Lynk Global

Slam Corp. and Lynk Global, Inc. Announce Definitive Business Combination Agreement

Retrieved on: 
Monday, February 5, 2024

(“Lynk”), the world’s leading satellite-direct-to-standard-phone (“sat2phone”) telecoms provider, and Slam Corp. (NASDAQ: SLAM), a special purpose acquisition company (“Slam”), today announced that they have entered into a definitive business combination agreement (the “Business Combination Agreement”) under which Slam will combine with Lynk.

Key Points: 
  • (“Lynk”), the world’s leading satellite-direct-to-standard-phone (“sat2phone”) telecoms provider, and Slam Corp. (NASDAQ: SLAM), a special purpose acquisition company (“Slam”), today announced that they have entered into a definitive business combination agreement (the “Business Combination Agreement”) under which Slam will combine with Lynk.
  • Charles Miller added, “Through our proposed business combination with Slam, we believe Lynk will be well-positioned to raise capital through several avenues.
  • Under the terms of the business combination agreement, the transaction values Lynk at a pre-money enterprise value of $800 million.
  • Additional information about the proposed Business Combination will be described in the Registration Statement relating to the proposed Business Combination, which Slam and Lynk Global Holdings, Inc. (“Topco”), a holding company formed to complete the Business Combination, will file with the SEC.

Rogers Communications Reports Fourth Quarter 2023 Results; Announces 2024 Financial Guidance

Retrieved on: 
Thursday, February 1, 2024

These are not standardized financial measures under International Financial Reporting Standards (IFRS) and might not be comparable to similar financial measures disclosed by other companies.

Key Points: 
  • These are not standardized financial measures under International Financial Reporting Standards (IFRS) and might not be comparable to similar financial measures disclosed by other companies.
  • Consolidated adjusted EBITDA increased 39% this quarter and our adjusted EBITDA margin increased by 340 basis points, as a result of improving synergies and efficiencies.
  • These are not standardized financial measures under IFRS and might not be comparable to similar financial measures disclosed by other companies.
  • The following table outlines guidance ranges that we had previously provided and our actual results and achievements for the selected full-year 2023 financial metrics.

QUEST WATER GLOBAL PROVIDES CORPORATE UPDATE

Retrieved on: 
Tuesday, December 12, 2023

VANCOUVER, CANADA, Dec. 12, 2023 (GLOBE NEWSWIRE) -- QUEST WATER GLOBAL, INC. (OTC Pink: QWTR) ("Quest" and/or the "Company"), provides the following corporate update.

Key Points: 
  • VANCOUVER, CANADA, Dec. 12, 2023 (GLOBE NEWSWIRE) -- QUEST WATER GLOBAL, INC. (OTC Pink: QWTR) ("Quest" and/or the "Company"), provides the following corporate update.
  • The Company is also pleased to announce that it has entered into a strategic business relationship with Lynk Global, Inc. (“LGI”), a global satellite direct-to-mobile service provider.
  • Quest’s AQUAtapTM technology provides clean drinking water to rural communities by allowing the purchase of water through its online mobile payment application that requires mobile connectivity for processing the payment.
  • This venture will expand access to clean water to under-resourced markets on a global scale utilizing Lynk’s satellite-to-mobile-phone network.

Lynk Signs Letter of Intent to Become Publicly-Listed, Leading Satellite-to-Phone Company Through a Business Combination with Slam Corp.

Retrieved on: 
Monday, December 18, 2023

Lynk Global, Inc. (“Lynk”), the world’s leading satellite-direct-to-standard-phone (“sat2phone”) telecoms provider, and Slam Corp. (NASDAQ: SLAM), a special purpose acquisition company (“Slam”), today announced that they have signed a non-binding letter of intent (“LOI”) for a potential business combination.

Key Points: 
  • Lynk Global, Inc. (“Lynk”), the world’s leading satellite-direct-to-standard-phone (“sat2phone”) telecoms provider, and Slam Corp. (NASDAQ: SLAM), a special purpose acquisition company (“Slam”), today announced that they have signed a non-binding letter of intent (“LOI”) for a potential business combination.
  • Lynk partners with wireless providers and mobile network operators (“MNOs”) to deliver connectivity to their customers through their existing mobile devices.
  • Alex Rodriguez, Chief Executive Officer of Slam, said, "Lynk has built a truly global platform that is set to revolutionize the satellite-direct-to-phone sector.
  • Lynk and Slam intend to finalize their definitive business combination agreement (the “Business Combination”) in the coming weeks and will announce additional details at that time.

Rogers Communications Reports Second Quarter 2023 Results

Retrieved on: 
Wednesday, July 26, 2023

2 Guidance ranges presented include the results of the acquired Shaw business from and after the closing on April 3, 2023.

Key Points: 
  • 2 Guidance ranges presented include the results of the acquired Shaw business from and after the closing on April 3, 2023.
  • Announced plans to modernize and expand the cellular network in the Toronto subway system (TTC) through the acquisition of BAI Communications' Canadian operations (BAI Canada) on April 24, 2023.
  • As a result of the Shaw Transaction closing this quarter, our debt leverage ratio has increased to 5.14 as at June 30, 2023.
  • We also returned $252 million in dividends to shareholders this quarter and we declared a $0.50 per share dividend on July 25, 2023.

Lynk Demonstrates First-Ever Two-Way Standard Phone Voice Calls by Satellite

Retrieved on: 
Tuesday, July 25, 2023

Lynk Global, Inc., the world’s leading sat2phone telecoms provider, today released the first-ever video of a series of two-way voice calls between standard-mobile-phones connected via satellite.

Key Points: 
  • Lynk Global, Inc., the world’s leading sat2phone telecoms provider, today released the first-ever video of a series of two-way voice calls between standard-mobile-phones connected via satellite.
  • The video shows multiple voice calls using standard mobile phones connected via Lynk’s existing satellite-cell-towers in orbit.
  • Today we are doing the same for two-way voice calls.”
    “Today’s news goes to the heart of our mission to connect everyone, everywhere,” noted Tyghe Speidel, CTO and co-founder at Lynk.
  • “With initial service now underway in Palau for SMS messaging, and with other countries to follow this year, the Lynk team is thrilled to demonstrate voice call capabilities.

Rogers Partners With Lynk Global to Bring Satellite-to-Phone Coverage to Canadians

Retrieved on: 
Wednesday, April 26, 2023

TORONTO, April 26, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc. today announced it is partnering with Lynk Global to test and bring satellite-to-phone connectivity across Canada to ensure Canadians can access a wireless connection, no matter where they are. 

Key Points: 
  • Rogers will begin to expand satellite-to-phone coverage in 2024 across Canada’s most remote regions and rural highways not covered by any wireless networks.
  • To bring satellite-to-phone coverage across Canada, Rogers has conducted successful technical tests with Lynk satellites in remote British Columbia and will start testing in Atlantic Canada.
  • That’s why Lynk is thrilled to partner with Rogers to help bring continuous wireless coverage to Canadians,” said Charles Miller, Lynk CEO and co-founder.
  • “Rogers is the ideal partner for Lynk because of the company’s strong, national spectrum holdings and national wireless networks.

Dan Dooley, Former President of Sprint, Joins Lynk as Chief Commercial Officer

Retrieved on: 
Tuesday, July 27, 2021

Lynk Global Inc. , the world's only independently verified space-based mobile network connectivity provider accessible directly from standard mobile phones, today announced that global telecom executive, Dan Dooley , has joined the company as chief commercial officer (CCO).

Key Points: 
  • Lynk Global Inc. , the world's only independently verified space-based mobile network connectivity provider accessible directly from standard mobile phones, today announced that global telecom executive, Dan Dooley , has joined the company as chief commercial officer (CCO).
  • Dooley has held senior executive positions at leading telecom corporations, including serving as a president at Sprint.
  • His most recent experience was in the roaming market as chief revenue officer with Tomia, and prior to that as President at Transaction Network Services.
  • Lynk has applied for a commercial operators license from the FCC and anticipates beginning global commercial services next year following FCC approval.