Zayo Group, a provider of fibre-based communications solutions, has entered into a definitive agreement to acquire Globalways, a Stuttgart-based fibre infrastructure and network services company. Zayo said that, once completed, this acquisition will enhance its presence in Europe, aligning with its commitment to enhance its European service offering. The intended acquisition is subject to customary […]

Kelly Bayer Rosmarin, the CEO of Australia’s second-largest telco Optus, has resigned with immediate effect after a nationwide outage earlier this month which left some 26 million people without phone or internet for 12 hours. “Having now had time for some personal reflection, I have come to the decision that my resignation is in the […]

The Jeff Bezos-backed Blue Origin rocket company is reported to be the front runners in the purchase of the United Launch Alliance (ULA) rocket business. ULA is a joint-venture between Boeing and Lockheed Martin and their Delta and Atlas rocket versions. ULA holds many Nasa and US military contracts for satellite launches. The Blue Origin […]

Telenor, which has been looking to dispose of its satellite division for some years, has finally announced a buyer in the shape of Norwegian government-owned business, Space Norway. Space Norway paid NOK 2.36 billion (about €200 million) for the three satellites in Telenor’s fleet which operate from 1 degree west. Telenor’s satellite division generated revenues […]

The United Launch Alliance (ULA), a joint-venture between Boeing and Lockheed Martin (L-M), is up for sale. The rocket builder now has potential bidders emerging. The three names currently being reported on include a private equity business, Jeff Bezos’s Blue Origin rocket company and an unnamed aerospace firm which is said to be well-capitalised. The […]

Xavier Niel-controlled Carraun, the parent company of Irish telco Eir, has confirmed that it holds an approximately 6 per cent interest in Belgian multiplay operator Proximus. Carraun says it is making the investment in Proximus to get exposure to the Belgian leader in connectivity, describing it as “the undisputed domestic leader” in fixed and mobile, […]

Following his dismissal as president of Spanish TV Mediapro in October, Jaume Roures has sold his 5 per cent stake in the company to Chinese Fund Orient Hontai – which now controls 85 per cent of the group. The other shareholders are Tatxo Benet with a 5 per cent stake and the UK’s WPP with […]

Germany-based rocket and space technology company OHB, controlled by the Fuchs family, has sold a significant stake in the business to private equity investor KKR. OHB (its name comes from ‘Otto Hydraulic Bremen’) has operating assets throughout Europe and is a well-regarded supplier to German, European and international space-related projects. It helped build the first […]

Netherlands-based United Group, the telco and media operator across Southeast Europe, has announced the signing of an agreement to acquire Bulsatcom, a DTH television provider in Bulgaria. The acquisition is part of United Group’s strategy to further expand and strengthen its market presence in the country, where it already owns the Vivacom telco which it […]

Amagi, the global leader in cloud-based SaaS technology for broadcast and connected TV, has signed a definitive agreement to acquire the business of Tellyo, a leading real-time live cloud remote production, clipping/editing, and social sharing platform. This development is set to enhance Amagi’s video toolset for live sports and news broadcasts, and improve live video […]