Category archives for: Cable

Vivendi accepts Numericable-SFR, Altice offer

Multinational cable and telecommunications company Altice, founded by telecoms entrepreneur Patrick Drahi, has entered into the final agreements with Vivendi regarding the acquisition of the 20 per cent stake Vivendi owns in France’s second-largest telco Numericable-SFR for a price of €40 per share. The transaction carried out via its subsidiary Altice France, and Numericable-SFR, follows approval by Vivendi’s Supervisory Board […]

Greenlight for Seven’s Presto deal

The Australian Competition and Consumer Commission has announced that it will not oppose the proposed acquisition of shares in the Presto Entertainment subscription video on demand (SVoD) service by Seven Network Operations, a subsidiary of Seven West Media, suggesting that competition and consumer choice in paid television services is increasing. Presto Entertainment provides subscribers with access to general entertainment content […]

Analyst: Cord-cutting evidence confused

Analyst firm MoffettNathanson’s comprehensive quarterly report on the US cable and satellite pay-TV sector, admits that on the surface “all is calm” insofar as subscriptions are up (by 101,000) during Q4/2014 but reminds readers that this always happens in the traditional pre-holiday Q4, so look at the trailing year and the actual number falls by a tiny 0.1 per cent […]

US pay-TV subs numbers ‘relatively static’

The informitv Multiscreen Index shows that the ten leading pay-television operators in the United States collectively lost 20,600 subscribers in the last quarter of 2014, compared to a loss of 45,000 the previous quarter. Over the year, they gained 82,200 subscribers, taking their combined total to 87.67 million. The cable operators collectively lost over 800,000 digital television subscribers in 2014, […]

Euskaltel considers IPO

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Spanish local cable operator Euskaltel is considering a float on the Stock Market to raise funds for growth. The company, with operations in the Basque Country, has hired Rothschild Bank to assess the process with a final decision to be made in June. Euskaltel, partly owned by private equity funds Trilantic and Invesindustrial, is seeking a listing as International investors […]

Comcast Chief: “2014 a great year financially”

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Comcast has reported results for the quarter and year ended December 31st 2014. Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation, said, “2014 was a great year financially, operationally, and strategically for Comcast NBCUniversal. We continued to execute incredibly well as we accelerated our innovation, launched new products, and brought amazing films, shows and theme park attractions […]

upc cablecom hits 1m Horizon customers

upc cablecom has welcomed its millionth Horizon customer. The Liberty Global multimedia platform was launched in Switzerland just over two years ago. The Horizon HD Recorder is also available in Germany, the Netherlands, Ireland and Poland. Together, these countries have now cracked the million mark. With the Horizon box and a new Samsung Curved TV in tow, Frank Zelger, Senior […]

Vivendi to sell Numericable-SFR stake?

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French media giant Vivendi says it has received a “binding offer” from Altice and Numericable-SFR for its remaining 20 per cent stake in Numericable-SFR, at a price of €40 a share, and equivalent to €3.9 billion. Vivendi’s Supervisory Board will make a decision on February 27th. However, the price on offer is almost 25 per cent lower than Vivendi’s current […]

Triple downgrades for US cable

One of the US’s major media research analysts has downgraded three major cable stocks and expressed anxiety about the threat of tough regulations on the sector, and in effect is applying its own ‘cord-cutting’ on the cable sector generally. Craig Moffett from MoffettNathanson downgraded Comcast, Time Warner Cable and Charter Communications to ‘Neutral’ saying it was time to reduce exposure. […]

MTG sells stake in Sappa

MTG has completed the sale of its 50 per cent stake in Swedish cable TV company Sappa to Finnish telecom operator Anvia for an enterprise value (on a 100 per cent basis) of SEK 135 million (€14m). Sappa delivers TV channel packages to 350,000 Swedish households through cable and IPTV networks. Sappa was founded as Svensk Program Agentur (SPA) in […]

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