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GSMA: “Absurd conditions could harm Germany 5G investment”

The GSMA has raised concerns that the proposed terms of the upcoming 5G spectrum award in Germany from the Federal Network Agency contain unreasonable and unrealistic licence conditions that pose a substantial risk to the roll out of ultra-fast 5G networks across the country. While the GSMA has welcomed the German government’s decision to release […]

November 27, 2018

Big cash injection for Rakuten TV

Streaming platform Rakuten TV, known in Spain as the Japanese Amazon, is changing its business model – with a massive capital injection – to compete head-on with the likes of Netflix and HBO. Rakuten TV will now rely on new movies and pay-per-view content to reverse its losses and try to gain market share. CEO […]

November 26, 2018From David Del Valle in Madrid

OSN: Tillieux replaces SKY-bound Stewart

Patrick Tillieux has been appointed as Chief Executive Officer at Middle East pay-TV operator OSN, effective immediately. He replaces Martin Stewart, who is leaving to take up a similar role at SKY Television in New Zealand. Tillieux has been on OSN’s Board for two years and is the chairman of the executive committee of the […]

November 26, 2018By Colin Mann

Supponor appoints Hair, Plunkett

Supponor, a global player in sports virtual advertising technology, has announced two appointments to its senior leadership team. These key new hires will help scale the company to meet the increasing demands for virtual advertising, and deliver a raft of new solutions in the coming months. Ross Hair joins Supponor as Managing Director and will […]

November 26, 2018

Hulu could be worth over $9bn to stakeholders

Hulu, the US streaming service owned by Disney, Fox, Comcast and Time Warner, could be worth as much as $9.26 billion (€8.14bn) to the partners led by Walt Disney Co once it wraps the $71.3 billion acquisition of 21st Century Fox early next year, and in which Disney will then hold a 60 per cent […]

November 23, 2018By Chris Forrester

Vodafone Spain to axe 1,000 staff

Vodafone Spain plans to dismiss 1,000 staff from its current 5,000 workforce as it seeks to stay afloat in the country’s competitive pay-TV market. According to El Pais, the redundancy plan will be negotiated with the trade unions. To this end, the company will set a negotiation committee to implement the plan. The redundancy plan […]

November 23, 2018From David Del Valle in Madrid

Singapore: Illegal app blocking orders

Singapore’s High Court has ordered the city-state’s Internet Service Providers to block access to popular illegal applications that are frequently sold pre-loaded on Android TV boxes. Such TV boxes are also known as illicit streaming devices (ISDs). These apps, which flagrantly infringe copyright by acting as gateways to websites streaming pirated content, are preloaded on […]

November 23, 2018By Colin Mann

Nilsson elected Chairman of the Board of Telia Lietuva

Tthe Board of Telia Lietuva has elected Emil Nilsson as the Chairman of the Board and the Chairman of the Remuneration Committee of Telia Lietuva for the current term of the Board, i.e. till April 27th 2019. Nilsson is Senior Vice President & Head of cluster Lithuania, Estonia and Denmark (LED) and Region Eurasia at […]

November 23, 2018

KIPCO bailing out on OSN

One of Kuwait’s sovereign wealth funds, KIPCO is looking to sell its stake in Dubai-based pay-TV operator OSN (the former Orbit-Showtime Network). Goldman Sachs has reportedly been hired to find a buyer. While the reports have not said that KIPCO has ‘had enough’ of being patient with OSN, the most recent data indicates that its […]

November 22, 2018By Chris Forrester

Russian contractors “took” $150m on launch-site contracts

Russian criminal prosecutors allege that contractors involved in building the country’s new space port at Vostochny embezzled more than $150 million during construction. The Moscow Times is reporting that some 17,000 criminal violations occurred at the cosmodrome since work commenced in 2015 and the total tops 10 billion Rubles in damages and theft from the […]

November 22, 2018By Chris Forrester