The Belgian Competition Authority (BCA) has approved the planned takeover of Coditel Brabant SPRL and its subsidiary Coditel (together, “SFR BeLux”) by Telenet Group for €400 million. Under the brand name SFR (formerly Numéricable), SFR BeLux provides cable and mobile telephony services in Brussels, Wallonia and the Grand Duchy of Luxembourg. Now that the BCA […]
Giant cinema screen operator IMAX is reportedly letting go around 100 staff (some 14 per cent of its workforce) as part of a wider cost-cutting exercise. Entertainment trade mag Variety is reporting that IMAX says it is looking to make annual cash savings of about $20 million. The redundancies, which include staffers at its China […]
Snell Advanced Media (SAM), a global provider of integrated media production solutions, has appointed former Tandberg Television President Eric Cooney as President and Chief Executive Officer. Cooney has over 20 years of experience in the technology, media and telecommunications industry. He was CEO of Tandberg Television, leading its merger with Ericsson Group in 2007 and […]
Gavin Patterson, BT’s CEO, has expressed his fear that the UK’s exit from the European Union may have an adverse effect on the telco’s R&D capabilities. Noting that the telco is the third largest investor in R&D in the UK over the last 10 years (behind the two major pharmaceutical companies) and the world’s second […]
A new 400Gbps single-carrier based technology solution to transmit vast streams of data over core fibre-optic networks, the ‘motorways’ of the Internet, has been developed by researchers at the BT Labs in Adastral Park, Ipswich. BT is demonstrating the optical network technology at its Innovation Week 2017 event at Adastral Park which runs from 12th […]
Karen Bradley has retained her job as Secretary of State for Culture, Media and Sport following UK Prime Minister Theresa May’s reshuffling of portfolios following the UK General Election which saw her Conservative Party secure the most parliamentary seats, but not an overall majority. One of the most significant items requiring Bradley’s attention when she returns […]
Orange is strengthening its corporate venture strategy by creating a new Africa section in its flagship programme for investment in start-ups, Orange Digital Ventures. As part of this initiative, the Group is committing €50 million corresponding to half of the direct investments made via its new Orange Digital Ventures Africa programme; the other half is […]
It takes a brave shareholder to hold onto Avanti Communications shares which on June 9th hit an all-time low in terms of share price at just 8.5p, and at one point during the day’s trading hit 8.2p on London’s Alternative Investment Market (AIM). There was no particular bad news from London-based Avanti, which is focused […]
Germany’s ProSiebenSat.1, TF1 Group (France) and Mediaset (Italy and Spain), are establishing in equal shares the European Broadcaster Exchange (EBX) to address the demand for brand-safe environments and high-quality pan-European video campaigns at scale. Initially, the focus will be on programmatic video campaigns, which involves the automated and data-based management of digital advertising purchases and […]
Everyone should now be out of the prediction business: Brexit, Trump, and now Theresa May. The UK Prime Minister has seen a Parliamentary majority and a 20 point poll lead disappear and now has to rely on a tiny Northern Ireland party to prop her up. It is the biggest political disaster wrought by the […]