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Latest SatelliteFinance Articles

  • 23 Oct 14

    The US communications regulator the FCC has halted its informal 180-day shot-clock deadline to review the merger of telco AT&T and satellite TV provider DirecTV as well as that of cable operators Comcast and Time Warner Cable (TWC).

    The FCC put the reviews on hold as a number of media companies have refused to give third parties access to confidential programming agreements between them and the pay-TV operators, it said in a statement.

  • 22 Oct 14

    The US Court of Federal Claims has denied Sierra Nevada’s request to halt work by Boeing and SpaceX on NASA’s Commercial Crew Transportation Capability (CCtCap) programme.

    Having lost out in the contract award process for CCtCap, which is worth a total US$6.8bn, Sierra Nevada filed a legal challenge with the US Government Accountability Office in late September citing inconsistencies in the source selection process.

  • 20 Oct 14

    Southeast Europe’s largest pay-TV provider SBB/Telemach has agreed to buy Slovenia’s third-biggest mobile operator Tusmobil for an undisclosed sum.

    Telemach entered into an agreement to acquire the mobile operator from retail and telecoms group Tus Holding, owned by local businessman Mirko Tus, on 17 October.

  • 17 Oct 14

    French DTH firm Canal+ and Polish media holding ITI Group are reviewing their 51% stake in Poland’s TVN pay-TV broadcaster, after being approached by “strategic and financial investors”.

    SatelliteFinance understands they have hired BofA Merrill Lynch and JP Morgan to carry out the strategic review.

  • 14 Oct 14

    US-based wide area network (WAN) optimisation specialist Riverbed Technology is reviewing strategic and financial alternatives as it struggles with declining sales in its core business.

    As part of its preliminary third quarter fiscal 2014 results announcement, Riverbed revealed that has both initiated a restructuring plan to cut costs and mandated an unnamed adviser, believed to be Goldman Sachs, to assess its strategic options to enhance shareholder value.