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...Millicom is based in Luxembourg but operates predominantly in Latin America under its Tigo brand for mobile and cable services, serving about 50mn customers....
...They added that any successful deal would face multiple challenges, including how to deal with Paramount’s cable business....
...Its broadcast and cable TV network business grapples with falling ad revenue and a shrinking subscriber base. Comcast however believes Hulu is worth much more....
...Disney and Comcast have been in an uneasy relationship over Hulu since 2019, when Iger’s company gained a 66 per cent stake in the streaming service through its acquisition of 21st Century Fox....
...Hence Chapek’s determination to push deeper into sports betting, mainly through ESPN+, the streaming service of its sports cable network which links viewers directly to their online-betting platforms of...
...AT&T’s senior executives received $9m in bonuses for the acquisition that has now been unpicked....
...Apax has previously bought stakes in Danish communications group TDC and Orange Switzerland while Warburg Pincus has previously invested in German fibre group Inexio and Dutch cable company Ziggo....
...Vice is laying off more staff and has shelved plans to merge with a special purpose acquisition vehicle....
...AT&T took a $15.5bn charge on its pay-TV business in January, as customers switched to streaming platforms from cable and satellite....
...BC-backed United Group, Serbia’s largest cable company, is keen to consolidate the Balkan telecoms market and this year completed a takeover of Tele2 in Croatia for €220m....
...It began life in 1953 as a steel cable company, but exited that business in 2005 a year after acquiring a hydrofluoric acid producer — used in Teflon, refrigerants and medications....
...But unlike the internationally revered (or reviled) leaders of big tech behemoths, you won’t find the top executives of online pornography offering takes on cable news or sitting next to Mark Zuckerberg...
...tenure was defined by a series of blockbuster deals including the $130bn sale of Vodafone’s stake in Verizon Wireless in 2013 and last year’s $18bn takeover of Liberty Global’s German and eastern European cable...
...New accounting standards in the US borne out of the financial crisis have left American banks’ pockets deeper than their European peers, but the threat of a second wave quashes any Yankee bravado....
...Lex recommends the FT’s Due Diligence newsletter, a curated briefing on the world of mergers and acquisitions. Click here to sign up....
...before the Cox acquisition”....
...That is not just because Brexit has tilted “cable” — the pound/dollar rate — advantageously. It is also because investors have been bruised by volatile earnings....
...Mobile company Sunrise agreed to buy UPC, Liberty’s Swiss cable company, in February for $6.3bn....
...The US hedge fund had emerged on the books of Kabel Deutschland, a regional German cable company that was in the last throes of a sale to Vodafone, when it built an 11 per cent stake....
...Goodwin as appointed Stuart Cable, a partner and vice-chairman at the law firm, to the newly created role of global chair of M&A....
...In this week's latest episodes: 📺 Google's earnings report noted an increase in YouTube content acquisition costs as it invested in its YouTube TV subscription service, which allows cable-cutters to live-stream...
...His focus on owning premium content that is distributed by others contrasts with the strategy of legacy media businesses, which spent billions of dollars building movie theatres, cable networks and other...
...Let’s say the fictitious (or not) Cayman Island vehicle Alphaville LLC is looking to borrow $100m to fund the global rollout of Vaudeville....
...Plepler had led the cable television unit for almost three decades. BHP has promoted three women to its senior executive team as part of the mining company’s management reshuffle....
...He says he expects that Google will turn to acquisitions to boost the new, in-house gaming studio it has created....
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