General Electric Company has taken a 34.1% stake in AsiaSat. It follows last week’s exchange transaction and transfer of shares between GE and SES. GE received both cash and SES’s […]
Increased demand eases Intelsat losses
Intelsat says that it is targeting a renewed global demand for satellite services. The company reported revenue of $543.2 million and a net loss of $63.4 million for the quarter […]
Universal invests in Trace TV
Universal Music Group (UMG) is to take a stake in the French urban music channel Trace TV. UMG will become a global strategic investor in the company, and receive a […]
Unity Media balks at EWT purchase
Unity Media and EWT have agreed to terminate Unity’s option to purchase part of EWT’s business in Hesse and North Rhine-Westphalia. The option was granted in November to Unity’s subsidiaries […]
Le Figaro joins regional licence bid
The French daily Le Figaro has lent its support to NextRadioTV, one of a number of smaller French broadcasters, which are bidding for a DTT licence in the Ile-de-France region. […]
Successful year for Poland’s ITI
Poland’s ITI Group has posted better than expected results for 2006. Its consolidated revenues in the year amounted to €355.6 million, as opposed to €264.6 million in 2005, while the […]
Gentiloni says DTT frequencies will be released
Italy’s minister of communications Paolo Gentiloni has said the digital switchover process will include the advertising of released spectrum to new operators. The minister was speaking in response to a […]
Walloon cable consolidates
VOO, a consortium of Brutélé and ALE, is to acquire the other eight cable operators in the French-speaking half of Belgium in a deal worth at least €475 million. The […]
Music Choice acquires Xtra Music
The battle between Europe’s two leading digital music providers is at an end after Music Choice Ltd announced that it was acquiring Xtra Music Limited from Maxide Music and LGI […]
BT requested Sky access after Ofcom complaint
BT has been accused of jumping the gun after it emerged that its complaint to Ofcom over access to Sky content for its fledgling IPTV service came before it had […]