Two major shareholders in the pre-bankruptcy Intelsat, plus the former chairman, are named again by Plaintiffs in a Class Action which alleges they took part in selling off investments in Intelsat helped by inside knowledge. The complaint was originally mounted earlier in 2022, but the judge in the case dismissed the Federal Class Action, nevertheless […]

Southeast Europe—focused multiplay telco United Group is to acquire Nova Broadcasting Group, Bulgaria’s largest multi-platform media company, from Advance Media Group. The transaction is expected to close early in 2021 and is subject to customary regulatory approvals. Nova comprises 10 TV channels, including national NOVA TV; the country’s largest online platform Net Info that reach […]