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UK takes a bullet for BT

A number of headlines today advise that BT has dodged a bullet as Ofcom has not forced it to sell Openreach. The market agrees, and BT shares picked up 3…

EchoStar’s Hughes taps market for $1bn

Hughes Satellite Systems, a subsidiary of EchoStar Corp, is looking to raise up to $1 billion by issuing senior secured notes. Hughes says the net proceeds of the exercise will…

Record $2bn AR/VR investment in last 12 months

Record $2bn AR/VR investment in last 12 months

Pokémon Go isn’t the only breakout Augmented/Virtual Reality (AR/VR) success this year. Early stage VCs and corporates invested a record $2 billion (€1.8bn) into AR/VR startups in the last 12…

VoD is investment opportunity for European telcos

The availability of fast fixed and mobile next generation networks has significantly changed video consumption habits in Europe, driving mobile video, on-demand video and multi-screen viewing, according to insight from…

UK mounts ‘Spaceport’ feasibility studies

The UK government has awarded 5 businesses with feasibility study contracts, worth in total £1.5 million, (€1.8m) to a group of industrial operations in order to evaluate the practicality of…

Accedo $10m funding, new Chairman

Accedo, the video experience pioneer, has partnered with SEB Private Equity, a Stockholm based private and growth equity fund, to accelerate its growth and further position itself as a Video…

Channel 4 invests in Readly

Channel 4 invests in Readly

Channel 4 has made its fourth deal from its Commercial Growth Fund, striking an airtime-for-equity arrangement with digital magazine newsstand, Readly. As part of the new seven-figure partnership, Readly will…

Videocon d2h welcomes India media investment changes

India’s Prime Minister Narendra Modi-led NDA government has increased the ceiling on Foreign Direct Investment (FDI) in the media sector as part of its continuing reform exercise to attract more…

Finland’s YLE funding frozen

Finland’s government is freezing public broadcaster YLE’s annual revenues. The government blames the economic situation. The government says that YLE should also be saving money by buying in more foreign…

Third of Irish adults would ditch TV licence

Irish adults are considering scrapping their TV licences as online TV viewing increases, Pure Telecom has found. The telco commissioned a survey that revealed more than one-third of adults would…

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