The merger rumour surfaced following speculation that federal officials could be inclined to support it, following their approval of the XM-Sirius satellite radio merger. DirecTV and Dish attempted to merge several years ago, but the FCC rejected it in 2002 on competition grounds. In an earnings call following release of the company’s second quarter report, […]
Speculation is increasingly mounting in Spain about France Telecom’s interest in acquiring Sogecable’s pay-TV unit, Digital Plus. The telco joins names such as Rupert Murdoch, Carlos Slim and Telefónica, among others, as being linked with the operation. Sogecable’s approach to France Telecom-controlled IPTV service Orange TV with the recent launch of a triple play offer, […]
With this transaction, the first for its Home Business Unit, NXP's existing set-top box (STB) and digital TV (DTV) operations will be combined with Conexant's BMP business. NXP's Home business unit adds high-performance STB system solutions for satellite, cable and IP STB, expanding its existing portfolio in terrestrial STB, IP STB and DTV. The acquisition […]
The group reported revenues of $850.1 million, an increase of 20 per cent over the previous year, while operating income rose 21.8 per cent by the same comparison to reach $195.4 million. The number of active devices protected by NDS conditional access technology hit 90.3 million at the end of last June, whilst there were […]
The acquisition of Optibase’s digital video and streaming business for 2.6 million Scopus shares amounts to 19 per cent of its share capital. The deal increases Optibase’s stake in Scopus from 36.6 per cent to 46 per cent. The companies did not disclose the price of the deal, put on the basis of Scopus’ current […]
Nova Televisia Bulgaria was established in 1994 and owns 100 per cent of Nova, the second most watched TV channel in Bulga
“The investment allows us to act on a global basis,” said John Gardner, partner at Nokia Growth Partners, adding the firm aims to invest into 8 to 10 new firms each year. The venture arm plans to establish direct operations in India and China with the funds. Meanwhile, Google is also considering establishing an investment […]
Sirius plans to issue about 262 million shares, with about 184 million offered at a fixed price of $1.50 per share, compared with Monday’s closing price of $1.88 a share. The remaining 78 million are expected to be offered later. The company is paying $2.76 billion for XM. Sirius also said XM had earlier made […]