Italian broadcasting group Mediaset is reiterating its willingness to increase its stake in the German broadcaster ProSieben. December 16th saw Bloomberg reported that Mediaset reiterated its ability to increase its existing 24.2 per cent equity stake in ProSieben although according to Blomberg it is currently happy with the size of its investment. The Italian group […]
UK digital infrastructure provider Openreach is claiming to have bucked the prevailing economic trend by creating 5,300 new UK-based engineering jobs, to be filled during 2021. The new roles, located in communities throughout the country, will enable the company to continue improving service levels across its existing networks, whilst building and connecting customers to its […]
India’s cabinet has decided to proceed with an auction of spectrum in some key frequencies. The government will auction spectrum in the 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz and 2500 MHz terrestrial frequency bands. The spectrum licences will then be valid for 20 years. A total of 2251.25 MHz […]
The BBC has outlined further plans to better represent audiences, invest in diverse talent and lead change in the creative industry, whilst making impact in communities around the UK. The work builds on the Creative Diversity Commitments made earlier in the year, and will be supported by the Creative Diversity Unit, under June Sarpong, the […]
Netflix has confirmed the appointment of Strive Masiyiwa to its board. Masiyiwa is the Chairman and founder of Econet Group, a telecommunications and technology group with operations and investments in 29 countries in Africa and Europe. “We are delighted to welcome Strive to the Netflix board,” said Netflix co-founder, Chairman and co-CEO Reed Hastings. “His […]
The Premier League has launched the second phase of its anti-piracy campaign in Malaysia and Hong Kong. The ‘Boot Out Piracy’ campaign, launched in collaboration with broadcast partners Astro and PCCW, will continue to highlight the dangers that illegal streams pose to fans, from data theft to malicious malware, as well as emphasising the poor […]
Euskaltel is speeding up its plans to become the fifth largest telco operator in Spain and is consequently seeking financial partners to invest in its fibre optic network throughout the country. Euskaltel is set to create a subsidiary company responsible for the deployment of its network and French Infravia and Australian First State are reportedly […]
SpaceX is reportedly planning another cash-raising round for investors. It last raised money ($1.9 billion) in August and was valued at the time as $36 billion. Bloomberg is suggesting that while talks are at an early stage, the end result could be that SpaceX would have a value of some $92 billion. The cash should […]
OneWeb Satellites, the joint-venture business set up in Florida and owned by OneWeb itself and Airbus, has appointed a new CEO, promoting the current COO James Hinds to the role. He takes over from Tony Gingiss who has headed the business since 2017. OneWeb’s latest batch of 36 satellites are due for launch on December […]
In October 2019 it was announced that Sam Barnett would be leaving his CEO role at MBC, the Dubai-based broadcasting giant. He was in post for some 17 years. He stayed on as an ‘advisor’ to the business, but has now returned as CEO of the MBC Group. Barnett is replacing Marc Antoine d’Halluin who […]