In another major potential consolidation of the Spanish market Orange has bid €3.4 billion for Jazztel. If the takeover is finally successful, the new company will become the second biggest fixed-line broadband operator in the country, the third in mobile with 13.7 million mobile users (behind Vodafone with 14 million) and a tough competitor to […]
The European Commission has authorised under the EU Merger Regulation the proposed acquisition of Sky Deutschland AG and Sky Italia S.r.l. by BSkyB. The Commission concluded that the transaction would not raise competition concerns, since the activities of the three companies are geographically complementary. The Commission’s investigation showed that the geographic scope of the markets […]
Ericsson has entered into an agreement to acquire Fabrix Systems, a provider of cloud storage, computing and network delivery for video applications that power some of the most advanced cable and telecom cloud DVR deployments. Fabrix Systems further extends Ericsson’s TV and media portfolio with a cloud based scale out storage and computing platform focused […]
British Sky Broadcasting Group has successfully priced £3.25 billion (equivalent) of Euro and US dollar denominated bonds. Proceeds from the bonds will be available to finance the acquisition of 100 per cent of Sky Italia and 57.4 per cent of Sky Deutschland, which was announced on July 25th 2014. The four tranches of bonds to […]
A new joint-venture, backed by New York Satellite Holdings (a subsidiary of New York Broadband 2) and CMMB Vision Holdings of Hong Kong, has bought the old Worldspace AsiaStar satellite operating at 105 deg East. The plan is to add two satellites to AsiaStar – which has a limited life remaining – and start beaming […]
The TF1 and ITAS groups have entered into exclusive negotiations with a view to the acquisition by ITAS TIM, a subsidiary of ITAS group, of OneCast, a subsidiary of TF1 operating in the DTT multiplex broadcasting sector. An agreement could be signed in the coming weeks, once the negotiations have been finalised and the necessary […]
Chase Carey, President and Chief Operating Officer, 21st Century Fox, has said his company is not planning to bid for UK’s ITV, amid speculation that it is the target of major US media groups, and confirmed Fox’s support both of subscription TV and content creation. Carey, speaking during a keynote session at the RTS London […]
Following 21st Century Fox CEO Chase Carey’s assertion that it was not planning to acquire UK commercial Public Service Broadcaster ITV, Jim Ryan, Senior Vice President and Chief Strategy Officer, Liberty Global, has said that the cable MSO was not planning to build on the 6.4 per cent stake in the pubcaster it acquired from […]
Interactive TV and associated technologies specialist Strategy & Technology (S&T) and multi-platform live streaming and catch-up TV service provider Simplestream have reconstructed their two joint ventures – Synapse TV Ltd and VuTV Ltd – to be wholly owned by S&T, who will continue to run and develop the businesses, both of which are currently focused […]
Late on September 5 news emerged which suggested that DISH chairman Charlie Ergen had “contacted” wireless giant T-Mobile “according to people familiar with the matter”. Reportedly, Ergen has told T-Mobile’s majority (56.6 per cent) owner, Deutsche Telekom, that he is willing to put together an offer. Also interested in the T-Mobile asset is French telco […]