Category archives for: Business

TDC acquires Norway’s Get

Danish quad-play operator TDC Group is acquiring Get AS, the second largest cable-TV provider in Norway, for NOK 13.8 billion (€1.68 bn), to create Scandinavia’s largest cable TV company in terms of revenue. With 1.7 million connected homes and a revenue of DKK 7 billion (€0.94bn) from the cable business, the TDC Group says it will become the leading communication […]

Tele Columbus goes public

Germany’s third-largest cable company Tele Columbus has been converted into a joint-stock company, effective September 12. The Berlin-based company (now officially Tele Columbus AG) has been working towards a change in its structure for the past few years. “The new legal form also gives us more flexibility for additional growth and the future development of Tele Columbus”, says Ronny Verhelst, […]

Avanti: Losses deepen

London-based satellite operator Avanti Communications reported an increased loss of $87.7 million ($58.88m, a year ago). Revenues expanded from $32.12 million a year ago to $65.62 million for the year to June 30. Backlog also fell back from $445 million a year ago to $430 million now. Avanti had some $195 million cash at hand at year-end. Chairman Paul Walsh […]

Scripps re-signs for DISH

A multi-year contract renewal between DISH Network and Scripps Networks Interactive improves DISH customers’ access to Scripps Networks’ entire content portfolio, including new and expanded digital rights. The agreement includes over-the-top (OTT) multi-stream rights for live and Video-on-Demand content. The agreement also expands DISH’s distribution of authenticated live and Video-on-Demand Scripps Networks programming on Internet-connected devices. Moreover, the agreement widens […]

Spain: Orange bids €3.4 billion for Jazztel

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In another major potential consolidation of the Spanish market Orange has bid €3.4 billion for Jazztel. If the takeover is finally successful, the new company will become the second biggest fixed-line broadband operator in the country, the third in mobile with 13.7 million mobile users (behind Vodafone with 14 million) and a tough competitor to Telefonica and Vodafone-ONO in the […]

EC OKs BSkyB ‘Sky Europe’ acquisitions

The European Commission has authorised under the EU Merger Regulation the proposed acquisition of Sky Deutschland AG and Sky Italia S.r.l. by BSkyB. The Commission concluded that the transaction would not raise competition concerns, since the activities of the three companies are geographically complementary. The Commission’s investigation showed that the geographic scope of the markets for the licensing or acquisition […]

Ericsson acquires Fabrix for $95m

Ericsson has entered into an agreement to acquire Fabrix Systems, a provider of cloud storage, computing and network delivery for video applications that power some of the most advanced cable and telecom cloud DVR deployments. Fabrix Systems further extends Ericsson’s TV and media portfolio with a cloud based scale out storage and computing platform focused on providing a simple, tightly […]

TiVo launches European sales and support

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TiVo, the DVR specialist, has expanded its existing European footprint to now include sales, marketing and account management staff in offices in Austria, England, the Netherlands, Poland and Spain specifically dedicated to personalised video discovery solutions. This expansion builds on the continued success of TiVo delivering advanced TV services with European cable operator partners including Com Hem in Sweden, Ono […]

Liberty helps fund Mediamorph

Mediamorph, the cross-platform Media and Entertainment data management and analytics firm, has raised $10 million in Series B financing led by new strategic investor Liberty Global Ventures. Liberty Global Ventures is a global investment fund owned by Liberty Global, the international cable company. Included in the round is a significant investment from Smedvig Capital, a current investor in Mediamorph. The […]

Tele Columbus profitable growth

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Tele Columbus Group, the third largest German cable network operator, substantially increased revenues and earnings in the first half of 2014. Revenues grew by 3.6 per cent year on year to €107.0 million in the period between January and June 2014 and total output increased by 4.7 per cent to €114.7 million, mainly driven by the positive momentum in the […]

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