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Altice, Vivendi near deal on Numericable-SFR merger - report
2014-02-24 08:49:00| Telecompaper Headlines
(Telecompaper) Media and telecom multinational Vivendi has reached an agreement in principle to sell its French mobile and broadband subsidiary, SFR, to Altice, an investment company controlled by Patrick Drahi, Les Echos reports without citing its sources. The newspaper writes that this means that SFR will probably not go public, despite Vivendi's announced plans to list it this summer. Vivendi and Altice aim to reach a firm agreement within a few weeks. The operation values SFR at over EUR 15 billion, less than the valuation used when Vivendi bought out its former partner Vodafone in 2011. The potential agreement would see Altice owning over 50 percent of SFR-Numericable and Vivendi 32 percent. The merger-acquisition agreement would include around EUR 8 billion of debt, or less than four times its gross operating profit. SFR and Numericable would gain EUR 6 billion of synergies.
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deal
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vivendi
A streaming accord: Netflix and Comcast reach deal
2014-02-24 03:11:58| Telecom - Topix.net
Netflix and Comcast Corp., two of the most powerful companies on the Internet, resolved long-standing differences Sunday on how the two conduct business that will result in drastically improved Netflix video streaming into millions of American homes, company officials said.
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Netflix signs Comcast streaming deal
2014-02-24 02:29:31| BBC News | Business | UK Edition
Netflix agrees a deal with Comcast, the biggest internet service provider in the US, that will see its videos streamed faster and more smoothly.
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comcast
Alcatel vows to stay out of telecom gear price war, signs Intel deal
2014-02-23 23:02:11| Telecom - Topix.net
Alcatel-Lucent said it would stay out of a brewing price war in the telecom equipment market and set itself apart with better service and new products, including those from a new partnership announced on Sunday with Intel Corp. Chief Executive Michel Combes said Alcatel-Lucent wanted to gain market share but not at any cost, as it entered the ... (more)
Comcast, Netflix sign multi-year interconnection deal
2014-02-23 19:20:00| Telecompaper Headlines
(Telecompaper) Netflix will provide improved video services to Comcast's US broadband customers after the companies signed a mutli-year interconnection agreement. Comcast and Netflix have established a more direct connection to deliver an improved customer experience and to allow for future growth in Netflix traffic. Netflix receives no preferential network treatment under the agreement, the companies said. The terms of which were not being disclosed.
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deal
comcast
interconnection
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