The planned takeover of Swiss cable operator UPC by Sunrise has finally failed. The Swiss telecommunications company has terminated the share purchase agreement with UPC parent company Liberty Global.
Italian media group Mediaset has acquired further 5.5% in the share capital of German media company ProSiebenSat.1, increasing its total shareholding to 15,1%.
The company which purchased the Arris set-top box and modem business has reported a third quarter loss of $50.8 million.
TiVo produced what management are calling a “solid” third quarter as its IP licensing division increased income amid falls in product revenues.
RTL Group says it was content and digital that helped it grow revenue by 2.8% in the first nine months of 2019.
Officials from Italian broadcaster Mediaset and hostile shareholder Vivendi are in talks in a bid to resolve the ongoing dispute surrounding the governance of the broadcaster’s reorganisation of its European interests.
Virgin Media Ireland says up to 65 jobs could be lost at the cable operator as the company looks to improve growth.
Alticast has announced plans to spin off its media business serving Korean cable and EMEA.
Teleste says upcoming deployments of next-generation distributed access architecture have led to operators postponing investments in existing network technology more than was initially expected.
Outgoing culture secretary Nicky Morgan has waived through the private equity takeover of British satellite communications firm Inmarsat.