to CBS in 1998, becoming the network’s lead play-by-play announcer for the NFL. He also began his 26-year run as the host of “College Basketball on CBS” with his voice on Selection Sunday announcing to fans where their teams would begin their NCAA Tournament journeys.

    Analyst Clark Kellogg sat next to Gumbel for more than two decades on the college basketball desk forming a close friendship with his long-time coworker.

    “For close to 25 years, I enjoyed and was richly blessed by Greg’s friendship, goodness, humor, partnership, professionalism and wisdom,” Kellogg said. “He was excellent in his work and exemplary in his caring and character. Like all who knew and loved him, I too am saddened by his death, yet also so very grateful to have known him in my life. What a gift to be touched by such a good man and partner. My deepest condolences to the entire Gumbel family.”

    When Gumbel called Super Bowl XXXV in 2000, he made history as the first Black play-by-play announcer for a major sports championship. Gumbel also led broadcast coverage for Super Bowl XXXVIII in 2004.

    Harold Bryant, CBS Sports executive producer and vice president of production, worked closely with Gumbel throughout his time with the network. He said Gumbel blazed the trail for the next generation of Black announcers.

    “Greg was a role model and a pioneer,” Bryant said. “He broke barriers being one of the few Black broadcasters covering sports at the highest levels. He set a high bar for others to follow. His work was beyond reproach as he became one of the most respected broadcasters in the industry. Whether it was play-by-play, studio host, or interviewing elite athletes, Greg was as smooth and trustworthy as could be. Greg loved his family, loved The Rolling Stones, and loved CBS. He treated everybody with respect and gratitude. Greg – you will be missed.”

    Greg’s younger brother, Bryant — longtime host of “Real Sports with Bryant Gumbel” on HBO and co-host of NBC’s “Today” for 15 years — has often been credited with helping Greg begin his broadcasting career by alerting him to an open sportscaster position at WMAQ-TV in Chicago.

    Between his stints with CBS, Greg Gumbel spent time at NBC, where he worked as an NBA play-by-play announcer and served as the daytime anchor for the 1996 Summer Olympics coverage. Gumbel also called the 1995 NLDS and NLCS, and he was part of the broadcast team for the 1995 World Championships of Figure Skating.

    Gumbel’s voice has been the soundtrack to some iconic sports moments over the years. During Super Bowl XXXVIII, his voice set the scene as Adam Vinatieri’s 41-yard field goal sent the New England Patriots to their second championship in three seasons.

    Gumbel also called the “Mile High Miracle” in which the Baltimore Ravens’ Joe Flacco hit Jacoby Jones for a 70-yard touchdown to force overtime against the Denver Broncos in the final minute of play. The Ravens won the game on a Justin Tucker field goal in overtime, and they went on to win the Super Bowl later that postseason.

    As a member of the NBC broadcast team, Gumbel was the play-by-play announcer for the 1997 Western Conference Finals between the Utah Jazz and Houston Rockets. In Game 6, Gumbel announced John Stockton’s buzzer-beater that sent the Jazz through to the NBA Finals.

    Early on in his broadcasting career, he worked for MSG Network as a host and play-by-play announcer for the New York Knicks and New York Yankees. Gumbel won a local Emmy for his work at MSG, and he won two local Emmys for his work with EMAQ-TV in Chicago. In 2007, Gumbel was the recipient of the Pat Summerall Award for excellence in broadcasting. CBS Sports

  • Charles Dolan, media pioneer and Cablevision founder, dies at 98

    Charles Dolan, media pioneer and Cablevision founder, dies at 98

    Charles Dolan, the astute businessman who created HBO in the early 1970s before transforming a small cable TV business on Long Island into a multibillion-dollar entertainment, sports and telecom empire, has died. He was 98.

    Dolan’s family told Newsday, the newspaper that they own, that he died of natural causes, surrounded by loved ones. “Remembered as both a trailblazer in the television industry and a devoted family man, his legacy will live on,” they said Saturday.

    The Cleveland-born mogul got his start in the cable business in Manhattan, where his Sterling Manhattan Cable company was awarded rights by New York City in 1965 to wire the lower part of the borough for cable TV service. It was a way to bring reception to places like high rises, where antenna reception was difficult.

    It was while building out Manhattan’s fledgling cable business that Dolan came up with the idea to offer exclusive programming through cable TV to try to drum up subscribers. His idea, which he detailed in a memo while vacationing in France in 1971, was to give subscribers access to exclusive movies and sporting events. He subsequently cut a deal with Madison Square Garden to air exclusive New York Knicks and New York Rangers games.

    “You couldn’t buy the movies and the games unless you also bought the reception,” he recalled in an interview with the University of Pennsylvania’s Annenberg School in 2013. “We wanted to provide a complete television service.”

    His initial idea, which he dubbed The Green Channel, was intriguing to executives at Time Inc., the majority investor in Dolan’s Manhattan cable operation.

    The Green Channel was renamed HBO before launch, and Dolan and other executives like Gerald Levin sought out exclusive sporting events and films for it.

    “There was a discussion, and the first idea was, ‘Well, let’s call it The Home Box [a slang term for the box that delivered broadcast signals to cable homes],’” Dolan recalled. “Then somebody said, ‘Well, if it’s Home Box and we’re selling movies, why don’t we make it the Home Box Office.’ That’s what it became, and it didn’t take long for that to convert to HBO. Everybody liked that name, and that was the beginning of it.”

    Dolan’s Manhattan cable business, however, struggled. According to Felix Gillette and John Koblin’s 2022 book, It’s Not TV, HBO mustered a scant 10,000 subscribers in its first year, a number Levin called “very demoralizing.” Time ultimately bought out Dolan’s stake in HBO in 1974.

    But it was after that sale that Dolan made his fortune, bringing cable services to New York suburbs via his Cablevision Systems Corp. Based on Long Island, Cablevision offered service in most of the city’s fast-growing suburbs to the east, north and west before expanding into such other markets as Boston, Cleveland and Chicago.

    At Cablevision, Dolan and his family tried to replicate their success with HBO, launching a movie-focused channel in 1984 called American Movie Classics. AMC and its sibling channels operated under the Cablevision-owned Rainbow Media banner, which it subsequently spun off and now operates as AMC Networks Inc.

    In 1994, Cablevision acquired a 50 percent stake in Madison Square Garden, which included the namesake arena as well as the NBA’s Knicks and NHL’s Rangers, from Viacom for a reported $1.1 billion, and it acquired the other 50 percent three years later for $650 million.

    Dolan and Cablevision launched, bought and sold a variety of businesses over the years, including SportsChannel, the first regional sports network in the U.S., as well as the New York-based theater chain Clearview cinemas. Cablevision also acquired the electronics retailer The Wiz in 1998 and at Dolan’s urging purchased Long Island-based Newsday in 2008 in another $650 million deal.

    In 2015, Charles and the Dolan family agreed to sell Cablevision to Patrick Drahi’s European telecom giant Altice for $17.7 billion. AMC Networks and Madison Square Garden continue to be owned by the Dolan family, with Charles’ son James Dolan running those businesses.

    “The impact he made on the media, sports, and entertainment industries, including as the founder of Cablevision and HBO, is immeasurable,” said a statement on behalf of MSG Entertainment, MSG Sports, and Sphere. “His life was a testament to the importance of innovation, generosity, and hard work, and his legacy will live on in the industries he pioneered, the communities he served, and the memories of those who love him. Our thoughts are with the entire Dolan family and the countless people Mr. Dolan influenced throughout his remarkable life. We do not expect this to directly or indirectly change ownership by the Dolan family.”

    Charles Francis Dolan was born in Cleveland on Oct. 16, 1926. His father, David, was an inventor; Gillette and Koblin noted that he came up with an early prototype of the automatic transmission for automobiles.

    “When I learned how to drive,” Dolan said, “it was in a car that didn’t have a clutch. I’d pull into a gas station and the attendants would just be amazed.”

    While attending Cleveland Heights High School, he got $2 to write a weekly column for the Cleveland Press about Boy Scout activities, and that led to him appearing on a radio program. He then served with the U.S. Air Force and studied at John Carroll University in University Heights, Ohio, before dropping out to pursue an interest in telecommunications.

    With his wife, Helen, whom he married in 1951, he launched a sports-reel business, sending prints of a “Game of the Week” to TV stations around the country in a syndication deal.

    He moved to New York to produce for the syndication company Telenews, then joined Sterling Television, which he eventually bought with a partner. Sterling helped its clients reach their target audiences with films, usually by showing them at conventions held in New York.

    One early deal he did with Sterling was buying cable rights to Knicks and Rangers playoff games in 1968 for $24,000.

    “All the home games were blacked out,” he said. “The broadcast stations didn’t carry them because the Garden was worried about jeopardizing box office receipts. But our circulation was so modest in Manhattan that they were willing to make a deal.”

    While his fortune was made by providing TV and internet services, his time launching HBO continued to stick with him. When asked by the University of Penn interviewers if if he had ever thought about its sale to Time, he replied, “Every day … I’ve never really felt that much apart from HBO.”

    “Charles Dolan was a visionary creative, an extraordinary business leader and a great friend whose creation of HBO forever changed the quality and prestige of storytelling on television,” Warner Bros. Discovery CEO David Zaslav said in a statement. “His impact continues to be felt today at HBO, Warner Bros. Discovery and across our entire industry. He will be deeply missed. We send our condolences to the entire Dolan family.”

    Dolan is survived by six children, including James Dolan (and his wife, AMC Networks CEO Kristin Dolan) and Patrick Dolan, who runs Newsday. His brother, Larry Dolan, is the principal owner of baseball’s Cleveland Guardians. His wife died in August 2023 at 96. The Hollywood Reporter

  • Reliance Jio opposes bringing OTT services under Telecom Act

    Reliance Jio opposes bringing OTT services under Telecom Act

    There’s no ground to bring OTT content services under the authorisation of the Indian Telecommunications Act, 2023, said Reliance Jio Infocomm Ltd in its counter comments to the Telecom Regulatory Authority of India (TRAI).

    Stakeholders like Bharti Airtel Ltd earlier asked that OTTs delivering broadcast content through broadband / mobile should be brought under the authorisation framework and the principle of same service- same rules. However, Jio in it counter comments argued that the principle does not apply to OTTs. It may be noted that while Jio’s original submission did not mention OTTs, the company has previously called for the regulation of OTT communication services. The telco does not specify how an OTT communication platform would differ from an OTT content platform. The company recently announced a merger with Walt Disney and Viacom 18 Media Private Ltd.

    In its letter, Jio drew a distinction between OTTs and Distribution Platform Operators (DPOs) by saying, “OTTs differ from other DPOs such as cable TV, IPTV, DTH etc., as these latter deliver broadcasting services through broadcasting networks established by them. Furthermore, the licensed DPOs transmit licensed TV channels after acquiring them from broadcasters under the provisions of Uplinking and Downlinking Guidelines. Whereas OTT content providers deliver content through Public Internet.” The company also said that OTT content services are already regulated under the Information Technology Act, 2000 and Rules.

    Other stakeholders like the Broadband India Forum (BIF) said, “TV and radio broadcasters follow a ‘push-model’ as they deliver contents to mass audiences/viewers at a predetermined schedule. OTT platforms make content available to subscribers over the public internet and operate on a pull model (i.e. subscribers choose and request for content they wish to watch from an online library made available by the OTT platforms).”

    On the other hand, Airtel argued that any platform which offers similar content as offered by the regulated distribution platform, should equally be brought under a similar regulatory regime.

    “OTT delivering broadcast content through broadband / mobile provide the same content as provided by DTH operators to subscribers with no commensurate obligations of any kind. This approach goes against the basic premise of TRAI’s endeavour to have a balanced regulatory framework. These anomalies lead to risks such as exclusionary and discriminatory impact for subscribers who may not be able to access the same broadcast content on their choice of delivery medium,” said Airtel.

    Particularly, Airtel asked that Prasar Bharti’s OTT platform services WAVES also be brought within the purview of the authorisation framework. It asked TRAI to bring Prasar Bharti within the ambit of the authorisation / licensing framework of the Broadcasting (Television Programming, Television Distribution and Radio) Service Rules. The Hindu BusinessLine

  • ISRO’s SpaDeX mission aims for satellite docking milestone

    ISRO’s SpaDeX mission aims for satellite docking milestone

    The Indian Space Research Organisation (ISRO) is preparing to close 2024 on a high note with the Space Docking Experiment (SpaDeX), scheduled for December 30. This mission aims to achieve the complex feat of docking two satellites in space, a capability mastered by only a few nations.

    Announced by Union Minister Jitendra Singh, SpaDeX represents a significant milestone in India’s space programme. It is set to demonstrate advanced spacecraft docking technology using an indigenous system called the “Bharatiya Docking System.”

    The SpaDeX mission will involve two satellites, referred to as the ‘Chaser’ and ‘Target,’ which will dock at an orbital altitude of 470 km. They will operate at speeds of 28,800 km/h, requiring precise manoeuvring to align and reduce relative velocities to just 0.036 km/h before docking. This process will result in the two satellites merging into a single unit, paving the way for advancements in satellite servicing, long-term missions, and space station development.

    The project will utilise the PSLV-C60 rocket, launching from Sriharikota at 21:58 IST. ISRO’s ability to execute this intricate procedure will demonstrate India’s expertise in managing such advanced operations in the challenging conditions of space.

    The mission will test key capabilities, including precision rendezvous, docking manoeuvres, power transfer between docked spacecraft, and scientific payload operation post-undocking. The satellites, each weighing approximately 220 kilograms, are expected to remain operational for two years, enabling further experiments and data collection.

    Docking technology is essential for India’s ambitions in space exploration, such as lunar and interplanetary missions and the development of the Bharatiya Antriksh Station, India’s proposed space station. It is also a critical component for multi-launch missions and future human spaceflight initiatives like the Gaganyaan project.

    The fourth stage of the PSLV rocket, known as POEM-4, will carry 24 payloads from academic institutions and startups. These experiments will leverage the microgravity environment to conduct research, adding another layer of scientific exploration to the mission.

    If successful, SpaDeX will place India among the few nations—currently including the United States, Russia, and China—that have achieved satellite docking in space. The mission underscores ISRO’s commitment to pushing technological boundaries and strengthening India’s position in global space exploration. East Mojo

  • Vietnam establishes a legal framework for telecom and cloud computing

    Vietnam establishes a legal framework for telecom and cloud computing

    Decree 163, detailing the implementation of the Telecommunications Law, establishes a comprehensive legal framework for three new telecommunications services: data center services, cloud computing, and basic telecommunications services over the Internet.

    Key provisions of Decree 163
    Issued by the government, Decree 163 includes seven chapters and 86 articles, applying to Vietnamese and foreign organizations and individuals involved in telecommunications activities in Vietnam.

    Effective from December 24, 2024, the decree’s provisions regarding data center services, cloud computing, and basic telecommunications services on the Internet will take effect on January 1, 2025.

    According to the Telecommunications Authority under the Ministry of Information and Communications, the decree operationalizes the policies of the Telecommunications Law, creating favorable conditions for market growth, competition, and the development of advanced, modern, and synchronized telecommunications infrastructure.

    The decree also facilitates accurate and complete registration of subscriber information, allowing online registration to align with digital transformation trends.

    Decree 163 establishes specific guidelines for three newly recognized services: Data center services; Cloud computing services; Basic telecommunications services on the Internet.

    These services aim to drive digital infrastructure development and the digital economy while ensuring public safety and cybersecurity.

    The decree defines the rights and obligations of foreign entities providing these services under a “light management” principle, balancing regulatory oversight with market flexibility.

    It also requires service providers to maintain user data provided during contract agreements and mandates secure use of these services by government agencies.

    Updates to mobile subscriber management
    In line with digital transformation, Decree 163 introduces several changes to mobile subscriber management:

    Telecom companies can implement online registration using applications.

    Subscriber data must match the National Population Database.

    Registration for the second or subsequent SIM cards requires one-time password (OTP) verification.

    Video calls may be used for identity verification during registration.

    Enhancing market regulation

    To ensure fair competition, the decree outlines criteria for identifying dominant telecommunications companies and their obligations.

    It also includes provisions for managing prepaid mobile cards, mobile accounts, and the resale of telecom services.

    Regulations aim to minimize risks, prevent abuse, and ensure lawful use of mobile payment systems.

    The decree emphasizes the development of telecommunications services and infrastructure while maintaining public order and information security.

    It supports business innovation and enhances competition while managing emerging technologies responsibly. Vietnam Net

  • White House urges FCC to act after Chinese hack targets US telecoms

    White House urges FCC to act after Chinese hack targets US telecoms

    The White House is urging the Federal Communications Commission to crack down on US telecom providers after at least nine were breached in a massive Chinese hacking and spying campaign that targeted senior government officials.

    Voluntary compliance with cybersecurity practices are inadequate to protect against hacking from foreign actors, the White House’s deputy national security advisor for cyber and emerging technology, Anne Neuberger, said on a Friday call.

    The Biden administration official urged the FCC to impose regulations that would make it harder, riskier and costlier for hackers to access Americans’ data in response to the Salt Typhoon hack that affected an unknown number of Americans.

    “We know that voluntary cybersecurity practices are inadequate to protect against China, Russia and Iran hacking of our critical infrastructure,” Neuberger said.

    The commission is expected to hold a vote on the proposal by Jan. 15, a week before the inauguration of President-elect Donald Trump. The FCC did not immediately respond to a request for comment.

    Federal authorities first acknowledged the hack in October. After an investigating they revealed weeks later that “a broad and significant cyber espionage campaign” by the Chinese government had taken place.

    The FBI and the Cybersecurity and Infrastructure Security Agency, or CISA, pushed telecommunications companies to beef up their security and directed Americans to use encrypted communications in response as they worked to determine the scope of the beach.

    Previously, the White House said that at least eight companies were impacted. A ninth company, which the White House did not name, has been identified. Verizon, AT&T and Lumen are among the companies previously named.

    The U.S. government does not know how many people were impacted, Neuberger said. But it is their understanding that “a large number” of individuals in the Washington, D.C. area and Virginia were geolocated, with the aim of identifying who the phones belonged to for “follow on espionage and intelligence collection of communications, of texts and phone calls.”

    ‘We will never know’ scope and scale of Salt Typhoon phone hack
    Fewer than 100 individuals are estimated to have been targeted with further spying, she said.

    Chinese hackers were careful about their techniques, she added. “They erased logs. In many cases, companies were not keeping adequate logs,” she said. “So there are details that likely … we will never know regarding the scope and scale of this.”

    Australia and the UK already have stricter requirements in place, Neuberger said, that may have led to the hacks discovery and containment faster.

    The U.S. says it believes the Chinese had the capability to geolocate millions of individuals and record phone calls at will because of the broad access they had into networks. The Chinese government has previously denied it was involved in the hack. USA Today

  • Samsung loses Qualcomm contract to TSMC for next-gen snapdragon chips

    Samsung loses Qualcomm contract to TSMC for next-gen snapdragon chips

    Samsung faces the challenge of balancing improvements in its foundry business with the demands of its smartphone division. The company’s ability to navigate these complexities will be crucial for maintaining its leadership in both the semiconductor and smartphone markets.

    Samsung Foundry has once again failed to secure a contract from Qualcomm for the production of its latest flagship mobile processor, the Snapdragon 8 Elite Gen 2. This setback marks another chapter in Samsung’s ongoing struggle to compete with industry leader TSMC, which has been awarded the entire manufacturing contract for the upcoming chip.

    The decision comes at a critical juncture for Samsung Foundry, which has been grappling with low yield rates in recent months. However, there are signs of improvement on the horizon. The company recently stabilized its 3nm production process, achieving acceptable yield rates, and is simultaneously pushing forward with the development of even more advanced 2nm chips. Samsung also has ambitious plans to produce 1.4nm chips by 2027.

    Despite these advancements, Qualcomm’s choice to partner exclusively with TSMC for the Snapdragon 8 Elite Gen 2 reflects the current state of the industry. TSMC’s proven track record and reliability likely outweighed any potential cost savings that Samsung might have offered. This decision is particularly impactful given the widespread adoption of Snapdragon SoCs in flagship smartphones.

    The loss of this contract doesn’t spell the end for Samsung Foundry’s aspirations. The company is expected to make another bid for the production of the Snapdragon 8 Elite Gen 3 when it enters development. To improve its chances, Samsung will need to successfully fulfill orders from other clients and further improve yield rates.

    This development coincides with reports of a significant price increase for the Snapdragon 8 Elite Gen 2, which could lead to higher costs for premium smartphones, including Samsung’s Galaxy series. This situation presents a dilemma for Samsung’s mobile division as it may need to consider alternative strategies to maintain competitive pricing.

    One potential solution could involve reviving Samsung’s in-house Exynos chip line for future Galaxy devices, such as the S26 series. This move could help offset the impact of rising Snapdragon prices.

    Alternatively, Samsung might explore partnerships with other chip manufacturers like MediaTek or make compromises in other components such as displays and cameras to offset increased processor costs.

    Despite these challenges, industry experts anticipate that Samsung’s upcoming Galaxy S25 series will remain among the top smartphone choices in 2025. The company’s strength in other areas of mobile technology should support its operations as it continues to refine its foundry capabilities and chip production processes. Tech Spot

  • Starlink to hike internet tariff in Nigeria from January

    Starlink to hike internet tariff in Nigeria from January

    Since Friday, December 27, 2024, when Starlink, Elon Musk’s satellite internet service, announced an increase in its monthly subscription prices across Nigeria, effective immediately for new customers and starting January 27, 2025, for existing users, the industry regulator, Nigerian Communications Commission (NCC), is yet to react officially.

    In an email to its subscribers on Friday, the company stated that the price adjustments are necessary to enhance its network infrastructure and maintain the delivery of high-quality internet service across the country.

    The new pricing structure is as follows: Standard (Residential) ₦75,000, Mobile – Regional (Roam Unlimited) ₦167,000, and Mobile – Global (Global Roam) ₦717,000.

    “These changes reflect our commitment to investing in the infrastructure needed to support and improve your experience with Starlink,” the company said. Nigeria CommunicationsWeek

  • ASML CEO claims Chinese chipmakers 10-15 years behind global leaders

    ASML CEO claims Chinese chipmakers 10-15 years behind global leaders

    Despite recent advances, ASML CEO highlights China’s significant technological gap in semiconductor manufacturing. Chinese firms face major hurdles without access to crucial EUV technology, even as they represent nearly half of ASML’s current sales amid growing geopolitical tensions.

    ASML’s CEO, Christophe Fouquet, has said that Chinese semiconductor companies like Huawei and SMIC are still a good 10 to 15 years behind big players like Intel, TSMC, and Samsung, despite making notable strides in technology. This comes as ASML’s ties with Chinese customers are under increasing scrutiny, thanks to growing geopolitical tensions.

    According to Fouquet, the big issue is that Chinese manufacturers don’t have access to advanced extreme ultraviolet (EUV) lithography machines, which play a huge role in keeping up with global leaders. ASML’s EUV systems, priced at roughly 400 million euros apiece, are key for churning out state-of-the-art semiconductors—and just shipping the components requires seven cargo planes.

    Despite challenges, the Dutch lithography powerhouse reported strong numbers for Q3 2024, boasting net sales of 7.5 billion euros and profits of 2.1 billion euros. However, new orders fell to 2.6 billion euros, which is less than half of the previous quarter’s 5.6 billion euros. Even so, China still dominates ASML’s market share, accounting for 47 percent of the company’s Q3 2024 sales.

    Analysts at UBS predict ASML could see a nearly 25 percent dip in its Chinese sales next year, with up to 45 percent of its total Chinese revenue on the line if more restrictions pile on. While the U.S. is pressing ASML to stop servicing equipment already in use in China, the Netherlands hasn’t complied with these requests so far.

    To add some perspective, ASML and its partners spent over two decades perfecting the commercial EUV ecosystem. Even as Huawei and its collaborators are trying to develop their own EUV systems, experts think it’d take just as long to set up a similar ecosystem—maybe even with access to some older tech that’s already been developed. Notebook Check