Advanced Television

M&A

CCS: BT to buy ITV by 2018

High profile acquisitions and market consolidation will fundamentally change the telecoms and tech market in the next few years as companies such as BT, Google and Apple makes steps to dominate, according to global analyst firm CCS Insight’s 2016 predictions report. With multi-play services at the heart of a booming tech industry and heightened competition […]

November 20, 2015

Technicolor closes on Cisco connected devices

Technicolor has completed its $600 million cash and stock buy of Cisco Connected Devices; set-tops, cable modems, gateways and other CPE. The deal is part of another round of consolidation in the set-top box market, and comes amid Arris’s pending merger with  Pace Plc.  Arris and Pace are currently the top two set-top makers based […]

November 20, 2015

Atresmedia fined for breaking merger conditions

CNMC, the Spanish competition watchdog, has fined Atresmedia €2.8 million for failing to meet the government-imposed conditions approved in 2012 on the merger between Antena 3 and La Sexta. According to the CNMC, Atresmedia has broken the merger conditions concerning the advertising market between October 2012 and February 2014 and the acquisition of TV content […]

November 18, 2015From David Del Valle in Madrid

Liberty Global buys CWC for $5.3bn

John Malone’s Liberty Global is acquiring Cable & Wireless Communications (CWC) in a cash-and-stock transaction valued at $5.3 billion (€4.9bn). The purchase extends Malone’s cable empire deeper into Latin America, where he created a tracking stock in July called LiLAC for Liberty Global’s assets in Chile and Puerto Rico. Malone, who spent more than $50 billion […]

November 17, 2015

C4 chief: ‘Privatisation would devastate creative sector’

David Abraham, Chief Executive of UK public service broadcaster Channel Four, has warned of potentially “utterly devastating” effects on the British creative sector if mooted funding models for the publicly-owned Corporation were to result in ownership passing to international broadcasting interests or ‘asset strippers’. UK Prime Minister David Cameron confirmed on November 4 that the […]

November 17, 2015By Colin Mann

Macquarie sells Hathway Cable stake

Private equity investors Providence Equity Partners (PEP) has bought a 6.35 per cent stake in Indian cable MSO Hathway Cable & Datacom from Australia’s Macquarie Bank. It boosts PEP’s stake in the cable company to 17.2 per cent. Macquarie still holds 3.07 per cent of Hathway. PEP used its P5 Asia Holding Investments company (based […]

November 17, 2015By Chris Forrester

Ericsson: ‘No Cisco deal’

Ericsson president and CEO Hans Vestberg has been compelled to publicly rule out a merger with Cisco as market rumours swirled following the announcement of their cooperative technology partnership last week. In a statement, Vestberg said there weren’t “any discussions whatsoever” about a merger with, or acquisition by, Cisco.  “We note that there are rumours […]

November 16, 2015

Hulu stake for Time Warner?

Hulu is reportedly seeking to sell a stake to Time Warner as part of a deal that would value the company at more than $5 billion (€4.6bn). The companies have been in preliminary talks about Time Warner becoming astakeholder in Hulu alongside Disney, 21st Century Fox and Comcast. Each would have an equal stake of […]

November 13, 2015

Ergen says no to Charter/TWC merger

Charlie Ergen’s Dish Network has filed a formal response to the proposed Charter Communications merger plan with Time Warner Cable. In its letter to the FCC, Dish outlines how the applicants have failed to prove that this proposed merger is in the public interest and reiterates its call for the FCC to deny the merger. […]

November 13, 2015

SpeedCast acquires ST Teleport

SpeedCast International, a global satellite telecommunications service provider, has entered into a definitive agreement to acquire ST Teleport, a satellite communications services provider based in Singapore. The acquisition includes ST Teleport’s teleport facilities and data centre infrastructure in Singapore, a major hub in Asia for global maritime and oil & gas customers. The acquisition enables […]

November 13, 2015