Advanced Television

M&A

CommScope scoops CASA auction

CommScope has won the auction for busted rival Casa System’s cable network assets with a knockout $45.1 million (€41.4m) bid. That price was more than twice the $20 million tabled in April by Canadian software company Vecima Networks. Vecima, which had hoped Casa’s assets would accelerate its quest to run down Harmonic in the race […]

May 31, 2024

Skydance improves Paramount offer

Skydance Media has reportedly submitted an improved offer for its proposed merger with Paramount Global. The new deal is said to offer improved terms for both voting and non-voting Paramount shareholders, and provides more cash, according to Reuters, quoting a spokesperson on condition of anonymity. Specific details of the offer from the independent studio led […]

May 31, 2024

T-Mobile agrees $4.4bn deal for UScellular wireless ops

T-Mobile and UScellular have announced that T-Mobile has a deal agreed to acquire all of UScellular’s wireless operations. This includes UScellular’s wireless customers and stores across the US, as well as certain specified spectrum assets. Upon closing, T-Mobile says its 5G network will expand to provide millions of UScellular customers, particularly those in underserved rural […]

May 29, 2024

Sony cools on Paramount?

Shares of Paramount Global fell more than 7 per cent on May 14th after news broke that Sony Pictures is rethinking its bid for the US media giant. “People close to the situation that I’ve been speaking to of late indicate that the likelihood of a bid, at least for the full company, seems to […]

May 15, 2024

Spain okays Zegona’s Vodafone acquisition

The Spanish cabinet has approved the acquisition of Vodafone España by UK investor Zegona in a €5 billion deal. The greenlight comes soon after the go ahead to the Orange-MásMóvil merger to create MásOrange – which has become the leading national operator in broadband and mobile customers – and as the State has taken a […]

May 14, 2024From David Del Valle in Madrid

Euras Films founder: “Sony Paramount merger will harm UK film”

Sarudzayi Marufu, executive producer and founder of Euras Films, has warned that M&A deals in the US media and entertainment sector could significantly harm the financial viability of grassroots film productions in the UK. Marufu’s statement follows Sony’s $26 billion bid for Paramount, which if successful, would make the Japanese conglomerate a majority shareholder. Paramount […]

May 9, 2024

BYB Bare Knuckle acquires UK’s BKB

BYB Extreme Bare Knuckle Fighting Series Owner and President Mike Vazquez has announced that the company has acquired London-based BKB, the professional bare knuckle boxing promotion which has successfully promoted forty bare knuckle events which are broadcast in over thirty-five different countries with millions of fans and viewers worldwide. Formed in 2015 by Jim Freeman […]

May 8, 2024

Disney, Comcast call in Hulu ref

Disney and Comcast are looking for a financial adviser they are both happy with to resolve a dispute over how to value the 33 per cent stake in streaming platform Hulu that the former will acquire from the latter, reports Reuters. The companies struck a deal for Hulu in 2023 but Comcast and Disney are […]

May 7, 2024

Eutelsat mulls teleport options

Eutelsat has confirmed it is looking at various options over its ground station network of teleports. In a statement following press speculation, Eutelsat said: “[We are] analysing options to partner with external infrastructure investors in [our] ground network. At this time this analysis is preliminary in nature, and there can be no certainty that it […]

May 7, 2024By Chris Forrester

DZS to acquire NetComm

DZS, a provider of broadband networking and software-defined cloud solutions, has announced plans to acquire NetComm Wireless. DZS says the acquisition of NetComm’s Fiber Extension, Fixed Wireless Access (FWA), Home Broadband and Industrial Internet of Things (IoT) products and patents combined with its broadband networking and cloud software solutions will create one of the world’s […]

May 7, 2024