Telecom Italia (TIM) is starting formal talks with the KKR fund on its €10.8 billion offer. KKR made an initial approach for TIM in November 2021. TIM has now said that it would start talks with KKR while simultaneously exploring its alternative of possible merger with state-backed broadband operator Open Fiber. TIM carries €29 billion […]
Findings from Leichtman Research Group indicate that the largest cable and wireline phone providers in the US – representing about 96 per cent of the market – acquired about 2,950,000 net additional broadband Internet subscribers in 2021, compared to a pro forma gain of about 4,860,000 subscribers in 2020, and about 2,550,000 in 2019. These […]
Telcos Orange and MásMóvil have confirmed they are in exclusive discussions to combine their businesses in Spain. The combination would take the form of a 50-50 Joint Venture, co-controlled by Orange and MásMóvil (LORCA JVCO) with a combined enterprise valuation of €19.6 billion. Valuations are attractive for both businesses, with Orange Spain’s enterprise value at […]
SPI/FilmBox continues its European expansion with a new deal for the drama hub Dizi in Portugal with telco Nowo – which already carries multiple other SPI brands.“Our Dizi brand, which currently boasts a catalogue of some of the best Turkish drama series, has been making waves globally since its launch. The increasing demand for the […]
Integrated telco PLDT and global satellite operator Telesat of Canada have successfully conducted the Philippines’ first on-orbit testing of high-speed broadband connectivity with Telesat’s Phase 1 Low Earth Orbit (LEO) satellite, marking yet another milestone for PLDT as the country’s leading provider of communication services over satellite technology. A first for Telesat with any operator […]
A report from analysts at Paris-based Euroconsult and ST Engineering iDirect says that the satellite industry is set for unprecedented transformation, with the impact of cloud-based systems, the introduction of next-generation NGSO broadband constellations, and convergence towards a unified 5G network architecture. However, ground segments will also have to play a pivotal role to allow […]
Orange has reported revenues up 0.8 per cent to to €42.5 billion for the full year 2021, driven by the solid performance of Africa & Middle East (+10.6 per cent) and a strong increase in equipment sales (+8.5 per cent). The Frenchl telco now has 11.8 million FTTH customers (+22.1 per cent) out of 56.5 […]
The Spanish government has published the Draft Order to deal with possible 5G interferences in DTT, making operators responsible for any interference – including the costs for reparation. Operators will have a three-day deadline to solve 90 per cent of all incidents affecting the 700 MHz band. Telcos will be able to extend the deadline […]
t4h (Tech4home), a global remote control service provider, has won the Red Dot Design Award 2021, for one of the company’s latest innovations, the ALVA RCU. This award comes for the fifth consecutive time as t4h manages to dominate the market with its innovative designs yet again. “It truly is a surreal moment for all […]
Telenor has reported that several years of modernisation and digitalisation initiatives enabled it to deliver solid operational results for 2021, despite impact from the ongoing pandemic. For the full year the multinational telco delivers stable subscription and traffic revenues and EBITDA. The strong free cash flow of NOK 13 billion (€1.31bn) supports the proposed dividend […]