SES looks set to gain unconditional European Union (EU) antitrust approval for its $3.1 billion (€2.7bn) deal to acquire rival Intelsat. The merger will receive the EU’s approval, reports Reuters, and the European Commission is scheduled to publish its own ruling by June 10th. The deal announced, first announced in April 2024, was recently given […]
Telco groups Vodafone Group Plc and CK Hutchison Group Telecom Holdings have confirmed that the merger of Vodafone UK and Three UK successfully completed on May 31st. The combined business, named VodafoneThree, is 51 per cent owned by Vodafone and 49 per cent by CKHGT. Vodafone will fully consolidate VodafoneThree in its financial results, and […]
The UK’s Competition and Markets Authority (CMA) has cleared the take-over of Intelsat by SES in its $3.1 billion move. However, while the UK’s anti-trust clearance is a major step forward for the deal, there are two other entities which also need to give their permissions in the form of the EU and US. The […]
BBC Studios Productions has taken full ownership of Mothership TV. The unscripted indie prodco will now become part of BBC Studios’ newly announced Unscripted Productions, led by Kate Ward. The deal marks the corporation’s main commercial arm taking full ownership of its second unscripted indie following the acquisition of Voltage TV in 2022. Mothership TV, […]
Leading Asian AV and Broadcast systems integrator Ideal Systems has acquired Singapore based Pro–Audio specialist Control Logic Systems (CLS). In a deal announced on the opening day of Broadcast Asia 2025, David Seow, Managing Director at Control Logic Systems, said: “We are delighted to become part of Ideal Systems growing AV business in Southeast Asia, […]
AST SpaceMobile’s ambition to acquire Ligado’s space bandwidth over the US is close to finalising. A statement from Ligado said: “We have reached an agreement in principle with all of the parties, so with Inmarsat, with AST, and with our two ad-hoc creditor groups…” The final judicial hearing will be on May 29th (if uncontested) […]
The 2001 merger of Time Warner and AOL is up there in most analysts’ top 10 of worst, and most value destroying, deals ever. But those troubles were meant to have been long left behind with the much later deal to drop any reference to Time, merge with Discovery and resurrect the old Warner Brothers […]
The Executive Board and the Supervisory Board of German commercial broadcaster ProSiebenSat.1 Media SE has recommended shareholders not to accept the voluntary public takeover offer made by MFE-MediaForEurope, deeming it inadequate from a financial perspective. Following a review of the offer document dated May 8th, 2025, both governing bodies have concluded that the offer is […]
US telco giant AT&T has reached an agreement to acquire substantially all of Lumen’s Mass Markets fibre business for $5.75 billion (€5bn), subject to purchase price adjustments, in an all-cash transaction that it says will expand investment in critical US connectivity infrastructure, create new middle-class jobs, and accelerate high-speed fibre Internet access to millions of […]
LiveU, a specialist in live IP-video contribution, production and distribution solutions, has announced the closing of its acquisition of Actus Digital’s business and technology – first announced in April. Actus Digital now becomes Actus Digital, a LiveU Company, operating as an independent sister brand to LiveU. LiveU and Actus Digital serve many of the same […]