Teracom has become the sole shareholder of Boxer, the Swedish DTT operating company, after buying out the 30 per cent of private equity firm 3i.

Crister Fritzson, CEO of Teracom, who previously held the same position with Boxer said there would be no change of direction. “Teracom has always been the main shareholder in Boxer and acquiring all the shares is a logical continuation of that ownership. Boxer will continue its successful business in the same manner as before, that is being a pay-TV operator dedicated to terrestrial platforms and working independently of any individual broadcaster.”

Other posts by :

1. Rakuten makes historic satellite video call
2. Rocket Lab confirms D2C ambitions
3. Turkey establishes satellite production ecosystem
4. Italy joins Germany in IRIS2 alternate thoughts
5. Kazakhstan to create museum at Yuri Gagarin launch site
6. AST SpaceMobile gets $42 or $1500 price target
7. Analyst: GEO bloodbath taking place
8. SES AGM results: Appaloosa still objecting
9. SpaceX’s Shotwell worth $1.2bn

Categories: Articles, Business, M&A