The sale of BigBlu Broadband to Eutelsat has been completed. BigBlu was bought by Eutelsat for £39.3 million, although there could be an additional sum to be paid. That final consideration, of some £1.5 million, was subject to the final completion accounts including the actual working capital at completion against an agreed target level and […]
From November 1st, Colman Deegan will be the new CEO of Vodafone Spain, joining the Vodafone Group Executive Committee. Deegan will replace Antonio Coimbra who will become a Non-Executive Chairman of Vodafone Spain. Deegan joined Vodafone in 1998. He has held senior roles in group Finance & M&A as well as CFO roles in Vodafone […]
fuboTV, sports-focused live TV streaming platform, has announced the launch of its public offering of 15,000,000 shares of common stock. The offering consists of 15,000,000 shares of common stock offered by fuboTV. The underwriters will have a 30-day option to buy an additional 2,250,000 shares of common stock from fuboTV at the public offering price, […]
Modern Times Group (MTG) eSport portfolio companies ESL Gaming and DreamHack have jointly announced a combination in order to increase competitiveness, accelerate products and events innovation and to offer the widest portfolio to the market. MTG has been the principal owner of ESL Gaming, the eSport company, and DreamHack – the gaming lifestyle festival company […]
The prospects of some sort of merger of satellite operators in North America, between Charlie Ergen’s Dish Network and AT&T’s DirecTV, or perhaps a European consolidation between SES and Eutelsat, has generated plenty of media comment over the past weeks. However, a virtual meeting of senior executives on September 24 at the Avia (Asia Video […]
Norwegian-based Nevion, the virtualised media production solutions provider, has been bought by Sony’s Imaging Products & Solutions division. Sony said the purchase has been made to further enhance its portfolio, providing end-to-end IP and cloud-based production solutions for broadcasting and other applications. Sony, which has been a minority shareholder in Nevion since July 2019, is […]
SES will report its Q3 revenues on November 5th and Investment bank Exane/BNPP expects overall revenues to fall, but say that the satellite operator’s fast-growing Networks division to show further growth. The bank says it expects overall revenues at SES to fall back 3.1 per cent to about €454 million for the quarter. It suggests […]
Richard Branson’s space tourism business Virgin Galactic saw its share price rocket 24.9 per cent on September 28th following a highly favourable analyst overview. A Bank of America report on Virgin Galactic firmly recommended the company’s shares to investors, bring up to eight the number of Wall Street analysts who are favouring the company. “No […]
French telecom regulator Arcep has launched the country’s 5G spectrum auction which had been delayed as result of the Covid-19 pandemic and subsequent lockdown. Operators Bouygues, Orange, Free and SFR are the four players taking part to the bidding which will allocate the eleven 10MHz lots still available into the GHz 3,4-3,8 frequency band. The […]
UK Prime Minister’s Boris Johnson Conservative administration is reported to have offered two of the top jobs in media to outspoken critics of the BBC, and known supporters of the government’s Brexit stance. The Sunday Times says that Paul Dacre, the former editor of the Daily Mail, is Johnson’s choice to become chairman of broadcasting […]