NEWS
GhangorCloud chosen to demonstrate at the 2023 G20 Summit
Enforcer and Compliance and Data Privacy Enforcement solutions .
“ We are extremely honored to have been selected to participate at this year ’ s G20 Mega Summit , which plays a key role in addressing the complex economic issues facing the world today ,” said Tarique Mustafa , CEO / CTO , GhangorCloud .
“ Being invited to this important global event firmly validates our mission as a company to ensure business resiliency as our increasingly growing digital economy and data-driven organizations demand the highest levels of compliance and data protection .”
Silicon Valley ’ s GhangorCloud was selected on nomination by the US Department of Commerce , as one of three cybersecurity vendors to demonstrate advanced capabilities at the 2023 G20 Summit in India .
G20 nations are prominent targets for cyberattacks due to their economic significance and political influence .
At the summit in August , GhangorCloud showcased its Information Security
Bhanu Panda , Co-founder and COO of GhangorCloud , who represented GhangorCloud at the Summit , said “ It is a great honor and recognition for GhangorCloud and our 4th Generation Cybersecurity technology .”
Intelsat completes C-Band spectrum clearing for 5G deployment
Intelsat , operator of one of the world ’ s largest integrated satellite and terrestrial networks and leading provider of inflight connectivity , will receive nearly $ 3.7 billion in the fourth quarter after completing C-band frequency clearing – providing future strategic opportunities for the company and its shareholders .
“ Intelsat ’ s C-band transition facilitates broader 5G services in the United States , while strengthening our financial position ,” said Dave Wajsgras , CEO , Intelsat .
“ We reached this milestone well ahead of expectations and I ’ m exceptionally proud of the Intelsat team and the hard work that led to this remarkable achievement .”
The FCC C-Band Transition Order set a deadline to clear the spectrum by December 2025 but offered incentive payments to satellite operators if cleared before December 2023 . With the validated certification now complete , Intelsat will receive accelerated relocation payments totaling $ 3.67 billion .
“ Half of these proceeds will be used to deleverage our balance sheet , consistent with our debt covenants , while the remainder provides Intelsat with various options to create value and opportunities for all of our stakeholders ,” Wajsgras said .
“ The Intelsat team is well positioned to remain a leader in the satellite communications industry as we continue transforming the company for the future .”
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