Kuwait-based investment fund KIPCO, which owns a majority stake in Dubai’s pay-TV operator OSN, says that it sees “enormous potential” for continuing growth in subscribers, revenues and profits at OSN. A statement on May 25th from KIPCO reports that OSN’s net profits jumped an impressive 66 per cent, although did not convert this into a […]
Mediaset’s broadcasting network operator Ei Towers has launched a bid for its counterpart RaiWay, owned by public broadcaster RAI. The cash and stock offer values RaiWay at €4.50 per share, or €1.22 billion. The cash component corresponds to approximately 69 per cent of the aggregate valuation of each RaiWay ordinary share, while the share component […]
Spanish local cable operator Euskaltel is considering a float on the Stock Market to raise funds for growth. The company, with operations in the Basque Country, has hired Rothschild Bank to assess the process with a final decision to be made in June. Euskaltel, partly owned by private equity funds Trilantic and Invesindustrial, is seeking […]
India’s Videocon d2h pay-TV operation has asked the country’s Securities & Exchange Board to put on ‘hold’ its prospectus for an IPO which it filed on September 30th last year. US-based Silver Eagle Acquisition Corp (SEAC) invested $303.7 million (for 33.5 per cent stake) into the d2h business on January 7th and is seeking a […]
In a move that boosts its end-to-end video distribution capability with Dynamic Ad Insertion, Just-in-Time Packaging and Cloud DVR Technology, advertising management and video infrastructure solutions specialist Imagine Communications has signed a definitive agreement to acquire the assets of RGB Networks, Inc., a leading provider of multiscreen video delivery solutions based in Sunnyvale, California. The […]
Tele Columbus has set the offer price for shares for its IPO at €10 per share . The offer price is therefore at the mid-point of the price range from €8 to €12 per share. The offering was well oversubscribed at the offer price. A total of 51,022,500 shares will be placed, comprising 33.3 million […]
Tele Columbus, Germany’s third largest cable network operator, has revealed further details on its initial public offering. The price range for the offered shares has been set at €8 to €12 per share. The offer period will start on January 13th 2015 and is expected to end on January 21st 2015. The admission to trading […]
Tele Columbus AG, the third-largest German cable network operator, is moving ahead with its plans for an Initial Public Offering (IPO). Tele Columbus intends to list its shares on the regulated market (Prime Standard) of the Frankfurt Stock Exchange in the first half of 2015, market conditions permitting. The IPO will consist of new shares […]
Videocon d2h, formerly Bharti subsidiary Bharat Business Channel, is to mount an IPO and raise some 7 billion Rupees ($113 million) and using half of the cash raised to fund the purchase of new set-top boxes, dishes and similar elements. About R1.75 billion will be used to pay down debt, and the balance used for […]
Germany’s third-largest cable company Tele Columbus has been converted into a joint-stock company, effective September 12. The Berlin-based company (now officially Tele Columbus AG) has been working towards a change in its structure for the past few years. “The new legal form also gives us more flexibility for additional growth and the future development of […]