Dutch cable company Ziggo is not in talks with US group Liberty Global, Ziggo’s Chief Executive Officer (CEO) Bernard Dijkhuizen has told a Dutch newspaper. His comments come a day after Ziggo said it was preparing for a listing on the Amsterdam stock exchange and follow months of speculation in the Dutch press that Liberty, […]
Canadian cable MSO Cogeco Cable has sold its struggling Portugal unit Cabovisão to European media and telecoms investment group Altice for €45 million Altice holds stakes in Numericable, Est Videocom, Coditel and Completel companies in France, Belgium and other parts of Europe. The sale was long expected after Cogeco Cable wrote off its entire investment […]
Australian pay-TV operators Foxtel and Austar have agreed to make some of their exclusive content available to Internet Service Providers as part of undertakings to win support from the competition regulator for their A$1.9 billion merger, reports The Australian. It is understood the pair will allow some content to be used by ISPs for IPTV, […]
Silicon and software solutions provider Entropic Communications has been selected as the successful bidder to acquire Trident Microsystems’ set-top box (STB) system-on-a-chip (SoC) assets for a purchase price of $65 million, a $10 million dollar increase to its original offer. Confirmation follows the completion of an auction, and the final transaction is subject to approval […]
Liberty Global has announced financial and operating results for the year and the three months ended December 31st, 2011. Highlights include organic RGU additions increased 42 per cent to 1.2 million, revenue up 5 per cent to $9.5 billion and operating income increased 30 per cent to $1.8 billion. Meanwhile, Dutch daily De Telegraaf reported […]
Spanish construction and telecoms giant Abertis is buying a large stake in Spanish satellite operator Hispasat from Telefónica. Abertis, which recently cut its investment in Eutelsat by half, is paying $164.5 million for Telefónica’s 13 per cent stake in the Spanish operator. It means Abertis controls almost 50 per cent of Hispasat. Abertis will now […]
Following yesterday’s reports in US press that Cisco was looking to sell Scientific-Atlanta, the company has moved to confirm its commitment to set-top boxes, describing such comments as “erroneous” and “unsourced”. In a Service Provider blog, Corporate Communications head John Earnhardt drew attention to comments made earlier in the month by Cisco Chairman and CEO […]
OAO Rostelecom, Russia’s dominant fixed-line phone operator, plans to boost its stake in pay television operator National Telecommunications, or NTK to 100 per cent, according to Russian newspaper Kommersant. Rostelecom could spend $460 million to acquire the 28 per cent of NTK shares it doesn’t already own from OAO Gazprombank.
The US Justice Department and the European Commission have approved Google’s $12.5 billion purchase of Motorola Mobility. The acquisition gives Google a foothold in the mobile phone industry and could boost its Android mobile operating system. Google also gains access to Motorola’s trove of patents, which it can use to fend off lawsuits from Apple […]
Barely a week goes by without someone suggesting that DVR manufacturer TiVo is about to be taken over. Assorted names have been mentioned, not least one or other of the EchoStar family of companies, in EchoStar’s case if only to bring the – now ended – IP litigation to an end. Other would-be ‘buyers’ have […]