Australia’s Treasurer Wayne Swan has given the green light for pay-TV provider Foxtel’s $2.5 billion takeover for regional pay-TV operator Austar. Approval from the Australian Competition and Consumer Commission (ACCC) is still needed for the deal to proceed. The ACCC raised some concerns about the tie-up in a statement of issues published in July and […]
Akamai Technologies and Cotendo have signed a definitive agreement for Akamai to acquire Cotendo. Helping to mitigate the challenges of operating in a hyperconnected world, Akamai provides a secure platform over which businesses can engage users across the Web, mobile, cloud, or a mix of public and private network environments. Cotendo offers an integrated suite […]
Telestream, a provider of video transcoding and digital media software solutions, has announced that private equity investment firm Thoma Bravo will make an investment that will see them acquire the firm. The transaction will facilitate further growth of Telestream’s core businesses in addition to providing additional capital for further market expansion and acquisition. “This acquisition […]
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 […]