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21st Century Fox agrees to sell Sky stake to Comcast for GBP 11.6 billion

2018-09-26 16:43:00| Telecompaper Headlines

(Telecompaper) 21st Century Fox has agreed to sell its 39 percent stake in European pay-TV provider to Comcast, after losing out in the auction to buy Sky to the US cable operator. At Comcast's offer of GBP 17.28 per Sky share, 21CF's stake is worth GBP 11.6 billion (over USD 15 billion). 

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Telefonica looking to sell out of Mexico, Central America

2018-09-25 02:00:00| Total Telecom industry news

Telefonica is working on the sale of its Mexican business and of its Central American assets, according to a Mexican press report. The Spanish telco is mulling the move with a view to reducing its significant debt burden, El Economista reported on Monday, citing unnamed sources familiar with the situation. The operator has been working on the potential divestment of assets that it does not consider strategic for a number of months…read more on TotalTele.com »

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Nokia to exit IP video market and sell Velocix to Volaris

2018-09-13 10:39:00| Telecompaper Headlines

(Telecompaper) Nokia is selling the former Alcatel business Velocix and exiting the market for video delivery equipment. Toronto-based private equity group Volaris will continue its expansion in the video market with the acquisition and take over Velocix for an undisclosed sum, including the majority of Nokia's IP Video employees. 

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Kodak to sell Its Flexographic Packaging Division

2018-09-12 17:22:00| Label and Narrow Web Breaking News

The division produces and markets the FLEXCEL NX system of flexo imaging equipment, printing plates and consumables.

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Inditex to sell online worldwide by 2020

2018-09-06 12:45:00| Daily apparel & textile news and comment - from just-style.com

Pablo Isla, chairman and CEO of Inditex, has announced that all of the group's brands, including Zara, will sell online to every country in the world by 2020.

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