Val Telecomunicaciones, a Spanish investment holding company, is seeking a buyer for its stake in cable provider Ono SA, according to reports. Val Telecomunicaciones is said to have hired Jefferies Group to find an acquirer for its 5.4 per cent holding in Madrid-based Ono. The stake could be sold for about €120 million which would […]
Italy’s Guardia di Finanza financial police have arrested Andrea Ambrogetti, the director of institutional relations at Mediaset, along with 5 others, in connection with the collapse of Italian telco Interattiva, which went bankrupt last year. Ambogetti is also president of Italy’s National SAssociation for the Development of Digital TV (DGTVi). Italian news agency ANSA says […]
Telecom Italia and media group L’Espresso are in negotiations over creating a DTT alliance to manage five DTT multiplexes – the maximum allowed by current legislation. Despite denials by both parties, the negotiations are ongoing according to Italian daily La Stampa, with the goal of grouping the three multiplexes of Telecom Italia Media with the […]
Bouygues Telecom goes multiscreen by proposing a complete OTT service in its offer. The French telecom operator announced today that it has selected Cognacq-Jay Image, a TDF Media Services company, to launch a complete OTT service. Since 2005, Bouygues Telecom has been a pioneer in TV services by proposing its suscribers with a full TV […]
Investment in Cornwall’s data infrastructure appears to be reaping returns as global organisations move their software development work into the area. Headforwards, a software development outsourcing company, has announced it has signed a new deal with NTT Europe, a subsidiary of NTT Communications, the international and long-distance arm of NTT (Nippon Telegraph and Telephone Corporation). […]
The Spanish government is set to approve a new telecom law (Ley General de Telecomunicaciones) by mid September with the aim of clarifying the telco sector, simplifying the legislation and paving the way for the introduction of new technologies and added-value services. The present Telecommunications Market Commission (CMT) will disappear and will be replaced by […]
Investment specialists Morningstar did not pull any punches in a note to clients on August 30th, saying that the UK market has overreacted in its somewhat negative view of BSkyB over the launch of the rival BT Sport pay-platform, and that “[BSkyB’s] sports content remains far superior to that of BT. BSkyB also dominates content […]
SNL Kagan has analysed the segment revenues of the six largest media conglomerates and how they are changing, concluding that their focus is shifting more toward TV and away from publishing. News Corp decided to separate its 21st Century Fox entertainment business this year. In terms of the impact the split had on the company’s […]
The European Court of Justice has denied the European Commission’s appeal against the Spanish public broadcaster tax, one month after it approved the same model in France. Telco companies will have to keep on investing 0.7 per cent of their revenues in financing the public broadcaster. This is a boost to RTVE and a setback […]
Portugal’s Competition Authority has issued a final decision, stating its agreement to the merger between triple-play provider Zon Multimedia and mobile telephony operator Optimus. The decision confirms the draft decision that includes the commitments made by both parties. Among other things, Optimus will extend the duration of the network sharing agreement with Vodafone Portugal; Optimus […]