Indonesian billionaire Chairul Tanjung has agreed to buy an 80 per cent stake in the country’s second-biggest pay-TV operator, Telkomvision, heating up competition in the emerging pay television market currently controlled by another tycoon, Harry Tanoesoedibjo. Just 7 per cent of all Indonesia households have pay-TV, compared to India and China with 83 per cent […]
Intraway Corporation today announced its agreement to acquire Baking Software, a company specialized in empowering subscriberswith software that easily solves home network configuration problems and enhance their service experience. This acquisition will strengthen Intraway’s leadership position in the OSS landscape and will help MSOs to increase customer loyalty and faster achieve operational excellence. Baking Software […]
Mike Fries, President and CEO of Liberty Global International, has described the fragmentation of the German cable market as not making sense. He also admitted that the cable MSO has “plenty” of money to fund potential acquisitions in Germany. Speaking in a TV Summit panel session at ANGA COM, Fries confirmed that the company’s investors […]
Vodafone is taking a fresh look at taking over Germany’s largest cable operator, Kabel Deutschland, reports The Wall Street Journal, with any potential deal valued at $8.3 billion. The global cellco reportedly put its plans on hold late February, while in April, suggestions emerged that Liberty Global Inc was preparing its own takeover bid. Earlier […]
CBS has acquired full ownership of TV Guide’s online and mobile apps divisions, buying out the 50 per cent share held by Lions Gate Entertainment. CBS now owns TV Guide Digital, which includes the TVGuide.com website and TV Guide Mobile properties, the company confirmed in a statement. CBS and Lions Gate share ownership of TV […]
US telco Sprint and Japan’s SoftBank have announced that SoftBank has been granted approval by the USA’s Committee on Foreign Investment to proceed with their merger proposal for Sprint. This does not mean that SoftBank’s bid for Sprint is a done deal. However, the announcement appears to bury any anxieties that SoftBank’s links to China […]
DISH Network has sent a letter to Clearwire Corporation with an offer to acquire Clearwire for $4.40 per share in cash. DISH said it is making this offer public in light of the limited time remaining prior to the Clearwire stockholders’ meeting to be held on May 31st. DISH intends to commence a tender offer […]
Optus Satellite is up for sale. Owned by Singapore Telecom, the telco is reportedly looking for around $1.9 billion for its satellite assets. Optus has an EBITDA income of some $210 million last year. Optus supplies TV, telephony and broadband services to Australia and New Zealand. First Round bids are due to be submitted on […]
Fresh from its $1.1 billion acquisition of microblogging platform and social networking website Tumblr, Yahoo! is the latest company rumoured to be interested in acquiring online entertainment service Hulu. A blog on the AllThingsD website named Yahoo!, with Bloomberg earlier reporting that KKR & Co. and private equity firm Silver Lake had joined a list […]
Docomo of Japan has wholly acquired MCV Guam, the largest cable television and Internet service provider in Guam and the Commonwealth of the Northern Mariana Islands. The purchase from MCV Acquisition, LLC, the holding company of MCV, worth approximately $129.8 million, was made by a wholly owned holding company established in Guam by Docomo. The […]