Orange has made a preliminary offer of around €4 billion to acquire the remaining 50 per cent of MasOrange from private equity firms Cinven, KKR, and Providence. The French telco already owns half of the Spanish operator, and the deal – if finalised – would give Orange full control of MasOrange, the company resulting from […]
Telenor Group has signed an agreement to sell its 50 per cent stake in Allente to Viaplay for a total consideration of SEK 1.1 billion (€0.09bn). Allente, a joint venture between Telenor and Viaplay, was formed in May 2020 through the merger of Canal Digital and Viasat. Allente is a distributor of premium TV content […]
SES has announced the completion of its acquisition of Intelsat, creating a strengthened global satellite operator with an expanded fleet of 120 satellites across two orbits. SES says the newly combined company will “leverage its skilled teams with deep vertical expertise to deliver integrated multi-orbit, multi-band satellite and connectivity solutions to businesses and governments around […]
SES has confirmed that it has received all the necessary legal and commercial permits to needed to complete its acquisition of Intelsat. SES says it plans to close the $3.1 billion (€2.65bn) transaction on or around July 17th. The two companies are holding meetings this week to finalise the financial transaction. The consolidation exercise will […]
Deltatre, a provider of streaming, digital, data, and graphics solutions for the sports, media, and entertainment industries, has entered into a definitive agreement to acquire Endeavor Streaming from Endeavor Group Holdings. In bringing together these digital and OTT providers, Deltatre is joining its product suite – D3 VOLT, FORGE, AXIS, and DIVA, which delivers multi-functional […]
July 11th saw the clearest indication that the long wait for SES to receive its permissions to acquire rival Intelsat is coming to an end, with the Federal Communications Commission (FCC) giving its approval to the transfer “of the control of licenses from Intelsat to SES”. This, in effect, ends the FCC’s oversight of the […]
The acquisition of Intelsat by SES has been cleared by Federal law enforcement officials. However, this clearance does not yet apply to the Federal Communications Commission (FCC). The clearance comes from Team Telecom – which comprises officials from the Departments of Defence, Justice and Homeland Security, plus other US agencies. The decision comes with some […]
Sport1 Medien, a wholly-owned subsidiary of Highlight Communications AG, has successfully completed the sale of its subsidiary Plazamedia to DMC Production. As part of the transaction, DMC Production has acquired 100 per cent of the company’s shares. Plazamedia is a provider of content solutions for the sports and entertainment industry. The company delivers full-service offerings […]
MBS, a service integrator and managed gateway operator, has announced an agreement with SES to acquire a part of its media services in Germany and the UK. Rebranded as ‘full season’, the new business will offer content management, playout, IP, VoD Delivery and OTT distribution services, expanding the MBS value chain to further establish it […]
Telenor has announced the acquisition of GlobalConnect’s consumer business in Norway in a transaction valued at NOK 6 billion (€0.51bn). “This marks a strategic step forward – for our customers and for Telenor. By integrating the consumer part of GlobalConnect’s fibre network into our own, we will extend our reliable and high-performing services to even […]