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TDC bids for MTG to make convergent player

TDC bids for MTG to make convergent player

International digital entertainment group Modern Times Group (MTG) has agreed to accept a €2 billion bid from Danish telco TDC that will see it merge its Nordic Entertainment and MTG…

Ericsson offloads 51% Media Solutions to One Equity

Ericsson offloads 51% Media Solutions to One Equity

Ericsson has concluded its major review of its broadcast and media solutions businesses. Having separated broadcast into Red Bee Media – which remains an Ericsson company – it is offloading…

Amdocs acquires Vubiquity for $224m

In a move that sees it further expand into the media and entertainment business, communications and media software and services provider Amdocs has entered into a definitive agreement to acquire…

Flashtalking and Spongecell merge

Flashtalking, the global independent platform for ad management, data activation and unified insights, and top personalised creative company Spongecell, have announced a merger of the two companies, creating a specialist…

Atlantia bid for Abertis/Hispasat can proceed

Atlantia bid for Abertis/Hispasat can proceed

The Spanish government has approved a takeover bid of local infrastructure company Abertis, which controls Madrid-based satellite operator Hispasat. One bidder is Italian motorway operator Atlantia, although others are also…

Silknet acquires Geocell

Georgian multiplay telco Silknet has acquired Geocell, the second-largest mobile telecommunications operator in the Republic of Georgia from Geocell’s shareholders, Telia Company and Turkcell in a $153 million (€123m) transaction…

Darroch: ‘Sky News no longer vital’

Darroch: ‘Sky News no longer vital’

Jeremy Darroch, CEO of Sky, has cast further doubt on the future of Sky News, saying the service is no longer vital to the platform. The Competition & Markets Authority…

Rupert’s reasons to be grumpy

You would think just making it to 86 years-old would make a man reasonably pleased. Add billions of dollars of wealth and being married to Jerry Hall and you’d think…

T-Mobile closes Layer3 TV acquisition

US mobile telco T-Mobile US has completed the previously-announced acquisition of Denver-based television innovator Layer3 TV. The Layer3 TV team has joined T-Mobile and will drive the telco’s initiative to…

Fox/Sky deal ‘not in the public interest’

Fox/Sky deal ‘not in the public interest’

UK competition watchdog the CMA (Competition and Markets Authority) has published the provisional findings from its in-depth examination of the proposed acquisition of Sky Plc by 21st Century Fox, advising that…