A note to clients from investment bank Exane/BNPP says that, in the bank’s view, “Echostar is likely to make a formal bid for Inmarsat.” The Exane note examines the rationale behind EchoStar’s move and how EchoStar’s co-founder and chairman, Charlie Ergen, might value the target business. The bank states: “The key question in our view […]
Gray Television and Raycom Media, an employee-owned company, have jointly announced that they have entered into an agreement to combine their companies in a transformative transaction that will create the single largest owner of top-rated local television stations and digital assets in the US. The deal is worth $3.65 billion. This transaction marks Gray’s transformation […]
As the path towards 5G begins to gain momentum, the Dynamic Spectrum Alliance has today set out its vision for a 5G future and the opportunities and challenges that will arise from deploying it. On the opening day of CommunicAsia – one of the most established telecommunications events – DSA President Kalpak Gude highlighted the […]
AT&T has entered into a definitive agreement to acquire AppNexus. AppNexus will become a part of AT&T advertising & analytics, led by Brian Lesser, CEO. AppNexus is a technology company that operates a global advertising marketplace and provides enterprise products for digital advertising – serving publishers, agencies and marketers. With its proposed acquisition of AppNexus, AT&T […]
Cleeng, a specialist in video e-commerce solutions for broadcasters, has announced a Series B funding round of €5 Million to drive product development and growth in key markets. With the new funding, Cleeng will up its sales and marketing efforts, broaden its partner network and further invest in research and development. The funding round is […]
UK broadband regulator Ofcom needs to consider new approaches to spectrum management to realise the full possibilities of 5G across the country, according to Malcolm Corbett, CEO of INCA (Independent Networks Co-operative Association), the co-operative trade association for next generation broadband services in the UK, as a new report revealed Fixed Wireless Access can play […]
ProSiebenSat.1 and Discovery have revealed plans to build a local streaming platform in Germany by integrating 7TV, maxdome and Eurosport Player in one place. The OTT platform will offer a full entertainment package of live streams, an extensive media library with local content, the best from Hollywood, as well as high-quality sports content. The future […]
Denver-based EchoStar on June 22nd revealed it had bought a 3 per cent equity stake in satellite operator Inmarsat, and had mopped up 10.4 per cent of Inmarsat’s convertible bonds. The news sent Inmarsat’s share’s into orbit, rising 10.6 per cent. The financial moves were made prior to EchoStar’s recent approach to acquire Inmarsat and […]
A survey of the content viewing behaviour of Hong Kong consumers from CASBAA, the trade association for the video industry and ecosystem in Asia Pacific, reveals that close to one in four consumers (24 per cent) use a TV box which can be used to stream pirated television and video content. These TV boxes, also […]
Hong Kong Customs has conducted an anti-piracy operation and detected a suspected case of illegal re-broadcasting of pay-TV World Cup programmes on an Internet broadcasting platform. During the operation, Customs arrested two men aged 21 and 60 respectively. A batch of computer devices with an estimated market value of about HK$20,000 (€2,190) was seized. Customs […]