US telco AT&T has completed its $48.5 billion (€44.2bn) acquisition of pay-TV provider DirecTV following the Federal Communications Commission’s approval – with conditions – of the deal. The FCC determined that granting the merger application was in the public interest. The newly-combined company will become the largest pay-TV provider in the United States and the […]
Zegona – an operating company established in March 2015 with the objective of acquiring businesses in the European Telecommunications, Media and Technology sector – has reached agreement with global alternative asset manager, The Carlyle Group and Liberbank, to acquire Telecable de Asturias S.A., the leading quad-play telecommunications operator in Asturias, North West Spain, for an […]
Alain Weill, the Chairman, CEO, Founder and main shareholder of independent multimedia company NextRadioTV and Patrick Drahi, the Chairman and Founder of multinational cable, fibre, telecommunications, contents and media company Altice have signed a strategic partnership of their groups to invest in and to accelerate the development of multimedia projects in both France and other […]
In a further consolidation of the Spanish cable market, Basque Country-based operator Euskaltel has bought Galician R Cable for €1.155 billion to create a large regional cable group in the north of Spain – with the companies retaining their own brands – with a network of 725,000 km and over 715,000 subscribers. Euskaltel has offered […]
In a move that it says creates a global leader in customer premises equipment (CPE), Technicolor is buying Cisco’s CPE business for €550 million in cash and stock. Technicolor says the deal will see its Connected Home business achieve adjusted EBITDA in excess of €200 million in 2016. The move signals further consolidation of the sector following ARRIS’s acquisition […]
Discovery Communications is to acquire full ownership of sports broadcaster Eurosport for €491 million from TF1 Group, which has announced it will exercise a put option on its 49 per cent ownership stake as part of the companies’ previous 2012 agreement. “Discovery Communications is excited to expand and deepen our investment in Eurosport as we […]
Consulting services Cartesian is set to acquire Farncombe Technology. Farncombe specialises in digital TV services and offers high-calibre technical and strategy consulting, implementation services, content security, and testing. Founded in the early 1990s, the company has a global 100-plus client roster, which includes leading service providers, broadcasters, platform operators, and technology firms. Farncombe’s team of […]
Technetix Group, a global broadband cable and telecommunications equipment supplier, has announced its agreement to purchase the assets of the ARRIS Supplies Division – formerly Telewire Supplies and part of ARRIS Group. The acquisition will enable significant growth and market traction for Technetix, expanding its footprint in the Americas and offering customers a greater range […]
Sky has taken a majority stake in Blast! Films, the independent production company responsible for series including The Supervet, The Route Masters and 999: What’s Your Emergency? Blast! Films will continue to operate as a distinct company under the new ownership structure, producing programmes and films for a variety of broadcasters. Ed Coulthard and managing […]
Amino Technologies, the provider of digital entertainment solutions for IPTV, Internet TV and in-home multimedia distribution, has conditionally agreed to acquire the entire issued share capital of broadcast hybrid TV and connected home solutions provider Entone for a total consideration of $73 million (€67.2 million). Donald McGarva, Chief Executive of Amino, said the proposed acquisition […]