In the run-up to Cable Congress in mid-March in Brussels, Matthias Kurth, Executive Chairman, Cable Europe, has suggested that Europeans might have the opportunity to lead the way when it comes to investment in broadband and digital infrastructure. In a blog post, Kurth noted that in the last few years, the cable sector had been […]
Goldman Sachs is busy buying up stakes in India’s cable industry. It has already bought into DEN Networks having paid $110 million. Now it has acquired 4.8 per cent of Hathway Cable & Datacom, paying $8.5 million (Rupees 526 million) for the holding, which represents 8.1 million shares. Goldman Sachs already holds a 17.8 stake […]
Vodafone-Ono is putting pressure on the Spanish competition watchdog CNMC to stop Telefonica’s acquisition of the pay-TV operator Canal Plus from becoming a reality. Vodafone Spain’s director of legal and regulatory affairs, Pedro Peña, has said that CNMC should prohibit or at least subject the operation to stricter conditions to guarantee free competition in the […]
Tubular Labs has acquired ReelSEO, The Video Marketer’s Guide. Effective immedaitely, ReelSEO will become an integral new piece of the Tubular Labs intelligence network. The site will no longer serve ads and the team will no longer be reporting news, instead focusing on delivering strategic insights, critical data, tactical advice, and trends in the digital […]
Waterstones, the UK’s largest bookseller, has entered exclusive talks to acquire blinkbox books from Tesco. The chain of 290 bookstores said that its current platform for selling ebooks was “antiquated” and that it needed greater control over its ebook sales. “blinkbox is a modern platform that delivers books through an app, so that you can […]
The private equity owners of South Korean cable group C&M have instructed Goldman Sachs to begin seeking buyers this week after seven years of ownership, hoping that fierce competition among rival operators could lead to a valuation as high as $3 billion. MBK, a South Korean private equity firm founded by former Carlyle Group managers, […]
Kabel Deutschland active shareholder Elliott Management has called for a new audit of Vodafone’s $11 billion takeover of the German cable company as the hedge fund seeks more money from the MNO. Elliot also called for a shareholder meeting in which Kabel Deutschland should explain an auditor’s report that said the acquisition undervalued the company. […]
Airbus-Safran, the joint-venture company that already owns 41 per cent of European rocket launch company Arianspace, is to acquire an additional 34 per cent of the company. The stake being acquired is currently owned by France’s Centre National d’Etudes Spatiales (CNES), the French government agency responsible for shaping and implementing France’s space policy. “Today we […]
Facebook has acquired video infrastructure specialist QuickFire Networks in a move that reflects the growing importance of video to the social networking site. An announcement on QuickFire’s website from Craig Y. Lee, CEO, noted that QuickFire Networks was founded on the premise that the current network infrastructure is not sufficient to support the massive consumption […]
UK quad-play operator TalkTalk has acquired the blinkbox Movies business and the Tesco broadband and fixed line voice base from UK supermarket retailer Tesco. The assets have been acquired free of debt and as a single transaction for cash. Reports emerged in early October 2014 that Tesco was planning to sell off or shut down […]