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Televisa to merge its Media and content with Univision for $4.8 billion

The Mexican multimedia mass media company Televisa merges with American Spanish-language free-to-air television network, Univision for a $4.8 billion in which Televisa will contribute its content assets. The New combined company, Televisa-Univision will create the global leader in spanish-language media,Televisa-Univision will have the operating assets, financial scale and audience reach to accelerate its digital transformation […]

Shyam Dev2 min read
Viacom-cbs

ViacomCBS to acquire Chilevision from WarnerMedia

The American multinational media ViacomCBS has agreed to acquire Chilevision from AT&T Inc- owned WarnerMedia , as it looks to improve its streaming audience in latin America. Chilevisión (often abbreviated as CHV) is a Chilean free-to-air television channel. It is the third oldest Chilean television network. Founded by the University of Chile, this educational institution […]

Shyam Dev2 min read
Vodafone

Vodafone strives to get $3.1 billion from Vantage Towers IPO

The British multinational telecommunications company Vodafone Group plc and Vantage towers AG its European towers Unit has set a price range for a planned initial public offering of Vantage, in which shares are worth up to $3.1 billion. This will be one of the region’s biggest stock market listings this year. and the U.K telecommunications […]

Shyam Dev2 min read
ONE store

LG Uplus and KT invests in smartphone app market platform ONE store

South Korea’s Largest telecommunications company KT corporation and the South Korean cellular carrier owned by LG Corporation, LG Uplus has acquired small stakes in SK Telecom’s smartphone app market platform ONE store. Both the companies have invested a total amount of 26 billion won (US$23.1 million) for the app. Together the firms bought an aggregate […]

Shyam Dev2 min read
BT

Deutsche Telekom nets €100 billion revenue in 2020

Deutsche Telekom , The German telecommunications company and by revenue the largest telecommunications provider in Europe Announced its year end results. With a record breaking revenue netting up by 25.4% to €100 billion. The telecom company said EBITDA AL jumped up by 41.6% to €35, and by by 7.9% in organic terms. Deutsche Telekom admitted […]

Shyam Dev2 min read
BT

AT&T sells DirecTV’s stake to private equity firm TPG

The American multinational conglomerate holding company AT&T has entered in to a deal to sell a minority stake in satellite broadcaster DirecTV . The stake is sold to a private equity group TPG (Texas Pacific Group) which focuses on Leveraged buyouts and growth capital. The equity group TPG will establish a new company, named DirectTV in […]

Shyam Dev2 min read
BT

Chunghwa Telecom teams with Gamestream to launch iOS cloud gaming app

Taiwan’s largest telecommunication service provider Chunghwa telecom and the cloud gaming solution Gamestream teams up together to launch iOS cloud gaming app. Chunghwa Telecom’s Hami iOS mobile gaming app is powered and developed by Gamestream, a leading B2B cloud gaming Technology Company headquartered in France. The company Chunghwa Telecom recently submitted the Hami 5G iOS app for an […]

Shyam Dev2 min read
BT

Vodafone and Nokia sets a new 100 gigabit fiber record

The British multinational telecommunications company Vodafone and the Finnish electronics company Nokia has set a record of 100 gigabit per second (Gb/s) with passive optical network (PON) technology delivering network that is 10 times faster than any available network in a single wavelength. Bell Labs, Nokia’s renowned subsidiary has provided innovations for the trial, including […]

Shyam Dev2 min read
Intel

Intel Invests $475 million in its Vietnam division

The world’s largest semiconductor chip manufacturer Intel invests $475 million into its Vietnam division. Which will help in adopting more advanced technology and move beyond its key central processing unit. Intel Vietnam, gets a 50% increase from previous investments, to manufacture core processors and 5G products, the company said the expansion was to help it […]

btabloidEditor2 min read
BT

Saudi Arabian university KAUST to upgrade its network connectivity

KAUST (King Abdullah University of science and technology) the Saudi Arabian university has launched a new international connectivity program which is of 400 Gbps up scaling from the previous 10 Gbps connection speed. This new development will help the researchers of KAUST to work together with their international peers at super-fast speeds. Professor Tony Chan, […]

btabloidEditor2 min read
BT

Singtel and Grab are in process of starting a digital bank

Singtel, Singapore’s largest mobile operator is advancing with its project to start a digital bank together with Grab, the multinational ride hailing company. Sichin Mittal, Singapore based DBS bank analyst says this joint venture looks like “a strong candidate for a full digital banking license.” Monetary Authority of Singapore, which is a central bank and […]

Shyam Dev2 min read