January 12th sees Sky close its share register as far as the 10 pence special dividend is concerned for shareholders trading in Sky shares. This means that today (January 11th) is when Sky’s shares go ‘ex-dividend’ as far as shareholder pay-out is concerned for this past year’s trading. This has prompted equity analysts at investment bank […]
Swedish multiplay telco Tele2 and multiplay broadband operator Com Hem have agreed to merge, creating a leading integrated connectivity provider. The Merger will be implemented by Tele2 absorbing Com Hem. The pair say the combination of two highly complementary businesses will create a leading integrated operator by combining an award-winning mobile network with the fastest […]
The RTL Group has acquired United Screens, the leading multi-platform network (MPN) in the Nordic countries. The investment sees the RTL Group expand its footprint as the leading European media company in online video. Since its foundation in late 2013, United Screens has shown excellent growth. Based on a hand-picked premium selection from many of […]
An analyst report suggests that tech giant Apple could be preparing a bid for SVoD giant Netflix. Analysts at Citi claim that there is a “40 per cent chance” that Apple could buy Netflix as a consequence of increased cash reserves following President Donald Trump’s corporate tax cuts. Apple would also get a huge cash […]
Concurrent has closed the previously-announced sale of its content delivery and storage business to Canada-based Vecima Networks for $29 million (€24m) in cash. Effective immediately, the Company has changed its name to “CCUR Holdings”. It will continue to trade on the NASDAQ market under the symbol “CCUR”.
Reports from Wall Street suggest that entertainment technology and audience insights specialist TiVo might be in play. Numerous reports say that private equity buyers are looking at TiVo and its valuable royalty assets. December 29th saw its share price rocket by 11.4 per cent to $14.05 (€11.67) although this price remains well down on its position […]
Suggesting the newly-listed company is well-positioned to leverage world-class technology, innovation and scale, Liberty Latin America, which has telecommunications operations in Chile, Puerto Rico, the Caribbean and other parts of Latin America, has completed its previously-announced split-off from international TV and broadband company Liberty Global and its launch as an independent, publicly-traded company. Following the […]
Troubled specialist satellite operator Avanti used the Christmas break to issue its slew of bad news contained within its end-of-year results. December 27th saw the statement unveiled, for its trading year to June 30th. Revenues for the year were just $56.6 million (€47m), down a dramatic $26.2 million on the already worrying 2016 revenues of […]
The Wall Street Journal is reporting that Saudi Arabia wants $6 billion from Prince Alwaleed bin Talal in order to free him from detention. Bloomberg’s ‘Billionaire Index’ says that the Prince is the 57th richest person in the world, but despite his commercial clout, has been held in the now infamous Riyadh Ritz Carlton hotel […]
International TV and broadband company Liberty Global has reached an agreement to sell its Austrian operations, UPC Austria, to Deutsche Telekom unit T-Mobile Austria. At September 30th, 2017, UPC Austria’s network passed 1.4 million homes and served 654,000 customers who subscribed to 513,000 broadband, 450,000 voice and 468,000 video services. Liberty Global will sell UPC […]