SpaceX Hints at Starlink Debut in India by Urging Government to Start Approving Satellite Technologies

first_imgSpaceX also asked for “blanket licensing” to allow multiple identical satellite terminals for broadband connectivity and urged utilisation of Ka-band frequencies that is used by fixed satellite services systems including Starlink. Similarly, it asked the regulator to consider the potential of satellite operations in V- and E-band frequencies.On spectrum allocation, SpaceX suggested TRAI to prefer a band-splitting model among NGSO satellite operators.SpaceX successfully deployed the initial 60 Starlink Internet-beaming satellites in space in May last year. The company also expanded its footprint in satellite broadband space in February by launching 60 additional satellites. However, it is likely to face a tough fight with Amazon that announced an over $10 billion (roughly Rs. 74,487 crores) investment in a satellite broadband plan in late July.- Advertisement – Will Apple Silicon Lead to Affordable MacBooks in India? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts, Google Podcasts, or RSS, download the episode, or just hit the play button below. SpaceX, an American aerospace company owned by entrepreneur Elon Musk, has urged the Indian government to kick off approvals for satellite broadband technologies. The move is aimed at expanding SpaceX’s satellite Internet constellation Starlink to the country. SpaceX has expressed its interest in launching Starlink in India in a filing submitted with the Telecom Regulatory Authority of India (TRAI). The company said it was on track with constellation deployments for continuous Starlink coverage throughout India by the end of 2021.Responding to a TRAI consultation paper, SpaceX Vice President for Satellite Government Affairs Patricia Cooper said that new technologies like Startlink might require consideration of updated rules, policies, and regulation. She also recommended suggestions including the encouragement of technology-neutral broadband definitions and assigning already-allocation frequencies for the use of satellite systems.- Advertisement – – Advertisement – “Starlink’s early performance tests demonstrate that NGSO (Non-geostationary) satellite technology is clearly capable of meeting not only the current broadband definition, but also those increased criteria recommended by TRAI,” Cooper wrote in the filing dated September 21, which has just been brought into focus by MediaNama.SpaceX also noted while responding to questions put by TRAI that policies constraining or deterring the use of advanced satellite technologies such as Starlink might be a contributor to higher costs of fixed broadband and slower speeds of existing broadband services. The company additionally mentioned that terrestrial fixed wired and wireless technologies came with an “inherent infrastructure expense based on a cost per kilometre” that made it difficult to scale.“SpaceX does not require expensive ‘last-mile’ fibre lines in order to deliver reliable high-speed broadband,” Cooper said.- Advertisement –last_img read more

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Brisbane apartments taking longer to sell amid oversupply concerns

first_imgIT is now taking longer than ever to sell a unit in inner Brisbane amid concerns of a looming apartment oversupply.Apartments in Brisbane inner city suburbs are now languishing on average more than two months on the market, according to a report by Place Advisory.Director Lachlan Walker said that’s too long.Unit 8/85 Victoria Street, Windsor is for sale. Picture: realestate.com.au“77 days is a long time if you’re a seller,” Mr Walker said.The fastest selling suburbs for apartments in inner Brisbane are Windsor and Newmarket in the city’s inner north, with a median unit price of $437,500 and $405,000 respectively.Units there last about 49 days on the market — still 15 days longer than houses in the city’s fastest selling suburbs.Mr Walker said that was primarily because those suburbs had less apartment stock available.Proximity to the CBD and access to public transport and schools were also major drawcards.Averaging 52 days between listing and sale, Carina is the next fastest selling suburb for apartments, with a median price of $485,000.Mr Walker said the next twelve months would be the biggest Brisbane had seen when it came to apartment settlements.But he said buyers had become more cautious and were spending more time researching a property before jumping into the apartment market.“That’s definitely impacting the existing marketplace,” he said.“It’s almost a four-month period between the initial inquiry and purchase.”“We’ll have the biggest twelve months Brisbane has seen,” .The Reserve Bank of Australia has raised concerns about Brisbane’s apartment market, flagging potential tighter lending standards amid fears a looming oversupply.More from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor7 hours agoBIS Oxford Economics senior manager residential Angie Zigomanis said about 40 per cent of property owners who had bought units off-the-plan in Brisbane in the past five years were now reselling at a loss.BIS Oxford Economics expects 6,500 new apartments will be completed in inner Brisbane by the end of this financial year — doubling the record high set the year before.Based on the current pipeline, in 2017/18, the number of completed apartments is expected to peak at more than 9,000.Mr Zigomanis said this oversupply could translate to a drop in apartment prices of up to 20 per cent in the next few years.The big concern is whether the Brisbane market will be able to cope with the influx in rental stock, particularly with unemployment rising in the state.Queensland’s jobless rate is now the highest in the country — surging from 6.3 per cent in January to 6.7 per cent last month, according to the latest Australian Bureau of Statistics figures.“That’s the one thing holding us back,” Mr Walker said.“We’re all holding our breath.”last_img read more

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People moves: Former USS CIO to chair UK infrastructure fund (updated)

first_imgGresham House, BSIF, VFPK, PensionDanmark, VFPK, BPL Pensioen, Pensioenstichting Transport, GroupLife, Penvita, Mercer, VvV, Aegon, Willis Towers WatsonGresham House – Peter Moon is stepping down from the alternative asset manager’s board to become chairman of the investment committee of its patient capital fund for UK housing and infrastructure-related assets, the British Strategic Investment Fund (BSIF). Moon was chief investment officer of the now £60bn (€67bn) Universities Superannuation Scheme (USS) for 17 years, retiring in 2009. Before USS he used to manage investments at the British Airways Pension Scheme and the then National Provident Institution (now Phoenix Life). Moon joined the board of Gresham House in July 2014 and helped oversee the manager’s transformation under a new management team.He will be replaced on the board by Simon Stilwell, who joined Gresham House as a non-executive director this week. Stilwell was chief executive of Liberum, the investment bank he co-founded in 2007, until 2015.  The Royal County of Berkshire Pension Fund, which has a 20% stake in Gresham House, is a cornerstone investor in BSIF. The fund raised £150m in commitments from Berkshire and another UK local government pension scheme for a first close in June. Gary Steinberg, former CIO of the International Monetary Fund and the Wellcome Trust, has been working alongside Moon on the investment committee of the incipient fund.LGPS Central – Five new senior hires have been made by the asset management company set up to manage the £40bn of assets of nine Midlands-based local government pension schemes (LGPS). Mike Vinton joins as chief compliance and risk officer, Sharon Johal as general counsel, David Kane as head of finance, David Evans as investment director for passive equities and Adam Neilson as head of information technology. Vinton was most recently head of compliance and money laundering reporting officer at Nestlé Capital Management Limited, while Johal was previously head of legal at Kuwait Investment Office. They complete LGPS Central’s senior executive team, which also comprises Andrew Warwick-Thompson as CEO, John Burns as chief operating and financial officer, and Jason Fletcher as CIO.Verband der Firmenpensionskassen (VFPK) — The board of the association of German corporate pension funds has been reorganised following the death of its head, Peter Hadasch. Helmut Aden, member of the board of BVV, has succeeded Hadasch as chairman. Carsten Ebsen, of the Hamburg Pensionskasse, has taken over the role of first deputy chair and Andreas Hilka, member of the board of at the €7.9bn German Hoechst Pensionskasse, that of second deputy chairperson. Hilka is the newest member of the VFPK board, having been elected to his role in July. Aden has been a VFPK board member since 2006 and Ebsen since 2011. One of the founders of the VFPK, Hadasch died in October aged 64. PensionDanmark — Emilie Juel-Helwig has been appointed to the newly-created position of head of corporate sustainability at PensionDanmark, having been promoted from her job as personal assistant to the chief executive Torben Möger Pedersen.  The Danish pension fund explained that until now it has primarily worked with sustainability from an investor perspective. From now on, as head of corporate responsibility, Juel-Helwig will represent PensionDanmark on a broader sustainability agenda. This will include corporate social responsibility and the task of integrating the sustainability agenda and the UN’s Sustainable Development Goals into the pension fund’s core business.BPL Pensioen — Monique van der Poel has been appointed on the supervisory board (RvT) of the €16.6bn pension fund for the agricultural sector (BPL Pensioen). She will focus on communication, pension management and legal matters. Van der Poel is a pensions lawyer and is also a member of the RvT of the €780m industry-wide scheme for dental technicians (Tandtechniek).Pensioenstichting Transport – Jeroen Tuijp has been named as member of the supervisory board of the €1.1bn company pension fund of delivery firm DHL. Tuijp is actuary, adviser as well as supervisor at consultancy Edmond Halley.GroupLife — Penvita, which offers eduction for members of Dutch pension funds’ accountability bodies (VO) is to be fully taken over by GroupLife, a consultancy for pension fund strategy and education. Penvita’s founders Kees de Wit, former board member of the €8.6bn pension fund PWRI and Dick van Haaster, former employee chair of the €6.8bn sector scheme for painters and decorators (Schilders) remain tutor and adviser for the VO education business. GroupLife had already become co-owner of Penvita earlier this year.Mercer — The consultancy has appointed Tony Miller as leader, investment sales solutions in the Netherlands as of 1 January, becoming responsible for the asset management sales strategy for pension funds and insurers. Tiller joins from LGT Capital Partners where he is head of sales for Benelux. Prior to this, he worked at ING Investment Management. Tiller is to co-operate with Jacco Maters, who will head Mercer’s financial sector clients team. In addition to actuarial pensions advice, Mercer is increasing its focus on asset-liability management (ALM) as well as investment services.VvV—Willem van Duin, executive chairman of Achmea, has been named as new chair of the Dutch Association of Insurers (VvV) as of 20 June 2018 for a two-year period. He will succeed David Knibbe, chief executive of Nationale-Nederlanden, who has been the VvV’s chair since December 2015.Aegon – William Connelly is to become chairman of the supervisory board of the Dutch provider of life insurance, pensions and asset management services. He will replace Robert Routs, who has decided to step down at company’s next annual general meeting in May. Routs will have served on the board for 10 years by then. Connelly, a French national, has been a member of the supervisory board since May last year. Connelly’s appointment as chairman has been approved by the Dutch central bank. Willis Towers Watson – Alberto Gallego has been named head of Iberia, a role he will continue alongside that of head of corporate risk and broking for western Europe. He starts his new role in January, replacing Anton Serrats, who will take on the role of vice president of Willis Towers Watson Iberia. Gallego joined the consultancy in 1990 and has held several senoir leadership positions since then.last_img read more

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AFCON2019: Pote shots leave Ghana hot in Benin draw

first_imgGhana Black Stars became the only AFCON 2019 favourite to walk down the tunnel with a point after the first round of matches.A draw fit for the script. This is the fourth drawn game in last six matches between the two sides. Ghana and Benin not only share the points but also the victories with each team winning one apiece. So when Benin ambassador to Ghana said the two teams are equally strong, she was a biased patriotic. She was a correct pundit.Pay no attention to a FIFA ranking that places Ghana at 50 and Benin at 83. Or to the fact that it’s been nine years since Benin got here at AFCON.The Squirrels didn’t look rusty after this long absence and it took a little more than 60 seconds to announce their presence. Ghana’s defensive line was as high as the centre circle when a Beninois player’s arrowed pass split the defence, leaving Pote a chance to marginally outsprint two defenders, John Boye and Lumor Agbenyenu. A Pote shot suddenly left Ghana hot. Forget rusty. This was feisty. Inside the poorly spectated stadium in Ismailia, a motely Beninese crowd shouted goal in Egypt. Remotely, just outside my window, Ghanaian fans screamed the word too.Minutes later a Beninese player tore off Thomas Partey in trying to wrestle him off the ball. The torn shirt perhaps symbolised how the defence was torn quickly and in a sense how Ghanaian support for the Stars has been torn apart gradually.But before the country would get sucked into what former President John Mahama described as the “vortex of cynicism”, captain Dede Ayew silenced the made-in-Ghana opposition.Adams from deep found Jordan Ayew locking on to his long searching pass to the right. The Crystal Palace striker cut in to find Atsu inside the box but it ricocheted off a defender’s leg and fell quite clumsily to Dede Ayew. Slanting his body backwards some degrees away from 90, he gave his left leg enough room to cut a low shot into the near post.Kwesi Appiah fielded a 4-2-3-1 team that was happy to run down the wingers to latch on to Stoke City-style passes from deep.In Thomas Agyepong and Christian Atsu, the Black Stars had speedsters for the squirrels to play catch-me-if-you-can. It was a plan that did not go unmatched by the Squirrels, a name associated with speed anyway.The Benin team funnelled their goal-scoring ideas down the right with full back Moise Adilehou usually having acres of space to sling in crosses. But Ghana’s success came through the middle actually. The second goal, a repeated reliable template of the first. This time Partey sitting deep, let off a long pass that for a moment reduced all the other 19 players into watching a duel for the ball between Jordan and Veron with the Benin defender favourite to snuff out the pass as Jordan man-marked.But Veron let himself down by poor ball control as it squirmed past under his boot to give Jordan with a bonus question of how to beat the keeper. He swivelled on the ball to find it on his stronger foot and bludgeoned it into the top corner of the near post.Ghana ended the half on a high with that strike, reasonably content that the Black Stars wouldn’t have to stew over the early goal as they head into the break.Second halfThe Ghanaians looked good enough to hold this lead in the second half. They did. That red card for John Boye will single out the player for unforgiving Ghanaian criticisms. He had picked a yellow for sticking out his leg hastily. This time, he got another for not sticking out his leg more quickly. Boye felt it necessary to play time-wasting antics quite associated with north African teams. He waited on the ball only to dummy everybody and invite the keeper to spray a pass.The Tunisian referee was unenthused by this 53rd minute antics. John was off. And the Benin players must have smelled blood in the team muzzled by one man down.Not that the Black Stars were overawed. Ghanaian teams are quite drilled much more in the art of defending than attacking – notoriously called the one-goal project.And with this Beninois team, their attack carried no fame or instilled no fears. If there had to be an equaliser, it would have to be something special or quick as pulling a rabbit from a hat. They chose quick. A hastily taken corner in the 63rd minute did not allow the Black Stars to arrange their defending corner tactic. Unsettled by a quick pass to Pote inside the penalty box, the players dashed towards the threat. Pote was quick to turn the ball inside the net via a slight deflection as the squirrels stole an equaliser much like how the medium-sized rodent steals a chestnut.Forwards David Djigla’s 82-minute shot and Steve Mounie’s 90-minute header would feel for the Beninois a lost opportunity to win their first-ever game at an AFCON after four appearances.But they would have to wait to try again on Guinea-Bissau who lost their opening game to defending champions Cameroon. Ghana, well, their Ismailia base is about 120 kilometres from the capital, Cairo, where the finals will be played. Quite a distance to travel and a draw even makes that 120 km journey a long road away.last_img read more

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Nikola Jokic helps Nuggets hold on for win over Clippers

first_imgDENVER >> Nikola Jokic had 20 points and 15 rebounds, and the Denver Nuggets withstood a big rally to beat the Los Angeles Clippers 114-104 on Sunday night.Trailing by as many 20 points in the second half, Los Angeles had pulled within six with 1:11 remaining when Patrick Beverley was called for a foul on Jokic. Clippers coach Doc Rivers was incensed over the call and was given two technical fouls and tossed from the game. Jamal Murray hit both free throws to give the Nuggets some much-needed breathing room.Murray finished with 19 points and reserve Michael Porter Jr. provided a spark by scoring 13 as the Nuggets bounced back from a loss to struggling Cleveland the night before at the Pepsi Center. Denver has yet to drop back-to-back home games this season. Newsroom GuidelinesNews TipsContact UsReport an Error PreviousDenver Nuggets forward Jerami Grant (9) is fouled by Los Angeles Clippers guard Lou Williams (23) during the third quarter of an NBA basketball game, Sunday, Jan. 12, 2020, in Denver. (AP Photo/Jack Dempsey)Denver Nuggets guard Will Barton (5) shoots against Los Angeles Clippers center Ivica Zubac (40) during the first quarter of an NBA basketball game, Sunday, Jan. 12, 2020, in Denver. AP Photo/Jack Dempsey)Los Angeles Clippers forward Kawhi Leonard (2) shoots against Denver Nuggets forward Jerami Grant (9) during the first quarter of an NBA basketball game, Sunday, Jan. 12, 2020, in Denver. AP Photo/Jack Dempsey) SoundThe gallery will resume insecondsLos Angeles Clippers forward Kawhi Leonard (2) drives to the basket against Denver Nuggets forward Jerami Grant (9) during the first quarter of an NBA basketball game, Sunday, Jan. 12, 2020, in Denver. (AP Photo/Jack Dempsey)Denver Nuggets guard Jamal Murray reacts after being fouled during the first quarter of an NBA basketball game against the Los Angeles Clippers, Sunday, Jan. 12, 2020, in Denver. AP Photo/Jack Dempsey)Los Angeles Clippers guard Patrick Beverley (21) argues a call with referee Nick Buchert (3) during the second quarter of an NBA basketball game against the Denver Nuggets, Sunday, Jan. 12, 2020, in Denver. (AP Photo/Jack Dempsey)Los Angeles Clippers forward Montrezl Harrell (5) grabs a rebound from Denver Nuggets forward Michael Porter Jr. (1) during the second quarter of an NBA basketball game, Sunday, Jan. 12, 2020, in Denver. (AP Photo/Jack Dempsey)Los Angeles Clippers forward Kawhi Leonard (2) drives past Denver Nuggets forward Torrey Craig (3) during the second quarter of an NBA basketball game, Sunday, Jan. 12, 2020, in Denver. (AP Photo/Jack Dempsey)Los Angeles Clippers head coach Doc Rivers argues a call during the second quarter of an NBA basketball game against the Denver Nuggets, Sunday, Jan. 12, 2020, in Denver. (AP Photo/Jack Dempsey)Los Angeles Clippers forward Kawhi Leonard (2) shoots under pressure from Denver Nuggets forward Torrey Craig (3) and Jamal Murray (27) during the second quarter of an NBA basketball game, Sunday, Jan. 12, 2020, in Denver. (AP Photo/Jack Dempsey)Denver Nuggets guard Will Barton (5) passes between Los Angeles Clippers center Ivica Zubac (40) and Patrick Patterson (54) during the second quarter of an NBA basketball game, Sunday, Jan. 12, 2020, in Denver. (AP Photo/Jack Dempsey)Denver Nuggets head coach Michael Malone argues a call during the second quarter of an NBA basketball game against the Los Angeles Clippers, Sunday, Jan. 12, 2020, in Denver. (AP Photo/Jack Dempsey)Los Angeles Clippers forward Maurice Harkless (8) is fouled by Denver Nuggets guard Will Barton (5) during the second quarter of an NBA basketball game, Sunday, Jan. 12, 2020, in Denver. (AP Photo/Jack Dempsey)Los Angeles Clippers forward Kawhi Leonard (2) drives past Denver Nuggets forward Jerami Grant (9) during the second quarter of an NBA basketball game, Sunday, Jan. 12, 2020, in Denver. (AP Photo/Jack Dempsey)Denver Nuggets center Nikola Jokic (15) drives his head into Los Angeles Clippers center Ivica Zubac (40) during the second quarter of an NBA basketball game, Sunday, Jan. 12, 2020, in Denver. (AP Photo/Jack Dempsey)Denver Nuggets forward Michael Porter Jr. (1) goes up for a shot against Los Angeles Clippers forward Montrezl Harrell (5) during the third quarter of an NBA basketball game, Sunday, Jan. 12, 2020, in Denver. (AP Photo/Jack Dempsey)Denver Nuggets center Nikola Jokic (15) drives past Los Angeles Clippers guard Rodney McGruder (19) during the third quarter of an NBA basketball game, Sunday, Jan. 12, 2020, in Denver. (AP Photo/Jack Dempsey)Denver Nuggets forward Jerami Grant (9) is fouled by Los Angeles Clippers guard Lou Williams (23) during the third quarter of an NBA basketball game, Sunday, Jan. 12, 2020, in Denver. (AP Photo/Jack Dempsey)Denver Nuggets guard Will Barton (5) shoots against Los Angeles Clippers center Ivica Zubac (40) during the first quarter of an NBA basketball game, Sunday, Jan. 12, 2020, in Denver. AP Photo/Jack Dempsey)NextShow Caption1 of 17Denver Nuggets guard Will Barton (5) shoots against Los Angeles Clippers center Ivica Zubac (40) during the first quarter of an NBA basketball game, Sunday, Jan. 12, 2020, in Denver. AP Photo/Jack Dempsey)Expand Denver had quite a sequence midway through the fourth when Will Barton blocked a shot and Jokic grabbed the rebound. He quickly threw it ahead to Barton, who then dished it off to Monte Morris for a 3-pointer.Soon after, the Clippers went on a 10-0 run and was looking for more when Harrell was called for an offensive charge when he stepped in front of Jerami Grant, who was guarding Leonard. That didn’t sit well with the Clippers.TIP-INSClippers: George remained back in Los Angeles to receive more treatment on his hamstring. “We’ll just keep evaluating,” Rivers said when asked about an update. … Considered day to day with a knee injury, F JaMychal Green played more than 17 minutes and scored two points.Nuggets: F Paul Millsap missed a third straight game with a bruised left knee. … The Nuggets outrebounded the Clippers. They’re 18-2 when outrebounding a team. … Morris finished with 12 points.PLAY LOOSENuggets coach Michael Malone wants to see his team play more free when facing a team such as Cleveland, which had nothing to lose in picking up its 12th win Saturday night.“Not once have I ever pulled a guy out from making a mistake or missing a shot,” Malone said. “Play as hard as you can, that’s a great starting place. Just play hard. After you play hard, we can … find a way to play free.”DEFENDING JOKICRivers said the 7-foot Jokic presents a difficult challenge given his versatility.“Post-ups, he’s great. Passing, he’s great. Shooting, he’s great,” Rivers said. “Not a lot of weaknesses there. Just got to guard him hard.”UP NEXTClippers: Host Cleveland on Tuesday. Have won three in a row at home over the Cavaliers.Nuggets: Close out a three-game homestand Wednesday against Charlotte. Kawhi Leonard scored 30 for Los Angeles. Lou Williams had 26 and Montrezl Harrell added 25.The Clippers played without star forward Paul George, who missed a second straight game with a strained left hamstring. Los Angeles dropped to 8-6 this season when George doesn’t play.This game marked the first of three between two of the upper echelon teams in the Western Conference.Gary Harris showed signs of breaking out of a shooting slump by scoring 15 points. He’s been diligently working on his jumper after shooting 25.6% over his last four games. He was 5 of 9 against the Clippers.The Nuggets extended their lead to 89-69 with 1:26 remaining in the third quarter on Porter’s floating layup.last_img read more

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