Multinational cable and telecommunications company Altice, founded by telecoms entrepreneur Patrick Drahi, has entered into the final agreements with Vivendi regarding the acquisition of the 20 per cent stake Vivendi owns in France’s second-largest telco Numericable-SFR for a price of €40 per share. The transaction carried out via its subsidiary Altice France, and Numericable-SFR, follows […]
Spanish infrastructure company Abertis, which holds stock in satellite operator Hispasat, has bought 90 per cent of the transmissions towers business of telco Wind, in Italy. Russia’s Vimpelcom holds the remaining 10 per cent. Vimpelcom is the world’s sixth-largest mobile operator with some 214 million subs, mostly in Russia but with 31 per cent of […]
Dubai-based pay-TV operator OSN is teaming up with UAE regional telco du to offer online TV platform OSN Play for free as part of OSN subscriptions on du. Emad Marcos, senior vice president, business development, strategy and digital, OSN, said the partnership would further expand the already-strong reach of OSN Play among UAE residents. “OSN […]
The US’s Federal Communications Commission has followed the lead of President Barack Obama and voted to impose tough new rules for net neutrality, introducing a measure that seems sure to bring a court challenge. The vote – as anticipated along a party-line 3-2 vote – backed Chairman Tom Wheeler’s proposal to reclassify broadband Internet as […]
Deutsche Telekom has reported that Q4 2014 EBITDA rose 9.5 per cent to €4.44 billion, driven by its US business. It expects adjusted EBITDA to rise almost 4 per cent to around €18.3 billion at constant currencies this year compared with 2014. Last year’s growth was 0.8 per cent. The telco saw 65,000 new customers […]
French MVNO Virgin Mobile has launched its first quadruple play offer, which combines SFR’s triple play ADSL box with a 20GHz 4G mobile service. Following its acquisition at the end of 2014, Virgin Mobile is already benefiting from Numericable-SFR’s fixed and mobile networks, as well as capitalising on the innovations of the SFR box. Virgin […]
Telecommunications company Telefónica remains Latin America’s fifth largest pay TV group, according to new research from Dataxis. As of Q3 2014, the Spanish company ranked behind America Móvil, DirecTV Latin America, Televisa and Clarín. As of Q3 2014 Telefónica had
French telco Orange, is to invest €400 million in the deployment of its LTE network over the next three years, €100 million in 2015 making a total of €1.5 billion since the start of its operations in 2006. The company aims to take LTE services to 85 per cent of the population in 1,300 cities […]
Telecom Italia will incorporate its Telecom Italia Media unit (in which it has 78 per cent) after a buyout offer in shares which should be completed by the end of September. The boards of the two companies approved a plan that will see Telecom Italia offering 0.66 ordinary shares for each TI Media ordinary share […]
TalkTalk customers can now take advantage of what it says is the best value fibre broadband on the market, free for 6 months and then £13.50 a month saving up to £177 compared to BT over 18 months. The offers run from February 20th until March 26th. Fibre Broadband is totally unlimited and will be […]