Arqiva has reported record revenues across broadcasting and telecoms.
Arqiva seems likely to drop plans for a $6 million auction of its transmission business in favour of an IPO.
The much-touted sale of UK transmission company Arqiva could finally get the go-ahead.
Arqiva has signed an agreement with Eutelsat that strengthens its relationship at the 28 degrees East video neighbourhood.
Arqiva has confirmed the transmission company is for sale. A statement, issued alongside its nine-month results confirmed shareholders were undertaking “a strategic review of their investment that may lead to a transaction”.
Arqiva, the UK’s largest independent towers company and communications infrastructure group, says the UK continues to demand a mix of digital media.
The owners of transmission company Arqiva are reportedly planning a £5 billion sale, dropping long-held plans to float the company on the London Stock Exchange.
The mast at Alexandra Palace is to be lit tonight as part of the celebrations marking the 80th anniversary of the launch of first ever regular public service transmission.
Arqiva has posted record annual revenues of £884.7 million.
A study by Ofcom into the UK transmission market has found Arqiva does not have significant market power.