UPDATE 3-Mexico&#39;s Televisa buys rival satellite client base
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Mexico&#39;s No. 1 broadcaster Televisa revamped its satellite operations on Monday, buying a rival&#39;s local subscriber base and eyeing US and Latin American expansions.
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In its latest move in an ongoing battle with cable companies, SBC Communications today announced a 10-year, $400 million deal to use Microsoft&#39;s (Quote, Chart) IP television platform.
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Rupert Murdoch&#39;s DirecTV Group Inc. will pay $579 million to consolidate its Latin American operations with other Murdoch-controlled satellite-television businesses in Brazil, Mexico, Colombia and Chile.
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SBC said it signed a 10-year, $400 million agreement with Microsoft to provide next-generation television services using Microsoft&#39;s TV internet protocol television edition software platform.
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Mexican broadcaster Televisa will be allowed to buy a stake in cable company TVI only if it agrees to offer its popular free channels to competitors, Mexico's anti-trust agency said on Sunday.
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ONE of the UK&#39;s biggest industrial companies is set for Mexican ownership after agreeing to a Â£2.3bn takeover offer. Directors of Egham-based RMC - the world&#39;s largest ready-mixed concrete producer - have
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Satellite television provider EchoStar Communications has agreed to acquire Sling Media in a deal that values the maker of the Slingbox device at $380 million.
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EchoStar Communications Corp &lt;DISH.O&gt; said on Monday that it will buy Sling Media Inc, a privately held company known for its Slingbox device that relays home television programs to laptops and cell phones.
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NEW YORK -- Intelsat Ltd., the pioneering satellite operator founded by a multinational government consortium, is being acquired by a group of investment funds for about $3 billion in cash, the third major buyout in the industry disclosed this year.
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MONTERREY, Mexico -- Mexican cement company Cemex SA said Monday it has signed a letter of intent to sell two UScement plants to Brazil&#39;s Grupo Votorantim for $400 million.
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BT Group Plc, the UK&#39;s largest phone operator, agreed to sell its stake in Eutelsat SA for 363 million pounds ($685 million) in cash, marking the company&#39;s exit from the satellite operating business.
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BT Group has sold its stake in the satellite operator Eutelsat as part of a growing focus on its core business. The sale marks BT&#39;s exit from the satellite business and ends a 25-year-old tie with the operator which it helped co-found in the late 1970s.
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MILAN News Corp. on Tuesday said that it agreed to buy the 20 percent of Sky Italia, the satellite-television broadcaster, that it does not already own from Telecom Italia for E88 million.
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BRITISH Telecom today announced the sale of its stake in one of the worldâs largest satellite companies for Â£363 million. The telecoms giant said it was offloading its 15.8 per cent holding in Paris-based
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XM Satellite Radio Holdings Inc. on Tuesday said it bought Effanel Music Inc., a privately held company that produces on-location recordings, to improve its live broadcast offerings.
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Mexican Cemex, being the third largest cement maker in the world, agreed to buy its British competitor - RMC Group - for $5.8 billion, as well as their debts in order to expand their activity on the building materials market of the USA and Europe.
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NEW YORK  - Rupert Murdoch's News Corp. Ltd. will sell its stake in Sky Latin America to DirecTVGroup , another company which it controls, for $579million in order to consolidate operations of the two satellitebroadcasters, the companies said on Monday.