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AT&T, Time Warner unveil massive $85 billion merger with zero benefit for consumers

2016-10-24 13:30:29| Extremetech

AT&T has announced its intent to purchase Time Warner for $85 billion, but the deal has no discernible upside for consumers and may run into regulatory trouble.

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Shell to divest Canadian oil and gas properties for $1.03 billion

2016-10-24 01:00:00| Hydrocarbons Technology

Royal Dutch Shell has agreed to sell about 206,000 net acres of non-core oil and gas properties in Western Canada to Tourmaline Oil for approximately $1.03 billion.

Tags: properties gas oil canadian

 
 

AT&T to buy Time Warner for USD 85 billion

2016-10-23 11:27:00| Telecompaper Headlines

(Telecompaper) AT&T has agreed to acquire the media group Time Warner for a combination of cash and stock worth USD 85 billion. After expanding to Mexico and acquiring satellite TV provider DirecTV last year AT&T is looking to video content for its next area of growth, acquiring with Time Warner assets such as HBO, CNN, TNT and the Warner Bros film studio. AT&T said the combination will mean networks to deliver "world's best premium content" to every screen.

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Service provider Smart Home opportunity to hit $62 billion by 2020

2016-10-17 19:30:08| Digital TV News

According to Strategy Analytics, by 2020, consumers will be spending nearly $130 billion annually on smart home offerings, with 47%, or more than $60 billion, being available to service providers.

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RSP Permian to acquire Silver Hill for $2.4 billion

2016-10-14 01:00:00| Hydrocarbons Technology

US-based oil and natural gas company RSP Permian has signed agreements to acquire Silver Hill Energy Partners (SHEP I) and Silver Hill E&P II (SHEP II) for approximately $2.4 billion.

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