Vivendi-backed Canal+ clearly believes Africa is worth a major investment having placed €140 million (Rand 2.8bn) into a 6.5 per cent stake in South Africa’s MultiChoice, which last year was spun off as a stand-alone unit from Naspers. Evidently, Canal+ has been quietly building its shareholding since April this year and has now declared its […]
Google is facing a new antitrust case in India in which it is alleged to have abused its Android operating system’s position in the smart TV market, according to Reuters. It comes as Google faces new antitrust challenges in the US, and a potential antitrust probe in China that is set to look into how […]
Operators facing increasing bandwidth demands will now be able to increase the scalability of their networks in a more flexible way, as Broadband Forum completed its specifications for Broadband Network Gateway (BNG) disaggregation. With video and broadband consumption continuing to grow, Broadband Forum’s ‘Control and User Plane Separation for a Disaggregated BNG’ (TR-459) addresses the […]
Eutelsat will report its first quarter-year revenues on October 29th. Investment bank Exane/BNPP is telling its clients what to expect. Analysts at Exane/BNPP suggest that Eutelsat will declare €304 million of group revenues for the quarter-year (including €301 million from its so-called Operating Vertical divisions) and which will be driven by a 3 per cent […]
Delays to the rollout of 5G could cost the UK tens of billions of pounds in lost economic output, according to a new report by the Centre for Policy Studies. In the CPS report, Upwardly Mobile: How the UK can gain the full benefits of the 5G revolution, former Government advisers Alex Jackman and Nick […]
Telia Company has reached an agreement with Polhem Infra for the sale of its international carrier business, Telia Carrier, for a value of SEK 9,450 million (€900.1m) on a cash and debt free basis. At the same time, Telia Company enters a long-term strategic partnership with Telia Carrier, securing continuous network solutions to Telia’s customers. […]
NBCUniversal has named Susan Rovner as chairman of entertainment content for television and streaming. Rovner joins NBCU as part of a reorganisation that brings the company’s television, cable and streaming operations together under Mark Lazarus, chairman for television and streaming. Rovner will work closely with Frances Berwick, who became chairman of entertainment networks at NBCU. […]
BAFTA-winning writer and producer Anil Gupta has joined Sky Studios, Sky’s development and production arm, as Creative Director for original comedy in the UK. Focussing on in-house production, Gupta will work with new and established talent to develop scripted comedy projects for Sky Studios. Gupta’s credits include Goodness Gracious Me, The Kumars at No. 42, […]
WWE has announced that Erika Nardini, CEO of Barstool Sports, has been elected to its Board of Directors. “Erika is a seasoned executive with a tremendous track record of building businesses, developing experiences, and engaging different audiences across the media ecosystem,” said Vince McMahon, WWE Chairman & CEO. “Her entrepreneurial spirit, business acumen and understanding […]
The US Bankruptcy Court has given its formal approval for the £800 million purchase of satellite company OneWeb, now in the final stages of its Chapter 11 bankruptcy reorganisation. The buyer will be a new company (‘BidCo’) comprising the UK Government and India’s Bharti Global. Each will hold about 45 per cent of the company’s […]