Category archives for: Broadband

Pakistan cancels 425 cable licences

BBC Monitoring is reporting that Pakistan’s Electronic Media Regulator Authority (PEMRA) has approved the cancellation of 425 cable TV licences across the country. PEMRA made the decision at a meeting on January 16th. PEMRA says many of the licences were dormant, or were in default. “There were total of 3,600 PEMRA licensed cable operators across the country; however, after cancellation […]

O3b adds key Pacific clients

O3b, the satellite-by-broadband constellation that aims to reach ‘the other 3 billion’ people who have little or no access to Internet services, has added some important Pacific clients. It is now saying that O3b is the largest provider of satellite capacity over the Pacific region. Norfolk Telecom, situated halfway between Australia and New Zealand, and which has been testing its […]

Goldman Sachs acquires Hathway Cable stake

Goldman Sachs is busy buying up stakes in India’s cable industry. It has already bought into DEN Networks having paid $110 million. Now it has acquired 4.8 per cent of Hathway Cable & Datacom, paying $8.5 million (Rupees 526 million) for the holding, which represents 8.1 million shares.  Goldman Sachs already holds a 17.8 stake in DEN. The bank’s move […]

UK teenager arrested for PS, Xbox DoS

xboxone

A UK man has been arrested as part of an investigation into DoS attacks on Sony Playstation and Xbox systems over Christmas. The 18-year-old was arrested at an address in Southport, near Liverpool.  He is accused of unauthorised access to computer material and knowingly providing false information to law enforcement agencies in the US.  The investigation was a joint operation […]

Ofcom tells BT to offer rivals better margin

BTtower

BT could be forced to raise its broadband prices or cut the charges for rivals to use its network under tough tests being proposed by regulator Ofcom. The new rules are designed to ensure that BT cannot exploit its market position against Sky and TalkTalk. For now, Ofcom judges that BT’s retail and wholesale prices comply with the new test. […]

Shaw Cable profit dips

Canada’s lead cable TV operator Shaw Communications Inc reported a 7 per cent drop in first-quarter profit, hurt mainly by a fall in video subscriptions. The company’s net income fell to C$227 million ($189.72 million), for the three months ended November 30, from C$245 million. Revenue rose 2 per cent to C$1.39 billion. During the quarter, the company lost 18,372 […]

South Korea C&M cable for sale


The private equity owners of South Korean cable group C&M have instructed Goldman Sachs to begin seeking buyers this week after seven years of ownership, hoping that fierce competition among rival operators could lead to a valuation as high as $3 billion. MBK, a South Korean private equity firm founded by former Carlyle Group managers, leads a consortium that has […]

EC seeks views on UHF spectrum use

The European Commission is launching a public consultation on how to use the Ultra High Frequency (UHF) spectrum (the 700 MHz) band) most effectively in the coming decades. The Commission is seeking views on the options proposed by Pascal Lamy, in September 2014 At the moment, the 700 MHz band is mostly used for broadcasting and wireless microphones. The broadband […]

Tele Columbus sets IPO price range

Tele Columbus, Germany’s third largest cable network operator, has revealed further details on its initial public offering. The price range for the offered shares has been set at €8 to €12 per share. The offer period will start on January 13th 2015 and is expected to end on January 21st 2015. The admission to trading on the regulated market (Prime […]

Activist demands new audit of KD, Voda deal

germany

Kabel Deutschland active shareholder Elliott Management has called for a new audit of Vodafone’s $11 billion takeover of the German cable company as the hedge fund seeks more money from the MNO. Elliot also called for a shareholder meeting in which Kabel Deutschland should explain an auditor’s report that said the acquisition undervalued the company. “The findings of the special […]

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