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Comcast ups bid for Sky to GBP 39 bln

2018-09-23 10:26:00| Telecompaper Headlines

(Telecompaper) Comcast has submitted a new and higher offer for European pay-TV provider Sky to the US Takeover Panel in round three of the competition auction between itself and rival 21st Century Fox. After raising its price in July to GBP 14.75 per share or a total of GBP 26 billion, the new bid now goes to GBP 17.28 per share. Reports have put the total worth of the offer to GBP 39 billion. Fox earlier bid GBP 14 per share, or a total of GBP 24.5 billion for the company.


Norwegian regulator postpones high-band spectrum auction due in November

2018-09-21 13:43:00| Telecompaper Headlines

(Telecompaper) Norwegian telecoms regulator Nkom said a review by the Ministry of Transport and Communication has caused it to postpone the auction for spectrum in the high 6 GHz, 8 GHz, low 10 GHz, high 10 GHz, 13 GHz, 18 GHz, 23 GHz, 28 GHz and 38 GHz frequency bands. It was due to take place on 19 November. Holders of relevant permits that expire on 31 December 2018 should apply by 12 October for extensions.

Tags: november due auction spectrum


Amazon introduces new Echo smart home devices, revamps Echo Show

2018-09-21 09:52:00| Telecompaper Headlines

(Telecompaper) Amazon has launched a range of new voice-activated Echo devices at a hardware event in Seattle, including a connected amplifier, camera, clock and microwave, while introducing revamped versions of its Echo Show smart home hub and Echo Dot speakers. The new smart home lineup includes a USD 60 Amazon Basics microwave with Alexa voice controls and Dash button functionality, a USD 180 Ring security camera, a USD 50 Echo Auto hands-free dashcam device, a USD 30 wall clock, a USD 25 Echo Smart plug and a USD 300 connected amplifier called Echo Link Amp with a built-in 60W 2-channel amplifier to improve sound quality. 

Tags: home show amazon devices


Comcast, Fox agree to auction in Sky bidding war

2018-09-20 14:33:00| Telecompaper Headlines

(Telecompaper) The UK Takeover Panel has declared that Comcast and Fox will need to compete in an auction to determine which company wins the bidding for pay-TV provider Sky. As neither has been able to complete its bid, they will enter a one-day auction of a maximum three rounds on 22 September. 

Tags: war agree fox sky


Vonage expands in call centre market with takeover of NewVoiceMedia for USD 350 mln

2018-09-20 14:19:00| Telecompaper Headlines

(Telecompaper) Vonage announced an agreement to acquire NewVoiceMedia, a cloud Contact Center-as-a-Service (CCaaS) provider, for an equity price of USD 350 million in cash. The deal builds on Vonage's expansion into the business services and UCaaS market with a strong player in the growing segment of contact centres. 

Tags: call market centre usd


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