German media company Pantaflix has decided to terminate negotiations on the sale of its wholly-owned subsidiary Pantaflix Technologies.
Qvest acquires TeraVolt
Qvest Group is strengthening its portfolio with the acquisition of TeraVolt, a developer of smart TV applications based in Hamburg. Financial details were not disclosed.
Liberty’s nexfibre acquires fibre operator Upp
Nexfibre, the joint venture between Liberty Global, Telefónica and InfraVia Capital Partners, has acquired the fibre operator Upp.
Saudi telco buys 9.9% of Telefónica
Saudi Arabia’s stc Group has acquired a 9.9% stake in Telefónica for €2.1 billion and is now the largest shareholder in the Spanish telco.
High View takes over Sony Pictures channels
German media company High View takes over the Sony Pictures channels Sony AXN and Sony Channel as well as the SVOD service Sony One in German-speaking countries on September 1, […]
Aferian reports first-half loss
The company behind Amino and 24i has reported a first-half financial loss after a decline in its devices division.
Teleste to make 25 staff redundant
Teleste Corporation says it has commenced negotiations with staff over a possible reduction in staffing.
Pay-TV and paid video content revenues grow in Germany in 2022
The range of services and demand for pay-TV and paid video content continues to develop positively in Germany, even in a difficult market environment with high burdens for consumers.
STG takes control of Avid
Private equity firm STG has announced the acquisition of media editing software maker Avid in a deal worth $1.4 billion.
Teleste finds European orders fall short
Teleste has said the number of orders received from Europe within its Broadband Networks business fell short of expectations.