Three non-binding offers, from the Clessidra Fund, mobile operator 3 Italia and Discovery Channel, have been submitted for the TV assets of Telecom Italia Media (La7 and MTV Italia) and the company’s three DTT multiplexes. According to Italian press reports, Italy’s Clessidra Fund was the only bidder for the entire package (broadcasters + multiplexes), offering […]
Four groups are still racing for the assets of Telecom Italia Media that are up for sale, according to Italian newspapers. Cairo Communications, 3 Italia, owned by China’s Hutchison Whampoa, Germany’s RTL of the Bertelsmann Group and the US’s Discovery Channel will submit non-binding bids before today’s deadline. The offers will be then examined by […]
DirecTV is considering a bid for Brazilian telecom company Global Village Telecom (GVT), according to Bloomberg. GVT is owned by the French media and telecoms conglomerate Vivendi, but the owners have plans to offload the company and have drawn up a list of interested parties which will reportedly be given access to the Brazilian asset’s […]
Advanced video services provider Avail-TVN is to provide content for the Google Fiber broadband TV service. Launched in July 2012 in Kansas City, Google Fiber offers connection speeds 100 times faster than traditional broadband and delivers both Internet and TV into the home. Avail-TVN will provide a range of content including studio, broadcast and cable […]
TalkTalk, the ISP that is moving into television in the hope of offering customers a rival service to Virgin Media, is to create 500 new jobs. The positions, revealed by chief executive Dido Harding in an interview with The Sunday Telegraph, will be for engineers visiting the homes of the thousands of people who have […]
UK regulator Ofcom has authorised Everything Everywhere, the JV of the Orange and T-Mobile networks, to use its existing bandwidth to launch fourth-generation (4G) mobile services. Everything Everywhere will be allowed to offer 4G services from 11th September. Ofcom said the move would deliver “significant benefits” to consumers that outweigh any competition concerns. Vodafone and […]
France’s Vivendi has reshuffled its board, appointing Jean-Yves Charlier as head of telecoms and giving the chairman of pay-TV channel Canal +, Bertrand Meheut, the task of reviewing its media and content activities. Charlier will take the telecoms job in October after quitting as head of interactive learning company Promethean and leaving the supervisory board […]
Magyar Telekom has reported that Q2 net profit more than doubled from a year ago when it was hit with one-off legal fees, and flagged price rises and spending cuts for the second half to improve its underlying profitability. Net profit for the three-month period came in at €38 million, up from €15.6 million in […]
Deutsche Telekom is among the bidders for PrimaCom Berlin in a return to cable assets a decade after selling them off, according to reports. Offers were due last week after interested buyers studied PrimaCom’s financial data. A price of €250 million is expected.
Included in the July 26th launch of the Google Fiber 1 Gbps fibre-to-the home network in Kansas City was confirmation from the information and search giant of Google Fibre TV over the network. Promising not just high definition television, but “the highest quality” courtesy of the 1 Gbps connection, Kevin Lo, General Access Manager, said […]