EMEA Markets - Latest Developments
Arabsat has signed an agreement with the Hellenic Telecommunication Organization (OTE;), one of the largest telecom groups in South Eastern Europe, for the acquisition of its 99.05% equity participation in Hellas-Sat Consortium Ltd.The share purchase agreement was signed upon an aggregate consideration of €208 million (US$ 280 mil).
The purchase price represents 99.05%, of:
• An enterprise value of Hellas-Sat, amounting to €157 million, which corresponds to 7 times the EBITDA of Hellas Sat for 2012, and
Liberty Global is set to acquire UK-based Virgin Media in a stock and cash merger valued at about US$ 23.3 billion creating one of the world’s leading broadband communications company covering 47 million homes and serving 25 million customers across 14 countries.
As part of a broader initiative to prevent signal interference, GVF today announced that it is working with the organizers of Cabsat in Dubai to highlight satellite communications equipment that has been tested and approved in co-ordination with a global product-certification initiative.
There are a total of 6 exhibitors with approved products at Cabsat. Those technologies will have demonstrated compliance with GVF-coordinated industry standards, which encourage integrity in equipment design, production, and performance.
SES announced today that its German HD platform HD+ now exceeds one million paying households. For the full year of 2012, HD+ more than doubled the number of paying customers, from 404,123 to 944,993. HD PLUS expects a growth rate of 25 percent for paying customers in 2013.
When writing under a leaden winter UK sky during January the subject of CABSAT in the rather warmer month of March in the UAE is a very easy one to turn to, and indeed there’s much on the critical agenda on which to be informed. Thus, this year GVF has a very busy CABSAT week, focused on both the Dubai International Convention & Exhibition Center (DICEC) and the GVF/MenaNets Training Facility in Dubai’s Jebel Ali Free Zone.
Espial® Group Inc. a provider of on-demand TV software and solutions, today announced that it has completed the previously announced acquisition of ANT plc ("ANT"). After initially entering into a co-operation agreement with ANT on Nov. 30, 2012, Espial has purchased all of the outstanding shares of ANT in exchange for all cash consideration of £0.205 per outstanding share. The acquisition values the issued ordinary share capital of ANT at approximately £5 million.
The large antenna systems manufacturing and earth station integration business has changed in the last several years. While the number of original equipment manufacturers (OEMs) supplying smaller antennas, (e.g.
It is a bad time to sell satellite ground segment, aka a teleport. But it is a great time to sell a successful satellite services business with a teleport at its core. That paradox is the conclusion of Best Practices in Teleport Valuation, a newly published report from the World Teleport Association.
Spain’s satellite communications operator, Hispasat, said it has completed deploying 4,000 antennas capable of delivering broadband service making it the market leader in satellite residential broadband market in Spain.
Broadcast management software provider SintecMedia today announced the acquisition of Argo Systems, a provider of business solutions to the cable network and operators industry. This is SintecMedia's second acquisition in the North American market, complementing its recent purchase of StorerTV.
