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Exset supplies DMS-equipped STBs to Pakistans Cable Media Group

2015-11-17 12:00:15| Digital TV News

Exset has announced that it is supplying the latest version of its Value Added Service DMS 4.0 technology to Pakistan cable operator Cable Media Group (CMG). Exset has integrated its middleware with set-top boxes from Gospell to be deployed by CMG.

Tags: group media supplies cable

 

Liberty Global to buy Cable & Wireless for GBP 3.5 bln

2015-11-17 08:38:00| Telecompaper Headlines

(Telecompaper) Liberty Global has offered to acquire UK-based telecoms group Cable & Wireless Communications (CWC) for GBP 3.5 billion in a bid to expand its Caribbean business. The announcement comes six months after Liberty Global's chairman and largest shareholder John Malone acquired a 13 percent stake in CWC following the UK group's EUR 1.85 billion acquisition of Columbus International. Last month the companies confirmed they had entered into talks about bringing together CWC's strong position in the Caribbean with Liberty's operations in Chile and Puerto Rico. The stock offer for CWC is valued at 78.04 pence per share, based on closing share prices as of 13 November, with shareholders also receiving a special dividend of 3 pence per share. In a statement, Liberty Global said the offer represented a purchase price multiple of 10.7x CWC's adjusted EBITDA on 30 September after taking into consideration the unrealised cost synergies resulting from CWC's acquisition of Columbus International. The combined business would serve 10 million video, data, voice and mobile subscribers, said Liberty Global's CEO Mike Fries, adding that additional synergies would be expected beyond the previously reported USD 125 million.

Tags: buy global wireless cable

 
 

$6 Million Cox Communications Cable Box Jury Verdict Overturned

2015-11-16 23:37:58| Telecom - Topix.net

As we previously reported , last month, a jury returned a $6.31 million verdict for a class plaintiff in a suit alleging that Cox Communications had illegally tied its premium cable services to rentals of its set-top boxes. Yesterday, the court granted Cox's renewed motion for judgment as a matter of law, overturned the jury's verdict, and entered judgment for Cox.

Tags: box million communications cable

 

Liberty Global to buy Cable & Wireless for $5.3 bln in stock

2015-11-16 23:18:09| IT Services - Topix.net

International cable TV company Liberty Global says it is acquiring Cable & Wireless Communications, a London-based telecommunications company with operations in the Caribbean, for stock and a special dividend worth $5.3 billion. Liberty Global PLC, which is controlled by billionaire John Malone, said it would fold Cable & Wireless into its LiLAC business unit, which it spun off with a tracking stock in July.

Tags: in buy stock global

 

Liberty Global to buy Cable & Wireless for $5.3 bln in stock

2015-11-16 22:38:05| Telecom - Topix.net

" International cable TV company Liberty Global says it is acquiring Cable & Wireless Communications, a London-based telecommunications company with operations in the Caribbean, for stock and a special dividend worth $5.3 billion. Liberty Global PLC, which is controlled by billionaire John Malone, said it would fold Cable & Wireless into its LiLAC business unit, which it spun off with a tracking stock in July.

Tags: in buy stock global

 

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