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The alternative investment firm Stonepeak has completed the acquisition of a 49% interest in Cellnex Sweden and Cellnex Denmark (“Cellnex Nordics”) for a total value of around €730 million, of which €558 million is recognised upfront. Cellnex Nordics provides colocation services to mobile network operators for their wireless networking equipment. The Cellnex Nordics network currently… ....
Sony Pictures Entertainment (SPE) and the news media organisation Guardian Media Group (Guardian) have announced a new strategic creative collaboration. The arrangement will see SPE gain exclusive first rights to the full range of the Guardian’s global journalism, with the aim of developing suitable materials for audio-visual adaptation. The collaboration spans the whole of SPE’s… ....
Only 266,000 households in Poland were still unprepared to receive DVB-T2/HEVC terrestrial TV services as of this October. According to country’s National Broadcasting Council (KRRiT), quoting the National Media Institute (KIM), this was down from 990,000 in August and meant that as of last month 93% of households were prepared for DVB-T2/HEVC reception. It adds… ....
Telecom Italia (TIM) has announced the organisation of NetCo, the business unit that will be contributed to FiberCop at the closing of the transaction for the sale of the fixed network to KKR, expected in the summer of 2024. According to TIM, the business unit includes the fixed network infrastructure and related real estate, the… ....