Charlie Ergen, speaking to analysts following his company’s results announcement, said that without a merger between DirecTV and his own DISH Network the risk is that transmissions from the tow pay-TV operators “will just melt away”. Ergen repeated his previous statements that a merger was inevitable. “The regulatory reasons to not allow [a merger] don’t […]
Tegna, the US broadcast, digital media and marketing services company headquartered in Virginia, and an affiliate of Standard General have entered into a definitive agreement under which Tegna will be acquired by the Standard General affiliate for $24 (€21.17) per share in cash. The transaction has an equity value of approximately $5.4 billion and an […]
Orange Spain, Spain’s second largest network, is exploring a merger with MásMóvil, the fourth largest telco, according to local reports. Both companies would share 50 per cent of the new group, including MasMovil’s shareholders: buyout funds KKR, Cinven and Providence. The resulting company would approach Telefonica in szie, and leapfrog Vodafone, currently the third largest. […]
The CEO of Vodafone, Nick Read, said during a conference call with analysts that it is in active talks with other operators over possible consolidation moves in Spain, Italy, UK and Portugal. All options are open: a merger, a joint venture or a sale of the company. Speculation on a possible merger with MásMóvil are […]
Reports suggest that telco Vodafone and French operator Iliad are in talks to combine their respective Italian businesses. Such a deal would create a business with a mobile market penetration of some 36 per cent and combined revenues of nearly €6 billion. According to Reuters, Iliad is working with investment bank Lazard on a potential […]
AT&T’s DirecTV and Charlie Ergen’s DISH Network have reportedly resumed talks regarding merging their DTH operations – and a deal could be close. The New York Post says it has learned that discussions are again taking place despite past anti-trust concerns that such discussions would never pass muster with the competition authorities. The Post says […]
DVEO has announced that it has merged with Stream Republic. DVEO says it is planning to run its operations and provide the same services but with the added support of OTT services provider Stream Republic “It is an exciting time for DVEO to be joining forces with Stream Republic. Stream Republic will bring the OTT […]
Following the merger of Spanish company Klode Media, formerly Ikusi Multimedia, and Danish company TRIAX, the two companies become one organisation under one name and brand: TRIAX. The headquarters for the united organisation will be in Denmark with subsidiaries in 11 countries and partner presence in 60 more. Group CEO, Ken Cordes, commented: “Having one […]
ION Acquisition Corp 2, a special purpose acquisition company, has announced that its shareholders have voted to approve the previously-announced business combination with Innovid, an independent connected TV advertising delivery and measurement platform. Approximately 97.4 per cent of the votes cast at the meeting voted to approve the transaction. The closing of the business combination […]
Rogers Communications has met with Canada’s telecoms regulator CRTC with regards to merging its activities with those of Canada’s other pay-TV giant, Shaw Communications. Edward Rogers, chairman of Rogerss, told a hearing that the deal would enhance, and not stymie, competition. “Canada is no longer an island. We participate in a global industry, with global […]