Advanced Television

Joint Venture

Reliance, Disney agree $8.5bn India JV

Reliance Industries Limited (RIL) is to control a joint venture with The Walt Disney Company that will combine the businesses of RIL’s Viacom18 and Disney’s Star India. RIL has agreed to invest $1.3 billion into the joint venture (JV) for its growth strategy. The transaction values the JV $8.5 billion. Post completion the JV will […]

February 28, 2024By Colin Mann

Towers businesses combine

Three giant telcos are combining their cellular towers businesses which will create a company of almost 30,000 tower sites. The three companies, National Mobile Telecommunications Company (Ooredoo) has entered exclusive negotiations with Mobile Telecommunications Company (Zain Group) and UAE-based TASC Towers Holding to establish the largest tower firm in the MENA region. Ooredoo, Zain and […]

July 26, 2023By Chris Forrester

TNT Sports goes live

TNT Sports has gone live throughout the UK and Republic of Ireland, replacing BT Sport, marking one of the most significant changes in the sports broadcast landscape in the last decade. In addition to the launch of a new brand, discovery+ now becomes the new streaming destination for TNT Sports in the UK. discovery+ will […]

July 18, 2023

nexfibre £250m funding boost

The UK Infrastructure Bank has made a £250 million (€291m) debt investment in new next generation fibre broadband company nexfibre which is rolling out full-fibre broadband to 5 million homes across the UK by 2026. As part of its commitment to investing in infrastructure that tackles climate change and boosts regional and local growth, the […]

July 17, 2023By Colin Mann

Rival golf tours to merge

The PGA Tour, DP World Tour and the Public Investment Fund (PIF) have announced what they describe as a landmark agreement to unify the game of golf, on a global basis. The parties have signed an agreement that combines PIF’s golf-related commercial businesses and rights (including LIV Golf) with the commercial businesses and rights of […]

June 7, 2023By Colin Mann

New payment platform for Africa

African pay-TV operator MultiChoice Group, payments platform specialist Rapyd and venture capital firm General Catalyst have unveiled a joint venture aimed at developing an integrated payment platform for Africa. The joint venture will operate under a new company, called Moment. Moment will offer expanded payment infrastructure for businesses across Africa to help them collect and […]

May 30, 2023By Colin Mann

Eutelsat+OneWeb to list in London

Sunil Bharti Mittal, the Indian billionaire telecoms tycoon and executive chairman of OneWeb, which is in the process of merging with Paris-based Eutelsat, said a secondary listing in London was a plan “we will deliver”. “The benefit is that you have a varied investor base to address to, but this is more a requirement of […]

March 28, 2023By Chris Forrester

Vodafone, Altice German fibre JV completes

Following the announcement on October 17th 2022, Vodafone Group has confirmed the completion of the sale of 50 per cent of its German FTTH company to Altice. The creation of the JV, called FibreCo, received European Commission approval in February 2023. FibreCo will deploy fibre-to-the-home to up to 7 million homes in Germany over a […]

March 9, 2023By Colin Mann

BT Sport to become TNT Sports

TNT Sports will be the new name for the premium sports brand to be launched later in 2023 by the Joint Venture between BT Group and Warner Bros Discovery. The pair say the new name heralds an important step in the previously announced plans to unite the collection of premium rights from BT Sport and […]

February 22, 2023By Colin Mann

Zucker launches media investment vehicle JV

Former CNN CEO Jeff Zucker, RedBird Capital Partners and International Media Investments (IMI) have partnered to create RedBird IMI, a joint venture investment vehicle focused on acquiring and investing in large scale media, entertainment and sports content properties on a global basis. RedBird IMI launches with initial committed capital of $1 billion (€931m). Zucker is […]

December 14, 2022By Colin Mann