ITV is continuing to sell off non-core assets, striking a deal to offload a 70% stake in spectrum management company JFMG to transmission outfit Arqiva for £1m (E1.13m) in cash. The sale is being carried out by ITV Network Limited, in which ITV owns a 90.1% share.

Arqiva now owns all of JFMG, providing access to radio spectrum that is used to provide mobility in broadcast production, for example through the use of wireless equipment, entertainment and related activities.

Other posts by :

1. SES happy with releasing 160MHz of spectrum for 5G
2. Inmarsat “likely to win appeal” over Ligado/AST action
3. FCC seeks fair play over foreign satellite access
4. Bank raises RocketLab target price
5. Paramount throws kitchen sink
6. Ukraine wants its own LEO system
7. SpaceX outlines Starlink cellular delivery plan
8. NAB vs CTIA on C-band release
9. Laser terminals to operate at 100x faster

Categories: Articles