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NDS goes private with News Corp and Permira

News Corp is effectively selling around half its stake in the business to Permira as part of a complex deal. News Corp currently owns 72 per cent of NDS’s equity,…

Intelsat record revenues for Q2

Intelsat CEO Dave McGlade commented, “Intelsat’s second quarter results featured record revenues and continued strong operating performance. Our diverse customer base and global scale give us an outstanding competitive position.…

New Unicom to spend RMB 100bln on 3G expansion

Netcom also plans to replace copper cables with fibre optic cables in certain parts of its service regions, in a three to five year project expected to cost up to…

Foxtel adds 40,000 HD subs

At the end of June, Foxtel had 1.5 million direct and wholesale subscribers, and more than 30 per cent of homes in Foxtel areas now subscribe to the service, the…

FastWeb boost for Swisscom

Broadband communications recorded sustained strong growth year-on-year: The number of fixed-line and broadband connections rose by 193,000 (+12.8 per cent) to 1,699,000. As at the end of June 2008, Swisscom's…

Malone plays down DirecTV-Dish merger

The merger rumour surfaced following speculation that federal officials could be inclined to support it, following their approval of the XM-Sirius satellite radio merger. DirecTV and Dish attempted to merge…

France Telecom for Digital Plus?

Speculation is increasingly mounting in Spain about France Telecom’s interest in acquiring Sogecable’s pay-TV unit, Digital Plus. The telco joins names such as Rupert Murdoch, Carlos Slim and Telefónica, among…

Digital distribution hits Private

Sales decreased to E5.2 million for the three-month period ended June 30, 2008. The company reported a net loss of E0.8 million for the quarter. Private Media Group CFO Johan…

Chunghwa Internet TV users up 20%

“More coverage is the key issue because we are offering more channels than normal TV,” Cheng Ching-ming, director of interactive multimedia at Chunghwa told Bloomberg. The company, which began offering…

Siano raises $17.5m for mobile TV expansion

Eldad Tamir, co-founder and General Partner at DFJ-Tamir Fishman Ventures, said the firm had been keeping a constant eye out for noteworthy investment opportunities. "We've been observing the mobile TV…