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Vivendi buys Mediaset Premium in share swap deal
2016-04-11 08:21:00| Telecompaper Headlines
(Telecompaper) French media giant Vivendi has reached an agreement to acquire the Mediaset Premium pay-TV business of Italian commercial broadcaster Mediaset as part of a wider deal that will see the two companies taking a 3.5 percent stake in each other. The share-based transaction values Mediaset Premium at EUR 800 million, with Vivendi acquiring Mediaset's 89 percent stake in the unit as well as the remaining 11 percent stake held by Spain's Telefonica. "The agreement with Mediaset confirms Vivendi's intention to build strong positions in Southern Europe, a market that shares a similar Latin culture and roots," said Vivendi in a statement, adding that its acquisition of Mediaset Premium serves to expand its presence in European pay-TV, increasing its global individual subscriber base to over 13 million.
Telstra signs $1.6 billion deal with NBN
2016-04-11 02:49:02| Telecom - Topix.net
Telstra has signed a $1.6 billion deal to help build the NBN in five capitals and the Gold Coast. Telstra has signed a $1.6 billion deal to help build the national broadband network in five state capitals and the Gold Coast.
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telstra
UK competition watchdog says 3UK/O2 deal may cause 'long-term damage'
2016-04-11 02:00:00| Total Telecom industry news
CMA says proposed remedies fall short of protecting consumers; consultant warns blocking consolidation will hamper Europe's 5G efforts.
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damage
competition
watchdog
Pioneers of U.S. Energy Savings Turn Targets as Deal Spree Looms
2016-04-10 19:57:40| Energy - Topix.net
Utilities grappling with weakening electricity demand are muscling their way into the very industry responsible for their plight: energy efficiency. Companies that enable homes and businesses to shrink their power consumption have helped cut energy use in developed countries to the lowest level since 2000, according to the International Energy Agency.
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energy
deal
savings
A new Klamath water deal emerges, but unease persists
2016-04-10 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
High Country News: Where the Klamath River meets the Pacific Ocean, national, state and tribal leaders stood in front of a podium April 6, with the sound of crashing waves and sea lions barking in the distance. One after another, they walked across the stage to the microphone and praised the collaboration and persistence it took to tackle the decades-long controversy over water management in the Klamath Basin. Although a broader set of Klamath deals had failed before Congress in December, this announcement signified...
Tags: water
deal
emerges
persists
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