As widely anticipated, Paris-based satellite operator Eutelsat is to merge with London-based constellation operator OneWeb. A MoU was signed on July 25th. A statement from the pair said: “The combined company will create a new global leader in the Space industry – securing the future of OneWeb and ensuring it can remove the barriers to […]

Tremor International, a global player in video, data, and connected TV advertising, has entered into a definitive agreement to acquire Amobee for a total consideration of $239 million (€234.5m), subject to adjustments. The Company intends to satisfy the consideration through a combination of existing cash resources and a new $100 million debt facility it expects […]

Following weekend reports that British/Indian satellite broadband constellation OneWeb was “near a merger” with Eutelsat, the Paris-based operator has issued a Clarification statement, saying that it had engaged in discussions with its co-shareholders in OneWeb “regarding a potential all-share combination to create a global leader in Connectivity with complementary GEO/LEO activities”. Eutelsat is already a […]

Following the period of exclusive negotiations that began on March 8th, telcos Orange and MásMóvil have signed a binding agreement to combine their businesses in Spain. The transaction is based on an enterprise value of €18.6 billion, €7.8 billion for Orange Spain and €10.9 billion for MásMóvil. The transaction is subject to approval from antitrust […]

The UK’s Competition and Markets Authority has confirmed it is investigating the anticipated acquisition by California-based satellite operator Viasat of London-based Inmarsat. The CMA is considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions […]

Telefónica has sold 13 per cent of its rural FTTH network to its subsidiary (with a share of 55 per cent) BlueVia Fibra – that operates along with Vauban Infrastructure Partners/Credit Agricole Assurances, with a share of 45 per cent. BlueVia, with a value of €2.5 billion, has plans to cover 3.5 million homes with […]

In the background of the pending TF1-M6 merger, France’s Autorité de la concurrence (Competition Authority) has given a green light to the acquisition by Altice of channels TFX and 6ter. An appeal remains possible. If the process is successful, Altice Media, which already owns DTT channels BFM TV as well as RMC Découverte, would become […]

In a move that accelerates its entry into UK, ahead of the launch of the Viaplay streaming service in the country this autumn, streaming platform operator Viaplay Group is to acquire UK sports streamer and TV channel operator Premier Sports. The transaction values Premier Sports at £30 million (€35.2m) on a cash and debt-free basis. […]

MásMóvil has sold 51 per cent of the Basque Country-based operator’s network to a group of Basque companies under the umbrella of Bidasoa Aggregator (Asua Inversiones, Beraunberri, Inveready and Onchena) for €580 million. The new investors have undertaken to deploy a fibre optic network covering 1.2 million homes in The Basque Country, Asturias and Galicia. […]