Empreno Ventures has called on United Group and its controlling shareholder BC Partners to halt negotiations pertaining to the acquisition of the Bulgarian incumbent telco Vivacom pending a court decision.
The showdown between the supporters and opponents of Sunrise’s takeover of UPC Switzerland will not take place for the time being: The Swiss telecommunications company pulls the emergency brake and, with approval by UPC parent company Liberty Global, cancels the extraordinary general meeting (EGM) scheduled for October 23, 2019.
Netflix says it plans to raise another $2 billion in debt ahead of an upsurge in competition from the likes of Disney, Apple and NBC.
Police raided commercial and residential properties in the Netherlands, France, and Germany Wednesday as part of a copyright-violation investigation of Share-Online.biz, the largest file hosting site operated in Germany.
UK viewers that are currently using pay-TV subscriptions purchased in another European country will no longer be able to use them once the UK leaves the European Union.
Swiss media company CH Media will take over Swiss TV broadcaster 3 Plus.
Ireland’s Eir has become the latest operator to adopt Apple TV as its primary set-top box.
United Group, the private equity-backed cable company, is holding exclusive talks to purchase Vivacom, Bulgaria’s largest telecoms group.
German pay-TV operator Sky Deutschland is adding 13 TV channels and further on-demand content to its OTT platform Sky Ticket.
During the this quarter, Netflix grew to $5.2 billion in revenue, up 31% over the prior year, and operating income doubled to $1.0 billion. Paid net adds totaled 6.8m compared to its 7.0m forecast and prior year Q3 of 6.1m.