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RTL rebrands streaming service as RTL+ as Germany struggles to find a rival for Netflix
2021-02-17 01:00:00| Total Telecom industry news
These days, taking on the likes of Netflix, Amazon Prime, and Disney+ is a pipe dream for all but the most ambitious media companies. Nonetheless, with streaming services seeing a meteoric rise during 2020 under the influence of the coronavirus pandemic, traditional TV players are seeing little choice but to try to face these hyperscale behemoths. According to sources, today RTL Group is set to rename its streaming service…read more on TotalTele.com »
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Diamondback to Buy Shale Rival QEP in $2.2 Billion Deal
2020-12-21 14:48:26| OGI
U.S. shale producer Diamondback Energy said on Dec. 21 it would buy rival QEP Resources Inc. in an all-stock deal valued at around $2.2 billion.
Houston-based Rival Downhole Tools Acquires Hunting Subsidiary
2020-12-16 23:35:00| OGI
The acquisition of Huntings drilling tool business sets the stage for Houston-based Rival Downhole Tools to expand internationally, CEO Neil Fletcher says.
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rival
Rival firms rally to challenge NTTs $40bn buyout of DoCoMo
2020-11-11 01:00:00| Total Telecom industry news
At the end of September, it was announced that Japanese telco NTT was set to buyout NTT DoCoMo, the mobile unit in which it already owns 66% equity. The deal is set to be for a record-breaking $40 billion, with Japan’s three major banks set to coordinate loans amounting to almost $37…read more on TotalTele.com »
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Orange Romania to gobble up rival Telekom Romania for 268 million
2020-11-09 01:00:00| Total Telecom industry news
Orange Romania has today announced that it has signed a deal to acquire rival operator Telekom Romania for €268 million. Orange will acquire the controlling 54% stake in the company from Greek company OTE, which is itself majority owned by Deutsche Telekom. The remaining 46% stake is owned by the Romanian government…read more on TotalTele.com »
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