Spanish infrastructure company Abertis is in the process of being bought by an Italian company, Atlantia. Abertis has a major share in Hispasat, and the Spanish government says that the satellite operator is a “strategic asset” for the nation (see also today’s story on Eutelsat reaching an agreement with Hispasat). Spain’s Minister of Economy, Luis […]
China Digital TV has received notification that it must delist its shares from the New York Stock Exchange (NYSE). Its Depository Shares were suspended on May 16th, and the ‘smart card’ encryption company is in the process of paying a special $1.50 per share dividend which will have the effect of reducing assets and dropping […]
EU citizens with subscriptions for online films and TV will soon be able to access their content while temporarily in another EU country, following a vote in the European Parliament. The new rules approved by the Parliament – and previously agreed with Council negotiators in February 2017 – will remove restrictions so that EU citizens […]
The Association of Commercial Television in Europe (ACT) has welcomed the European Parliament’s adoption of the proposal for a regulation on cross-border portability. Once in effect, the regulation will ensure that online content service subscribers in the Union, which are delivered on a portable basis, can receive these services when temporarily present in another Member […]
The European Commission has sent a Statement of Objections alleging that multinational telecommunications company Altice breached the EU Merger Regulation by implementing its acquisition of telecommunications operator PT Portugal before notification or approval by the Commission. Altice does not agree with the Commission’s preliminary conclusions, and will submit a full response to the statement of […]
Fox has announced that Roger Ailes founder, and until recently chairman and CEO of Fox News, has died at the age of 77. Ailes resigned from Fox in summer 2016 in the wake of former Fox News Channel Host Gretchen Carlson’s sexual harassment lawsuit against him. Ailes had denied the allegations. In a statement to […]
The Conservative Party election manifesto says its government would punish digital companies, social media platforms and content providers that fail to take down content from the internet which breaks the law. “We will introduce a sanctions regime to ensure compliance, giving regulators the ability to fine or prosecute those companies that fail in their legal […]
Facebook has been fined €110 million by the EU for providing “incorrect or misleading” information on its purchase of WhatsApp in 2014. The European Commission said Facebook had promised it could not automatically match user accounts on its own platform and WhatsApp. But two years later it launched a service that did exactly that. The […]
Japanese media giant SoftBank has helped Intelsat sweeten its proposed debt-swap by a small amount in its drive to merge with Jersey-based OneWeb. SoftBank will put in a minuscule extra $61.6 million, which might sound a lot, but doesn’t add up to much when the total pitched by SoftBank now on the table is $1.79 […]
At the 2017 Connected TV World Summit in London, AirTies, a provider of premium in-home wireless systems announced a strategic alliance with analogue and digital semiconductor connectivity solutions specialist Broadcom, to provide carrier grade, whole-home Wi-Fi solutions to service providers worldwide. Specifically, the two companies are collaborating on managed Wi-Fi Mesh systems designed to satisfy […]