RR Media, a leading provider of global digital media services to the broadcast industry, has acquired Satlink Communications, an Israel-based global provider of content distribution, management and playout services for $19 million subject to bank debts and other certain adjustments. This transaction comes quickly after the recent acquisition of Eastern Space Systems (ESS) as part […]
Vodafone Portugal and NOS are each considering the purchase of the Portuguese telecom assets of France’s Altice, that it has offered for sale, after acquiring PT Portugal. The assets consist of cable TV operator Cabovisão, and Oni, a provider of telecommunications services for business customers. According to local daily Jornal de Negocios, in the eyes […]
Vodafone Group has confirmed that it is in early-stage discussions with Liberty Global over an exchange of assets. It made the comment in a Statement to the London Stock Exchange in response to recent media speculation regarding a potential transaction. “There is no certainty that any transaction will be agreed, nor is there certainty with […]
Comcast has bought Visible World, a sepcialist in the addressable and programmatic advertising business. “For more than a decade, we have been focused on developing a portfolio of solutions that offer a wide variety of services to a wide range of customers….Comcast’s investment in our business will accelerate our ability to deliver on our vision […]
Back in January 2013 Qatari news channel Al Jazeera controversially agreed to buy CurrentTV from a group of investors including former vice-president Al Gore. The agreed fee was $500 million. The problem is that Al Jazeera had placed around $85 million in a Chancery Court-approved escrow account and neither Gore or his co-founder and former […]
Millicom, the Latin America and Africa telco and media company, has signed a Share Purchase Agreement to acquire an 85 per cent stake in Zanzibar Telecom (Zantel) from Etisalat Group. Zantel is the leading mobile telecom operator on the islands of Zanzibar with 2014 gross revenues of $82 million (€73m) and 1.7 million subscribers across […]
There are unconfirmed reports that Charlie Ergen’s DISH Network is in merger talks with cellular giant T-Mobile. The Wall Street Journal is running the story saying Ergen would become Chairman of the enlarged group, while T-Mobile’s chief executive John Legere would be CEO. Dish is declining to comment. However, the WSJ says the deal discussions […]
Australia’s NewSat assets look likely to be sold within days to a foreign buyer. Australia’s Financial Review suggests that the assets are being examined by a number of potential buyers, but Malaysia’s Measat looks to be the front runner. NewSat’s prime asset is a part-built satellite, Jabiru-1, but that is still at Lockheed Martin in […]
Satellite start-up business NewSat of Australia is in bankruptcy, and two of the consequences are that a satellite (Jabiru-1) being built for it by Lockheed Martin is not needed, and the US/French export credit bank is facing a loss of around $100 million. A bankruptcy court hearing in Wilmington, Delaware, has been told that the […]
Avago Technologies confirmed it is to acquire Broadcom for $37 billion in cash and shares. The latest merger in the semiconductor industry creates a company with annual revenues of $15 billion and a complete range of products for the fixed and wireless communications industries. Avago’s CEO Hock Tan will lead the combined company, which will […]