AsiaSat of Hong Kong has refinanced $220 million (€192m) of long-term loans and revolving credit. The new facility replaces a $240 million borrowing already in place. The borrowing has a 5-year term, which is the same as the previous borrowing negotiated in June 2015. The new terms were negotiated with Cathay United Bank Co., Ltd., […]
Bangladesh is to form a public company to own and operate its upcoming debut satellite, Bangabandhu Satellite-1. Bangladesh’s cabinet secretary, Mohammad Shafiul Alam, briefing journalists, said Bangladesh will join the Satellite Club as the process for launching the satellite is nearing completion. “The satellite will be launched into the orbit very soon, and to operate […]
Quest is to show live and exclusive coverage of the Emirates Cup 2017 on July 29th – 30th as Arsenal play host for the summer pre-season tournament. Quest will bring football fans all the action live and for free from the four-way clash at the Emirates Stadium – that welcomes Benfica, the current Portuguese champions, […]
Joyne, a new multi-channel TV venture for Dutch viewers and the country’s recreational market, has selected the Eutelsat 9B satellite as its platform to reach viewers in the Netherlands and across Europe. Joyne has signed a multi-year, multi-transponder contract with Eutelsat Communications and is preparing to officially launch on July 24th, using Eutelsat’s Paris-Rambouillet teleport […]
Having confirmed on June 26th that it was in discussions regarding such a move, multinational cable, fibre, telecommunications, content and media company Altice has entered into a definitive agreement with Promotora de Informaciones, S.A (Prisa) to acquire Prisa’s 94.7 per cent stake in Media Capital SGPS, SA (Media Capital). Media Capital is a leading Portuguese […]
In 2014 Elon Musk’s SpaceX rocket business won 20 per cent of the Global Commercial market for launches during the year, and where supply had typically been dominated by Europe’s Arianespace with 45 per cent of launches during the year. This current year SpaceX claims to have secured 45 per cent of the available contracts, […]
Cape Verde has completed the first phase of the implementation of the DTT project. According to the National Communications Authority (ANAC), four islands (Santiago, Maio, Sal and São Vicente) are covered, on which more than 75 per cent of the population live. The initial goal was to cover 60 per cent of the population. ANAC […]
Sky has confirmed a price rise for its OTT service NOW TV Entertainment Pass. From August 5th, customers will have to pay £7.99 (€9.08) every month for the package, up from £6.99. NOW TV offers premium Sky content – such as movies and sport – to watch live or on-demand on a pay-daily/weekly/monthly basis, with […]
Perhaps if 21st Century Fox’s bid to mop up Sky Europe fails, Rupert Murdoch will focus instead on India, where 21st Century Fox owns a 30 per cent stake in the TataSky joint-venture and DTH platform. India’s Television Post is reporting that exploratory talks have been held between TataSky and Bharti Airtel’s DTH operation about […]
The pay-TV market in the US started 2017 with a slight decline, according to research firm Dataxis. The total number of subscribers reached 100.3 million for the first quarter of 2017, which represent a fall of -0.61 per cent (-612 000 subscribers) compared to Q4 2016. This trend of the market shows an erosion from […]