Bharti Airtel operates one of India’s giant DTH businesses with some 18 million subscribers. Twenty per cent of Airtel DTH was held by US private equity investors Warburg Pincus. Bharti is to buy back that investment. Bharti Airtel says it will pay 31.26 billion Rupees (about €354m) to Warburg Pincus. Airtel had sold the stake […]
ViacomCBS Networks International (VCNI) has announced the appointment of Olivier Jollet to the newly created role of Senior Vice President of Strategy & Business Development, Streaming and Head of Mobile for VCNI. Jollet will report to Kelly Day, President of Streaming and Chief Operating Officer of VCNI and Jeff Shultz, Chief Strategy Officer and Chief […]
Accedo , the video experience specialist, has announced the acquisition of Hibox, a provider of advanced TV Solutions for telecom, media, hospitality and healthcare. Both companies have grown out of the Nordic tradition of advanced technology innovations scalable to a global market. Michael Lantz, CEO, Accedo, commented: “We are thrilled to be joining forces with […]
Roku, the US streaming specialist, has released fourth quarter and fiscal year 2020 results that beat analyst’s expectations. In a conference call, Roku CEO and founder Anthony Wood said: “In Q4, we grew our active account base by over 5 million resulting in a record 14.3 million incremental active accounts for the year. And we […]
While much of the Airbus Group results released this week are focused on its aircraft business, Airbus CEO Guillaume Faury told analysts that the past year represented the most challenging crisis to hit the aerospace industry. However, the satellite and rocket business figured in its end-of-year numbers (to December 31st 2020). The pressures from across […]
Ottawa-based satellite operator Telesat, which last week announced plans to build 300 Low Earth orbiting (LEO) satellites for its Lighspeed project, is to receive a C$400 million (€260m) investment from the government of Quebec. A Memorandum of Understanding has been signed by Telesat and the Quebec government. There is a catch. The cash comes in […]
The Premier League has confirmed all fixtures for the 2020/21 season will continue to be made available to fans to watch live in the UK. This arrangement will be extended until Government guidance permits supporters to return to stadiums. All matches will be shown via existing broadcast partners Sky Sports, BT Sport, Amazon Prime Video […]
Facebook users in Australia can no longer share or view news content on the service. The move from Facebook is in response to a proposed law which would make tech giants pay for news content on their platforms. People outside the country are also unable to read or access any Australian news publications via Facebook. […]
Orange has posted moderate revenue growth despite a slight dip in the fourth quarter. For the year, the strong performance of Africa & Middle East (up 5.2 per cent) and the solid results of France (up 1.6 per cent) offset the decline in Europe (down 3.5 per cent) and Enterprise (down 1.4 per cent). The […]
Jessica Rosenworcel, the FCC’s acting chair, says the 5G auction for new spectrum in the US has ended. “Stay tuned for the final results of this auction,” she tweeted. “We’ll make [the results] known through a Public Notice in a few days. Another big step forward for 5G.” She continued: “Congrats to the FCC’s outstanding […]