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NDS seeks $1.05bn boost

NDS seeks $1.05bn boost

Digital pay-TV technology specialist NDS – owned by Permira Funds and News Corp – is seeking $1.05 billion in loans to refinance debt, reports Bloomberg, citing a person with knowledge…

EU plans fast broadband meeting with CEOs

Heads of telecommunications and Internet companies will gather in Brussels in March and July to discuss plans to provide all European Union citizens with fast broadband by 2020, a spokesman…

AirTies secures expansion investment

AirTies, Turkey’s wireless home media network vendor, has announced that it has received a ‘multi-million dollar investment’ from US private equity firm, Invus.  The investment will be used to help…

European pay-radio: Getting ready

The past couple of years have not been good for pay-radio’s prospects in Europe. We’ve seen the Worldspace catastrophe, now well over two years into its Chapter 11 bankruptcy (WS…

Tele Columbus completes restructure

The Tele Columbus Group, the leading German cable network operators, has successfully completed the financial restructuring process initiated in 2010. With expanded capital resources, the business is now better positioned…

Nielsen seeks $1.5bn in delayed IPO

Nielsen seeks $1.5bn in delayed IPO

Nielsen, the audience measurement and consumer tracking company, has revived plans for its initial public offering, but lowered its expectations of what it will be able to raise. The company,…

PrimaCom creditors set to take control

German cable operator PrimaCom, which filed for insolvency in June 2010 after its shareholders failed to reach an agreement with creditors regarding repayment of a €29.2 million loan, is now…

Technicolor must sell shares to pay debt

Technicolor has said that it will issue new shares worth about €213 million to pay back creditors after it failed to sell assets in its restructuring process fast enough. The…

Hulu backs off IPO

Hulu backs off IPO

Hulu, which has been tipped for a New Year IPO, is now said to be exploring alternative means of raising capital, including getting existing investors to inject more capital, says…

Italy’s Dahlia TV faced with financial problems

Italian pay-TV operator Dahlia TV could see a capital increase or the arrival of new shareholders early in 2011. The platform owned by the Sweden’s AirPlus, which took over Telecom…