The pay-TV merger between Showtime Arabia and rival Orbit has concluded.

The deal was announced last month, although no official valuation was given. Showtime Arabia had reportedly bought out its Viacom minority partner in its Gulf-DTH operation. Kipco, an investment vehicle ultimately controlled by the Kuwait royal family which already controlled 75.3% of Gulf-DTH.

Other posts by :

1. Ghana makes MultiChoice fee decision
2. SES announces €0.25c dividend
3. Russia “blinding and destroying” German satellites
4. Bank: AST, Starlink, Kuiper targeting $200bn market
5. Rivada: Is no news good news?
6. SES celebrates Intelsat acquisition
7. Pakistan halts broadband direct-from satellite
8. India stymies Starlink launch
9. Starlink, AST SpaceMobile race for cellular consumers

Categories: Articles, Broadcast, Business, DTH/Satellite, M&A