Broadband TV News» Finance

Technicolor board dismisses Vector bid

Julian Clover — Wed, 30 May 2012 08:14:24 +0000

The Technicolor board of directors has recommended the refinancing proposal put forward by JPMorgan in favour of a rival bid from the US turnaround specialist Vector. Read the story »

Subscriber increase for Com Hem

Julian Clover — Tue, 29 May 2012 08:04:15 +0000

Increased TV and broadband subscriptions have helped Com Hem boost first quarter revenues by 2%. Read the story »

Technicolor STB plant files for insolvency

Julian Clover — Mon, 28 May 2012 09:14:04 +0000

Technicolor has confirmed that it has filed for insolvency on its troubled set-top box facility in Angers. Read the story »

Google closes Motorola Mobility acquisition

Robert Briel — Wed, 23 May 2012 08:25:07 +0000

Google has completed the acquisition of Motorola Mobility for $40 (€31.3) per share in cash. The deal was originally announced on August 15, 2011. Read the story »

On Demand Group sold to Avail-TVN

Julian Clover — Tue, 22 May 2012 07:49:38 +0000

SeaChange International has sold its UK-based media services company On Demand Group to Avail-TVN for $27 million Read the story »

Kabel Deutschland confirms Tele Columbus buy

Robert Briel — Mon, 21 May 2012 10:14:03 +0000

Kabel Deutschland Holding AG has confirmed it will acquire Tele Columbus for €603 million plus accrued interest. The purchase price will provide for repayment in full of the financial debt of Tele Columbus. Read the story »

Intelsat files for IPO

Julian Clover — Mon, 21 May 2012 09:38:17 +0000

On the day that Facebook made much noise, Intelsat has filed its own IPO on Friday, bidding to raise around $1.75 billion (€1.37bn) for its common stock. Read the story »

Canal+ Spain improves

Julian Clover — Fri, 18 May 2012 09:53:11 +0000

Canal+ Spain, the Prisa-led pay-TV operator, improved across all of its key performance indicators in the first quarter. Read the story »

Meo helps PT grow residential revenues

Julian Clover — Thu, 17 May 2012 10:15:37 +0000

The decision of incumbent telcos to launch TV services continues to be vindicated. The latest operator to see IPTV shore up residential revenues is Portugal Telecom, where the Meo triple play offer increased RGUs increased by 9.6% year-over-year, reaching 3,647,000, with pay-TV and broadband accesses already accounting for 54% of total residential retail accesses as at March 31, 2012. Read the story »

Kabel Deutschland acquires Tele Columbus

Robert Briel — Wed, 16 May 2012 08:17:43 +0000

Kabel Deutschland (KDG) is acquiring cable operator Tele Columbus, according to Financial Times Deutschland. Read the story »