The Spanish Administration will grant €104.9 million in public funds to 33 operators to extend the deployment of FTTH at a minimum speed of 100 Mbps to small cities and villages. Some 73 operators submitted their bids with a total of 264 proposals. 138 were approved from 33 operators with a total investment of €169.48 […]
An analyst report suggests that tech giant Apple could be preparing a bid for SVoD giant Netflix. Analysts at Citi claim that there is a “40 per cent chance” that Apple could buy Netflix as a consequence of increased cash reserves following President Donald Trump’s corporate tax cuts. Apple would also get a huge cash […]
Concurrent has closed the previously-announced sale of its content delivery and storage business to Canada-based Vecima Networks for $29 million (€24m) in cash. Effective immediately, the Company has changed its name to “CCUR Holdings”. It will continue to trade on the NASDAQ market under the symbol “CCUR”.
Reports from Wall Street suggest that entertainment technology and audience insights specialist TiVo might be in play. Numerous reports say that private equity buyers are looking at TiVo and its valuable royalty assets. December 29th saw its share price rocket by 11.4 per cent to $14.05 (€11.67) although this price remains well down on its position […]
Suggesting the newly-listed company is well-positioned to leverage world-class technology, innovation and scale, Liberty Latin America, which has telecommunications operations in Chile, Puerto Rico, the Caribbean and other parts of Latin America, has completed its previously-announced split-off from international TV and broadband company Liberty Global and its launch as an independent, publicly-traded company. Following the […]
The son of Saudi Arabian billionaire Sheikh Salah Kamel, who owns the Arab Radio & Television (ART) broadcasting empire, Mohi Saleh Kamel, was released from detention at the Riyadh Ritz Carlton hotel on December 29th. Mohi Kamel was one of 23 detainees released. Saoud al-Daweesh, the former chief executive at Saudi Telecom was another. They […]
A new multi-million-pound fund to help increase the range of children’s television in the UK has been announced by Culture Secretary Karen Bradley. The £60 million (€67.5m) fund will be available for content creators to receive up to 50 per cent of the production and distribution costs of original TV shows. It will be available […]
UEFA, the governing body of European football, has been granted a UK High Court injunction aimed at tackling illicit streaming of matches. Mr Justice Arnold made an order against the six main retail internet service providers (ISPs) in the UK (British Telecommunications PLC, EE Limited, Plusnet PLC, Sky UK Limited, TalkTalk Telecom Limited and Virgin […]
Rallying around a plan to eliminate the digital divide by 2022, a diverse group of community leaders, rural advocates and top innovators have launched of Connect Americans Now. The new alliance will work with the Federal Communications Commission (FCC) and other policymakers to ensure that there is sufficient unlicensed low band spectrum in every market […]
Troubled specialist satellite operator Avanti used the Christmas break to issue its slew of bad news contained within its end-of-year results. December 27th saw the statement unveiled, for its trading year to June 30th. Revenues for the year were just $56.6 million (€47m), down a dramatic $26.2 million on the already worrying 2016 revenues of […]