Mangomolo, a full-service OTT video platform provider, has announced a significant expansion of its team in response to increased demand for its services across key markets around the world. The company has bolstered its workforce by 13 per cent, strategically adding developers and dedicated customer support executives to its ranks. As the demand for OTT […]
The Spanish Supreme Court has rejected an appeal by infrastructure provider Cellnex and ruled that the company will have to pay a €13.7 million fine imposed by the regulator CNMC for abuse of a dominant position in the DTT market. The ruling brings the matter to an end after a decade in the courts since […]
Stonepeak, an investment firm specialising in infrastructure and real assets, and Cellnex Telecom, a european operator of wireless telecommunications infrastructure, have reached an agreement for Stonepeak to acquire a 49 per cent interest in Cellnex Sweden and Cellnex Denmark (Cellnex Nordics) for € 730 million. Cellnex will continue to manage the day-to-day business of Cellnex […]
Spanish telco provider, Cellnex Telecom, will have to pay a €13.7 million fine imposed by regulator CNMC for the abuse of its dominant position in the distribution of DTT signals. The Spanish court Audiencia Nacional has ratified the sanction after Cellnex’s appeal before the Supreme Court that obliged a recalculation of the fine amount. A […]
Video software provider Synamedia has announced that Cellnex group, the telecommunications and broadcasting infrastructure operator, will be deploying Synamedia virtual Digital Content Manager (vDCM) to support the Spanish public broadcaster RTVE. Cellnex said it chose Synamedia because of vDCM’s ability to future-proof RTVE’s infrastructure. For the first time, Cellnex will move to a software-only environment […]
US wireless communications infrastructure provider American Tower (ATC) is reported to be considering growing its presence in Europe, with Spanish business daily Okdiario suggesting that company is considering a takeover bid for Spanish broadcast and telecoms infrastructure provider Cellnex Telecom, in partnership with venture capital fund Brookfield. ATC acquired the tower division of Telefónica’s Telxius […]
Tobías Martínez, CEO of Cellnex, the Spanish telco tower operator, is stepping down from his role. Martinez said that the company needs someone new who “maximises organic growth, consolidates the industrial project in all markets and achieves the goal of investment grade amid the current economic and financial context”. “All these factors have led me […]
Spanish public broadcaster RTVE has awarded Retevision (Cellnex) the distribution of its audiovisual signals (including DTT) for the next five years, starting in 2023, for a total of €350 million. Retevision had already been distributing RTVE’s signals for the previous 7-years, but the current contract is about to come to an end. Around €320 million […]
Cellnex, the Spanish domestic broadcasting transmission operator, has been ordered to pay a €18.7 million fine for abuse of dominant position in the carriage of TV signals. According to El Pais, the Spanish Court Audiencia Nacional has ratified the fine imposed by the regulatory body CNMC for abusing its dominant position in the market overcharging […]
A trio of investors, KKR & Co, Global Infrastructure Partners and Stonepeak Partners, have combined to bid for a controlling stake in Deutsche Telekom’s (DT) cellular towers subsidiary, according to Bloomberg. However, they are not alone in the bidding war. A consortium of Canadian investment firm Brookfield Asset Management and Cellnex Telecom has also made […]