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Greece: Forthnet considering bond sale

Forthnet, Greece’s largest pay-TV provider, is speeding up talks with creditors on refinancing, according to CEO Panos Papadopoulos. The company, which is the subject of two separate bids from Deutsche…

Telefónica closes Canal Plus acquisition

Spain’s Telefónica has formally completed the purchase of a 56 per cent stake in pay-TV platform Canal Plus following clearance from competition authority CNMC two weeks previously. Telefónica will ultimately…

EE Q1 down as BT takeover nears

EE Q1 down as BT takeover nears

EE, the UK’s biggest mobile phone operator, saw its operating revenue decline 1.1 per cent to £1.469 billion in the first quarter. The drop follows a 1.4 per cent fall…

Comcast drops Time Warner merger

Comcast drops Time Warner merger

Comcast has pulled its $45 billion bid for Time Warner Cable after failing to convince regulators that a deal that would have been beneficial the US media and Internet landscape.…

Telefónica-Canal Plus takeover approved

The acquisition by Telefónica of a 56 per cent stake in pay-TV platform Canal Plus has been approved by Spanish competition authority CNMC, albeit with several conditions. Telefónica will have…

ARRIS buys Pace for $2.1bn

ARRIS buys Pace for $2.1bn

In a further consolidation of the broadband and pay-TV technology sector, ARRIS is buying Pace for $2.1 billion (€1.96 billion) in cash and stock. The acquisition is expected to be…

Telenet to buy KPN unit for €1.3bn

Cable telecoms company Liberty Global’s Belgian subsidiary Telenet has agreed to buy local mobile network operator Base from Dutch group KPN for €1.325 billion. For Liberty Global, Europe’s biggest cable…

Comcast-TWC hope to assure DoJ

Comcast and Time Warner Cable meet with the US Justice Department this week to try allay antitrust concerns of officials about their merger. The $45 billion deal would give Comcast-TWC…

Nokia and Alcatel-Lucent merge

Nokia and Alcatel-Lucent merge

Nokia and Alcatel-Lucent have announced their intention to combine to create an innovation leader in next generation technology and services for an IP connected world. The two companies have entered…

ARRIS, Charter acquire ActiveVideo

ARRIS Group and Charter Communications have established a joint venture that has agreed to acquire ActiveVideo for approximately $135 million. ARRIS will own 65 per cent of the joint venture…