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M&As this week: MMC, Eutelsat Communications, Vard Holdings

2016-08-12 01:00:00| Ship Technology

Malaysias leading utilities and infrastructure group, MMC will acquire a 49% stake in Penang Port in an all-cash transaction, according to a conditional share sale and purchase agreement between the two.

Tags: week mas communications holdings

 

SpeedCast to buy 70% stake in Wins from Eutelsat Communications

2016-08-09 01:00:00| Ship Technology

France-based satellite operator Eutelsat Communications has finalised a deal with SpeedCast International to sell its 70% stake in Wins for approximately 60m.

Tags: buy communications wins stake

 
 

Tricolor TV to deploy Eutelsat multiscreen video delivery service

2016-07-27 12:00:34| Digital TV News

Tricolor TV and Eutelsat (Paris: ETL) have announce that they are deploying the first network in Russia to use SmartBeam, Eutelsat's multi-screen video delivery solution. SmartBeam opens the door to the deployment of the first satellite network in Russia to deliver video content to mobile devices.

Tags: service video delivery deploy

 

Eutelsat looking to sell stake in Spain's Hispasat

2016-07-13 08:31:00| Telecompaper Headlines

(Telecompaper) Eutelsat announced that it has initiated the process of divesting its 33.69 percent stake in Spanish satellite operator Hispasat by exercising the put option granted in 2008 by Hispasat's majority shareholder, the Abertis Group. Under the terms of the put option agreement, the value of the Hispasat stake will be determined by an independent expert, said Eutelsat in a statement. However, Abertis subsequently replied that the process initiated by Eutelsat is not valid and that the company doesn't recognise the put option under which Abertis would have to buy the stake.

Tags: sell stake eutelsat spains

 

StarTimes adds capacity with Eutelsat for DTT broadcasting in Africa

2016-07-07 10:30:36| Digital TV News

StarTimes and Eutelsat (Paris: ETL) have concluded new multi-year agreements that set the stage for accelerated roll-out of digital broadcasting services across Africa.

Tags: africa capacity adds broadcasting

 

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