US giant telco AT&T, stymied in its $39 billion bid to buy T-Mobile, may now mount a bid to buy US satellite DTH broadcaster Dish Network, founded by Charlie Ergen. Analysts at investment bank Stifel Nicolaus suggested in a note to clients that Dish Network, the USA’s second-largest satellite broadcaster, is now firmly in AT&T […]
AT&T and Deutsche Telekom have terminated the agreement on the sale of T-Mobile USA to AT&T. As a result, AT&T will pay Deutsche Telekom the break-up fee agreed in the contract; a record $3bn cash. In addition, it contains a large package of mobile communications spectrum and a long-term agreement on UMTS roaming within the […]
Canal+ Group, ITI Group and TVN Group have confirmed a strategic partnership to combine their Polish pay-TV businesses and for Canal+ Group to become a key shareholder in TVN. This combination of Cyfra+ and TVN’s ‘n’ creates a leading direct-to-home (DTH) platform with an expected combined base of 2.5 million post-paid customers by the end […]
Mexico’s antitrust agency has started an investigation into agreements between phone carriers and TV programming providers, a sign that Grupo Televisa SAB’s bid to enter the wireless industry is facing more scrutiny. Deals between fixed-line phone, wireless, Internet, broadcast and pay-TV providers could represent prohibited concentrations of market power, the antitrust agency said in the […]
Liberty Global has announced that, following receipt of regulatory approval, it has completed the purchase of Kabel BW GmbH (KBW), the third largest cable TV operator in Germany, in accordance with the terms of its previously announced acquisition agreement. The acquisition of KBW, when combined with Unitymedia, the country’s second largest operator, will significantly increase […]
The consolidation of Spanish commercial TV business has given rise to a duopoly with two main players, Telecinco-Cuatro and Antena 3-La Sexta controlling 85.6 per cent of the TV ad pie and 52.1 per cent of audience ratings. Two years after the merger between Mediaset-owned Telecinco and Cuatro, now both under the umbrella of Mediaset […]
Netflix shares jumped on Tuesday as Bloomberg reported rumours that Verizon is sizing up a bid for Netflix. Analysts apparently believe Verizon is targeting a streaming media property and Netflix is top of the list. If a bid emerges it is likely other players will also enter the field with a price tag of $4.6bn […]
Apple is reportedly set to pay in excess of $400 million for Anobit, an Israeli start-up focused on flash memory and digital signal processing technologies. The deal, reported in the Israeli financial press, may indicate that Apple is looking to boost the memory on its devices and improve reliability. Anobit’s products are already integrated on […]
Chase Carey, president/COO and deputy chairman of News Corp, made has told the UBS Global Media & Communications event that News isn’t happy to remain a minority shareholder in BSkyB, so if takeover is out then selling their stake is real possibility. During the Q & A session Carey signalled that the $15 billion-worth of […]
French investment and industrial holding group Bolloré and Canal+ Group have confirmed that they have signed the definitive agreement regarding the acquisition of the Bolloré Group free-to-air channels by Canal+ Group. The agreement provides for the acquisition of the Direct 8 and Direct Star channels in two steps, as well as of the advertising sales […]