Advanced Television

M&A

Liberty Global, Vodafone merge Dutch operations

After months of ‘on-off’ speculation and recent confirmation that possible merger talks had recommenced, Liberty Global and Vodafone have confirmed they are to merge their Dutch operations in a 50-50 joint venture they say will create a national unified communications provider in the Netherlands with complementary strengths across video, broadband, mobile and B2B services. They […]

February 16, 2016By Colin Mann

Paraguay: Millicom to acquire TV Cable Paraná

Millicom has boosted its cable expansion plans with the announcement that it will acquire TV Cable Paraná, the leading cable platform in Ciudad del Este, Paraguay’s second largest city. The transaction is subject to regulatory approval. Millicom’s Home brand Tigo Star already provides pay-TV and broadband in most other urban regions in Paraguay. Tigo is […]

February 15, 2016

United Internet takes 25.1% stake in Tele Columbus

German cable MSO Tele Columbus has revealed that German Internet services company United Internet has acquired a stake of 9.8 per cent in Tele Columbus’s issued share capital, and signed an agreement to acquire a further 15.31 per cent stake, subject to antitrust approval. If approval is granted, United Internet would hold a 25.11 per […]

February 11, 2016

Eutelsat/Viasat JV raises M&A questions

February 9th saw a major announcement from Eutelsat and California-based ViaSat which sees the two satellite operators coming together in a strategic partnership designed to promote and develop satellite-delivered broadband over Europe. One well-placed analyst thinks it could be the harbinger of even greater co-operation between the two, and even mentions the possibility of a […]

February 11, 2016By Chris Forrester

Opera agrees €1.1bn Chinese takeover

Consumer Internet and mobile advertising company Opera Software has reached an agreement with Golden Brick Silk Road (Shenzhen) Equity Investment Fund II LLP whereby Golden Brick, as part of a Consortium, will launch, through a directly or indirectly wholly owned special purpose vehicle, a recommended voluntary cash offer for 100 per cent of the shares […]

February 10, 2016

Coalition files anti-Mega Cable submission

Following two meetings held with the Federal Communications Commission on February 5th, the Stop Mega Cable Coalition – a diverse group of public interest groups, media and telecommunications businesses, programmers, labour and other concerned parties united in the belief that the merger of Charter Communications, Time Warner Cable and Bright House Networks presents significant harms […]

February 10, 2016By Colin Mann

P.E. buys into Videocon d2h

Private equity investor WestBridge CXrossover Fund has acquired a 5.2 per cent stake in Mumbai’s (but Nasdaq-listed) digital broadcaster Videocon d2h. WestBridge announced in a disclosure to the US Securities and Exchange Commission that it owned 5,445,311 shares of Videocon d2h, the direct-to-home (DTH) arm of Videocon Group. The deal pushed up shares of Videocon […]

February 9, 2016By Chris Forrester

Canal+, beIN SPORTS deal looks on

It seems a deal between Vincent Bolloré’s Canal Plus Group and Qatari-controlled beIN SPORTS looks more certain than ever. French financial newspaper Les Echos is reporting that Bolloré met with France’s leading football club owners and managers to reassure them that an “alliance” between beIN and Canal Plus would not be a threat. Equity analysts […]

February 8, 2016By Chris Forrester

Millicom sells Congo business to Orange

Millicom has signed an agreement for the sale of its Tigo business in the Democratic Republic of Congo (DRC) to Orange. The transaction is subject to regulatory approvals. Millicom will sell 100 per cent of the share capital in Oasis SA for a total cash consideration of $160 million. Mauricio Ramos, CEO of Millicom said: […]

February 8, 2016

Lions Gate reaches for the Starz

Hollywood studio Lions Gate Entertainment has confirmed that it has renewed merger talks with entertainment TV network Starz. In a regulatory filing, Lions Gate – where John Malone is the largest voting shareholder – said it “intends to explore whether there is a potential mutually beneficial combination of the two companies”. In November 2015, Malone […]

February 4, 2016