SVoD service SkyShowtime will officially launch on September 20th, bringing its premium offering of exclusive entertainment to millions of homes across Europe. A joint venture of Comcast — parent company of NBCUniversal and Sky — and Paramount Global, SkyShowtime will initially launch in Denmark, Finland, Norway and Sweden before expanding into the Netherlands later in […]
Warner Bros Discovery and BT Group have completed their transaction to form a 50:50 Joint Venture (JV) that combines the assets of BT Sport and Eurosport UK. The move brings together an extensive line-up of live sport coverage for fans in the UK & Ireland – including the Premier League, UEFA Champions League, UEFA Europa […]
Liberty Global, Telefónica Infra, S.L.U, a wholly owned subsidiary of Spanish telco Telefónica, together with infrastructure and technology investment specialist InfraVia Capital Partners, are to set up a new Joint Venture (JV) that will roll out fibre-to-the-home (FTTH) to greenfield premises across the UK. The partnership will initially roll out fibre to 5 million homes […]
Following the period of exclusive negotiations that began on March 8th, telcos Orange and MásMóvil have signed a binding agreement to combine their businesses in Spain. The transaction is based on an enterprise value of €18.6 billion, €7.8 billion for Orange Spain and €10.9 billion for MásMóvil. The transaction is subject to approval from antitrust […]
Following submission to the UK’s Competition and Markets Authority (CMA), BT Group and Warner Bros Discovery have welcomed the decision to approve the BT Group agreement with Warner Bros Discovery to form a 50:50 Joint Venture (JV) company that will create a new sports offering for the UK & Ireland. The CMA’s decision now allows […]
Following its announcement of exclusive discussions on February 3rd, BT Group has agreed a set of definitive agreements with Warner Bros Discovery to form a 50:50 joint venture company to create a new premium sport offering for the UK & Ireland and to transfer the operating businesses of BT Sport to Warner Bros Discovery By […]
US multiplay telcos Charter Communications and Comcast Corporation have formed a 50/50 joint venture to develop and offer a next-generation streaming platform on a variety of branded 4K streaming devices and smart TVs, aimed at providing consumers with a world-class user experience and navigation, all the top apps, and more choice in the streaming marketplace. […]
Telcos Orange and MásMóvil have confirmed they are in exclusive discussions to combine their businesses in Spain. The combination would take the form of a 50-50 Joint Venture, co-controlled by Orange and MásMóvil (LORCA JVCO) with a combined enterprise valuation of €19.6 billion. Valuations are attractive for both businesses, with Orange Spain’s enterprise value at […]
A major Joint Venture from Reliance Jio, the giant Indian telco, and satellite operator SES, which will see Jio use the SES capacity for broadband connectivity for its Indian customers. Investment bank Exane/BNPP says the move is a major endorsement for SES and in particular its mPower fleet of satellites. The bank says: “The endorsement […]
Jio Platforms (JPL) and SES have formed a multi-year Joint Venture to supply high-performance satellite-based broadband services across India. Jio will be the anchor customer for the new JV, which will extend Jio’s network reach and resiliency by leveraging SES’s satellites in both geostationary and medium earth orbits, including O3b mPOWER fleet. JPL and SES […]