Deutsch Telkom has announced that Tim Höttges will remain CEO of Deutsche Telekom. The Supervisory Board has extended his contract, which runs until the end of 2026, ahead of schedule until the end of 2028. At the same time, two managers are moving into new key positions: Srini Gopalan, previously responsible for Deutsche Telekom’s German […]
Spanish technology company Indra is set to buy satellite operator Hispasat from Redeia for €650 million. Indra, in which the Spanish Government has a 28 per cent stake, and Redeia are finalising the negotiations to complete the deal that will then be submitted for approval to both board of directors in each company. The recent […]
Kantar Group, the market research company based in London and portfolio company of Bain Capital, has announced the proposed sale of Kantar Media to H.I.G. Capital, an alternative investment firm with $67 billion (€64.4bn) of capital under management. The proposed acquisition by H.I.G. Capital comes at a pivotal moment for Kantar Media. The company, which […]
A takeover bid for satellite operator Thaicom has been made by Gulf Edge, Gulf Energy and Intouch Holdings. Gulf Edge already owns 41.14 per cent of Thaicom and if successful with its bid says that it will maintain the current business plan and the business will stay listed on the Thai stock exchange. Thaicom, and […]
Eutelsat has a new major investor. Spacetime Transformations, acting on behalf of clients and funds under its management, has acquired 5.01 per cent of Eutelsat’s shares. The company, controlled by British businessman Christopher Harborne, said it held 23,827,744 Eutelsat shares, or 5.01 per cent of the satellite operator’s capital and voting rights, on behalf of […]
Saudi Arabia’s Public Investment Fund (PIF) is reportedly close to agreeing a $1 billion (€0.97bn) acquisition of a 10 per cent stake in sports streaming platform DAZN. A deal could be announced as early as this January, according to Bloomberg, with the PIF’s sports arm, SURJ Sports Investment, representing the potential minority investors. An agreement […]
DirecTV has acquired the majority ownership of Invidi Technologies, a specialist in providing addressable television advertising solutions that increase the value of advertising inventory for programmers and distributors by allowing marketers to target specific audiences on television without wasting ad impressions. “DirecTV has been a trailblazer in addressable TV for nearly 15 years. Our longstanding […]
T-Mobile has entered into a definitive agreement to acquire Vistar Media, a provider of technology solutions for digital-out-of-home (DOOH) advertisements. Through the T-Mobile Advertising Solutions business, T-Mobile will acquire all of Vistar’s capabilities. This includes its intelligent marketplace and technology solutions for buying, selling and managing media campaigns across a global network of more than […]
Gilat Satellite Networks has successfully closed the acquisition of Stellar Blu Solutions, a US-based provider of next-generation SATCOM terminal solutions. The deal was first announced in June 2024. Gilat expects its annual revenues from Stellar Blu to range between $120 million (€115m) and $150 million in 2025, based on Stellar Blu’s backlog. In addition, the […]
After obtaining all regulatory approvals, Swisscom has successfully completed the acquisition of Vodafone Italia. Fastweb and Vodafone Italia bring together complementary high-quality mobile and fixed infrastructures, competencies, and capabilities to create a leading converged challenger in Italy: Fastweb + Vodafone. The transaction is a key step for Swisscom to achieve its strategic objective of profitable […]