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Business

Globe Telecom anti-piracy campaign success

Philippines broadband telco Globe has won three creative competition Kidlat Awards for its execution of #PlayItRight’s ‘Piracy vs. Piracy’, the company’s homegrown advocacy to encourage Filipinos to download or stream content from legitimate sources.Piracy vs. Piracy was recognised for three awards—Creative Use Of Media, Branded Corporate Social Responsibility and Digital Activation and Campaigns—at the Ad […]

March 19, 2018By Colin Mann

Sky/21CF confidentiality agreement

In a move that will help pave the way for its takeover by 21st Century Fox, Sky has entered into a confidentiality agreement with Fox and The Walt Disney Company. In accordance with market rules on Takeovers and Mergers, Sky revealed the terms of the agreement, which relate to the disclosure of information for the […]

March 16, 2018By Colin Mann

Vodafone Spain loses Ono case

Vodafone Spain has lost a legal case against the former top management team at Ono, the cable operator it bought in 2014 for €7.2 billion. A Spanish Court has refuted Vodafone’s accusation of mismanagement on the grounds that the directors were diligent at Ono. Vodafone had sued Ono’s former chairman José María Castellano, CEO Rosalía […]

March 16, 2018From David Del Valle in Madrid

£67m boost for a Full Fibre future

Tens of thousands of businesses and homes across the UK are set to benefit from a £67 million (€75.9m) investment in faster Internet connections, the Chancellor Philip Hammond has announced. The Nationwide Gigabit Broadband Voucher Scheme (GBVS) will provide vouchers worth up to £3000 for a small or medium sized business or £500 to residents […]

March 16, 2018

SES raises €500m of debt

Satellite operator SES says it has raised €500 million of debt in the form of an 8-year Eurobond. Terms of the borrowing are that the notes will bear a Coupon of 1.625 per cent per annum and were priced at 99.34 per cent of their nominal value. Repayment is due in 2026. Proceeds of the […]

March 16, 2018By Chris Forrester

Altice sees signs of recovery

Altice, the Netherlands-based multinational telecoms company, said it was seeing signs of a recovery in the French market as it reported its annual results. The debt-ridden group is currently undergoing a restructuring to improve its numbers. The group posted revenue growth of 0.6 per cent year-on-year for the FY 2017. Dexter Goei, President of the […]

March 16, 2018

Disney creates video streaming unit

The Walt Disney Company has created a new unit for its streaming video and international businesses “to capitalise on today’s rapidly changing media landscape and more closely align with the Company’s priorities for future growth.” Kevin Mayer, the company’s chief strategy officer, has been named chairman of the new division, which will oversee the upcoming […]

March 15, 2018

Hancock on RT fate, social media after Brexit

UK Culture Secretary Matt Hancock told the DCMS Select Committee that the decision over forcing Russia Today (RT) off air will be left to regulator Ofcom. There to discuss ‘fake news’ Hancock also said Brexit could free up Britain to impose world-leading regulations on technology companies. He argued that when Britain left the EU it […]

March 15, 2018

Facebook, WhatsApp data-sharing plan blocked

Facebook has been prevented from making use of UK user’ WhatsApp data for purposes beyond the chat app itself. The social media giant had announced in 2016 that it intended to tap into its subsidiary’s records to give better friend suggestions and show targeted ads.  However, the UK’s information commissioner said this would have breached […]

March 15, 2018

Sports, music rights holders main High Court claimants

The English High Court continues to be dominated by sports and music copyright cases, with all three of the most frequent claimants in 2017 being sport and music bodies, according to RPC, the City-headquartered professional services firm. RPC says that the top three most frequent claimants in the High Court last year were: PPL (Phonographic […]

March 14, 2018By Colin Mann