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Telco

Spain Digital Dividend delay cost €9m a month

The Spanish government will reportedly have to pay the telco operators Telefonica, Vodafone and Orange at least €9 million a month (€300,000 a day) if it fails to release the 800 Mhz frequencies by January 1st 2015. These frequencies are now used by DTT channels which should migrate to other bands to allow the provision […]

April 2, 2014From David Del Valle in Madrid

KPMG: Surge in M&A no surprise

David Elms, KPMG’s Head of Media, has commented on the back of figures showing that the value of deals in the TMT sector during the first quarter of 2014 has reached its highest level since 2006: “Attitudes and outlook in the industry have definitely changed and

April 1, 2014

Turk Telekom still wants Digiturk

Türk Telekom is still reportedly interested in digital pay-TV operator Digiturk. Back in July last year Türk Telekom submitted a non-binding offer to buy a 53 per cent stake of Digiturk, one of 12 companies of the Çukurova group that had been seized by Turkey’s state-run Savings Deposit and Insurance Fund (TMSF).However, Çukurova had said […]

March 24, 2014By Chris Forrester

Spain: Consolidation draws new telco map

ONO’s acquisition by Vodafone and other envisaged mergers are set to change the face of the Spanish telco market, with three large groups – Telefonica, Vodafone and Orange dominating the business. These three companies now control over 90 per cent of the mobile and broadband business in terms of revenues and 70 to 80 per […]

March 17, 2014From David Del Valle in Madrid

Bouygues increases SFR bid

Bouygues has boosted the cash portion of its offer for Vivendi’s SFR to €11.3 billion as it seeks to top a competing bid from cable billionaire Patrick Drahi that’s less likely to run into regulatory hurdles. The construction and telco group led by Martin Bouygues said its revised proposal includes an additional €800 million in […]

March 13, 2014

Spain: Orange eyes Jazztel

Whilst ONO decides to accept or not Vodafone’s purchase bid of around €7 billion, a new consolidation move is envisaged in the Spanish telco market. France’s biggest telco company and Spain’s third largest (after Telefonica and Vodafone), Orange, is reportedly eyeing Jazztel for a possible takeover with a value estimated at around €2,500 million. TeliaSonera, […]

March 12, 2014From David Del Valle in Madrid

Bouygues bids for SFR

French construction and telecommunications group Bouygues, has offered €10.5 billion cash for Vivendi’s SFR unit, setting up a bidding war with billionaire Patrick Drahi’s Altice group and potentially creating a phone carrier to rival Orange. Bouygues said its offer, which includes assets at the Bouygues Telecom unit and is fully backed by financing from HSBC, […]

March 6, 2014

Telecom Italia narrows losses

Telecom Italia Media has posted a narrower net loss of €132 million in 2013 after the sale of two loss-making television channels. The company, which had posted a loss of 241 million euros in 2012, sold the La 7 and MTV channels in April and September 2013 respectively. Telecom Italia Media, which is in talks […]

March 5, 2014

Google Fiber explores wider roll-out

Saying that it has learned a lot from its existing gigabit Internet Google Fiber projects, Google has invited cities in nine metro areas around the US – 34 cities altogether – to work with it to explore the possibility of bringing the service to those locations. In a blog post, Milo Medin, VP, Google Access […]

February 20, 2014By Colin Mann

Eutelsat “significantly upscaling” in LatAm

Eutelsat’s CEO Michel de Rosen told analysts early on February 14th that the closing (on January 1st) of its purchase of the Mexico-based SatMex fleet of satellites would lead to a “significant upscaling” of its business over Latin America. De Rosen said the Mexican deal meant and extra $70 million in revenues this half-year, and […]

February 14, 2014By Chris Forrester