Driven by rising consumer demand for broadband services, European Union cable market revenue rose to a record high of €24 billion in 2018, up 3 per cent from €23.3 billion in 2017, according to the European Broadband Cable Yearbook from trade body Cable Europe and research firm IHS Markit | Technology, now a part of Informa Tech. […]
The European Commission has approved Telia Company’s $957 million (€868.6m) acquisition of Bonnier Broadcasting, including TV4, MTV and C More. Telia, the Swedish telco, says its networks and broad sales channels combined with Bonnier Broadcasting’s popular media content creates the possibility to give customers and viewers new experiences and services to enjoy wherever they are. […]
UK multiplay telco Vodafone is expanding its Gigafast Broadband roll-out to bring full fibre services to many more consumers and small businesses in the UK after striking a new commercial deal with network infrastructure provider Openreach. From spring 2020, Vodafone will start making Vodafone Gigafast Broadband available to customers in Birmingham, Bristol and Liverpool on […]
United Group, the South Eastern European telco, has agreed to acquire Vivacom, the largest telecoms operator in Bulgaria, for €1.2 billion. This acquisition marks the second transaction since New York and London headquartered investment firm BC Partners’ March 2019 acquisition of United Group, in what was one of the largest ever transactions for the region. […]
US telco giant AT&T has proposed its own plan for a private C-band auction to reallocate satellite spectrum over the US. AT&T is almost certain to be a buyer of some of the released satellite spectrum. The AT&T ‘variation’ on the C-Band Alliance’s well-rehearsed scheme, suggests that the spectrum should be released extremely promptly and […]
The Euskaltel Group’s Board of Directors have unanimously appointed Xabier Iturbe Otaegi to the position of non-executive chairperson of the Group, as proposed by the Appointments and Remunerations Committee. He takes over from Alberto García Erauzkin, who has been in the role since 2011. Iturbe has held management positions in leading companies in both the […]
Eir, the Irish telco, has launched a new TV service with Apple TV. The service provides customers with over 100 channels in HD, and access to thousands of apps including RTE Player, Now TV, Netflix, Youtube and Amazon Prime Video. Customers can get a monthly subscription for €14.99 per month for the first six months, […]
Sunrise’ biggest shareholder Freenet continues to oppose its SWF6.3 billion (€5.73bn) offer to buy Liberty Global’s UPC Switzerland business, despite a new offer from the US seller to take part in the acquisition. Liberty Global offered to buy up to SWF500 million francs in newly created Sunrise shares to help finance the purchase, it would […]
Pay-TV take-up continues to grow in Spain to the detriment of FTA TV. In the first quarter of 2019, pay-TV revenues increased by 2.6 per cent to €563.6 million, whereas FTA saw its numbers fall by 1.1 per cent to €422.7 million, according to the latest report from CNMC. As a whole, the audiovisual revenue […]
Connecting the UK to Fibre-to-the-Premises (FTTP) broadband by 2025 would deliver almost a £60 billion (€68bn) boost to UK productivity – an average of more than £1,700 per worker – by unlocking smarter ways of working, better public services and greater opportunities for the next-generation of home-grown businesses. The figures are featured in a new […]