Helios Towers, an infrastructure player already present in Tanzania, the Congo, and Ghana, says it is ready to invest $100 million providing new telecoms connectivity in South Africa over the next 3-4 years. Helios (66 per cent) is linking with Vulatel (34 per cent) in a new business, Helios Towers South Africa (HTSA). Kash Pandya, […]
A Rome Court has ordered Vimeo to remove all contested videos from Mediaset and reimburse €8.5 million to the Italian broadcaster. Mediaset had sued the US-based online video platform for publication and the non-removal of videos taken from copyrighted TV programmes. Furthermore, Vimeo will have to prevent new uploads of unauthorised contents, under risk of […]
Liberty Global is to decentralise as it adjusts to its reduced scale after the Vodafone deal, and one of the first to go is Diederik Karsten, chief commercial officer. Karsten has been with the company since 2004 as MD of its Dutch operation and EVP of European broadband operations. The company said that its broader […]
Intelsat’s CFO, Jacques Kerrest, plans to retire. He will continue in his role through the spring until a successor is appointed to ensure a smooth transition of duties. Since joining Intelsat in February 2016, Kerrest played an instrumental role in successfully completing $15.5 billion in debt and equity transactions, achieving an improved capital structure for […]
TiVo has opened another round of patent claims against Comcast over its set-top IP. The lawsuit has been filed in a California court under TiVo’s owners, Rovi Corp, and the new complaint relate to advanced DVR functionalities, such as cloud or network recording and whole-home or multi-room DVR arrangements. “Litigation is always a last resort, […]
Soon after UK’s Zegona had announced a capital enlargement of over €100 million to become the largest shareholder in the company, Basque Country-based telco operator Euskaltel has unveiled plans to increase revenue by 30 per cent to €800 million by 2022. In its Business Plan 2022, the company forecasts that the EBITDA will reach €400 […]
Equity analysts at investment banker Exane/BNP-Paribas stress that despite generally poor stock market performances last year, Europe’s Media sector actually did well, with losses of only -4 per cent, against the wider state of the depressed market overall which slumped -14 per cent. The bank’s report says: “After a c30 per cent share price decline […]
The Premier League’s first international office has opened in Singapore. Based in Tanjong Pagar, the office will provide a base for the Asia-Pacific region and has primarily been established to fight piracy of Premier League content and support broadcast partners. This will include deploying the league’s hugely successful enforcement programme across multiple markets and assisting […]
Liberty Latin America, a wireless and cable operator in South America and the Caribbean, has approached Millicom International Cellular with an acquisition bid, according to a Reuters report. Liberty Latin America, which is backed by US media mogul John Malone, has been in talks with Millicom, a cable and mobile telephone operator in Latin America […]
Endeavor, a global player in sports, entertainment, and fashion with a portfolio of companies including WME, IMG, and UFC, has announced the formation of Endeavor Streaming, encompassing the company’s video streaming products and services. OTT specialist NeuLion, acquired by Endeavor in 2018, will be absorbed within the new group alongside Endeavor’s internally developed video platform […]