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Fox increases offer for full control of SkyJuly 11, 201821st Century Fox has raised its offer for the 61% of Sky it does not own to £14 a share, valuing the company at £24.5 billion ($32.5 billion). The offer is 30% more than the price it originally offered in December 2016, and is 12% more than the competing offer for the pay TV business lodged by Comcast in June. The new development in the long-running saga of the Fox takeover of Sky comes as the UK Government is about to make a decision on whether to approve the deal. Walt Disney Co is planning to acquire most of 21st Century Fox, including its Sky shareholding, but is also facing competition from Comcast. In June, Disney raised its offer for Fox to $71 billion, days after Comcast increased its offer for Fox to $65 billion.Subscribers Only
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Comcast makes its offer for Sky officialApril 25, 2018Comcast has made a formal offer for Sky, valuing the UK-based satellite operator at £22 billion ($30.7 billion). Today's official offer of £12.50 represents a premium of more than 16% over 21st Century Fox’s offer for the 61% of Sky it does not own. Sky's independent board of directors has this morning withdrawn its recommendation of the Fox bid, making a battle for ownership of Sky between Comcast, Fox and possibly Walt Disney Co, seemingly inevitable.
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Comcast intends to outbid 21st Century Fox for ownership of SkyFebruary 27, 2018US cable giant Comcast has unveiled a possible takeover offer for Sky, aiming to outbid 21st Century Fox. Comcast today made an all-cash offer of £12.50 per share in cash for the UK-based satellite operator, which represents a 16% increase on 21st Century Fox’s offer, implying a valuation of £22.1 billion ($28.5 billion). Fox, which already owns a 39% stake in Sky, offered £18.5 billion ($23.8 billion) to acquire the shares in the operator that it does not own.
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Airtel Africa makes its fifth market consolidation move by acquiring Tigo RwandaJanuary 17, 2018Airtel Africa confirmed that they have entered an agreement with Millicom to acquire Tigo Rwanda, marking their fifth market consolidation move in Africa since 2013. Whilst the details of the acquisition and approval from Rwanda’s Utilities Regulatory Authority (RURA) have not been finalised, Airtel has spoken about the potential changes that will take place in the Rwandese telecoms market. Airtel Rwanda has experienced some volatility in the Rwandan market as overall subscriptions shrunk by 6% between Q4 2016 – Q3 2017 ,this acquisition will consolidate Airtel Rwanda’s position to become the leading operator in the Rwandese mobile market which now serves 8 million subscribers between three mobile networks with 68% mobile penetration. • As of Q3 2017, market share by subscriptions was split between MTN (44%), Tigo (36%) and Airtel (20%). • Millicom and Bharti Airtel both have existing plans to consolidate their assets across Africa and recently completed a merger of their respective Ghanaian mobile networks in November 2017. • If the acquisition is approved by RURA, Airtel is set to become the largest mobile operator in Rwanda with a forecasted market share of 54-56% of the market once Tigo’s subscribers are absorbed into Airtel’s network.Subscribers Only
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Kenya’s mobile market welcomes fourth mobile operator ‘Faiba4G’December 14, 2017Broadband internet provider Jamii Telecommunications (JTL), previously just an Internet service provider (ISP) has launched their 4G LTE mobile network – Faiba4G. The new network will offer Voice over LTE (VoLTE) and data services. • JLT entered the Kenyan telecoms space in 2004 providing wholesale and retail data services via Fibre To The Home (FTTH) and fixed wireless networks, satellite and WiMAX. • Faiba4G coverage currently includes areas in Nairobi, Thika, Machakos, Nakuru, Eldoret, Mombasa, Athi River and Syokimau with plans to extend across Kenya. • Faiba4G will offer subscribers free on-net calls for life, granted the subscriber has an active data bundle and 1-hour unlimited ‘Fisi’ data bundles for KSH150 (approximately US$1.50). • Kenyan’s mobile market has a mobile SIM penetration rate of 71% and is dominated by Vodacom-owned Safaricom, which leads the market with a 75% market share. • The entrance of international mobile network operators Airtel (2002), Orange (now Telkom Kenya - 2013) and Yu (2008) failed to challenge Safaricom’s dominance, which led to Orange selling off their Kenyan subsidiary and Airtel acquiring Yu in 2015.Subscribers Only
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Amazon's New Kindle- A Waterproof OasisNovember 20, 2017Marking ten years since the launch of its first Kindle e-reader, Amazon recently introduced the All-New Kindle Oasis, the second generation of the brand’s Oasis e-reader series. The All-New Kindle Oasis, also known as Oasis 2 has received several significant improvements from its predecessor, the Kindle Oasis (April 2016 model).
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Hands-free Alexa on Amazon’s new 10-inch tabletSeptember 29, 2017For those consumers struggling to choose between a smart speaker and a tablet, Amazon has a new option, a 10.1-inch Fire tablet with hands-free Alexa on board. Incorporating an IPS, LCD-TFT, 1920 x 1200 display and a MediaTek quad-core (1.8 GHz) processor and a reported 10 hours of battery life, the new tablet is available in a 32GB version for $149.99 US. Users wanting more storage can purchase a 64GB version for an additional $40. The base model is less than half the cost of Apple’s popular 9.7-inch unit, but nearly double the price of Amazon’s 8-inch model.
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Vodafone Cameroon service shut down following licencing issuesSeptember 22, 2017Vodafone Cameroon was forced to shut down their service on 14 September 2017, following investigations into the company’s wireless broadband operation. Vodafone Cameroon - an Afrimax-Vodafone joint company began offering wireless broadband services in Cameroon in September 2016. In November 2014, Afrimax, an African wireless broadband operator and telecoms management company, entered a strategic partnership agreement with Vodafone Group that allowed the two companies to enter new African telecommunications markets, launching mobile and wireless broadband services in Uganda, Zambia, Ghana and Cameroon. Through the Partner Market Agreement, Vodafone was able to extend their global footprint whilst Afrimax gained continued access to a range of Vodafone products, networks, and services. In all four countries, services are offered under the Vodafone Country brand and the company entities are being referred to as part of Afrimax Group.
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Emirati telco Du launches UAE’s new mobile brand as rival Etisalat unveils plans to follow suitSeptember 13, 2017Emirates Integrated Telecommunications Company (EITC) trading as Du, launched their second mobile brand ‘Virgin Mobile UAE’ on September 5 2017 with rival operator, Etisalat, also launching of their second mobile brand, Swyp, just two days later (September 7 2017). Both operators are seeking to diversify their offerings aimed at the underserved millennial market by offering data-centric packages through their secondary brands, providing benefits like zero-rated data for social media, interchangeable SMS and voice minutes, discounts at restaurants and access to nationwide WiFi hotspots across each of the Emirates.
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Tanzania’s Mobile Operators fined… AgainJuly 26, 2017Tanzania’s mobile operators have struggled to comply with wave of new regulatory oversight that has seen a rise in fines for violating regulations and scrutiny over service quality in Tanzania. Despite having previously received fines, six of the country’s seven mobile operators still failed to comply with SIM registration regulations and have been issued a new series of fines on 14 July.Subscribers Only
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Bulsatcom aims to consolidate its Bulgarian pay TV lead with satellite launchJune 29, 2017Bulgarian operator Bulsatcom has successfully launched the country’s first geostationary satellite, BulgariaSat 1, in cooperation with Ellon Musk’s SpaceX. The satellite, which launched on June 24 2017, is owned and operated by Bulsatcom and is the second satellite to be launched in Europe with 100% private investment. The total value of the project is $235 million, with an estimated return on investment of 10 years.
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Etisalat Nigeria still in talks with creditors over $1.2bn debtJune 15, 2017Etisalat Nigeria is still in a period of uncertainty, following the default on a repayment of the operators’ $1.2 billion loan to their creditors (led by Guaranty Trust Bank Nigeria, Access Bank Nigeria and Zenith Bank Nigeria) issued in 2013.Subscribers Only
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Consolidation in Ghana’s Mobile Market: Tigo and Airtel Ghana Complete Merger TalksMarch 06, 2017Millicom International Cellular (Millicom) has completed another step in the consolidation of their African assets, focused on their Ghanaian subsidiary Tigo Ghana. Bharti Airtel and Millicom announced a joint-ownership merger agreement on Friday 3 March, which will see Tigo Ghana merge with Bharti Airtel’s subsidiary – Airtel Ghana.Subscribers Only
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Samsung puts fresh focus on tablets at Mobile World CongressFebruary 26, 2017The Android based, 9.7-inch, Galaxy Tab S3, like its predecessor, features a QXGA, 9.7-inch Super AMOLED display but this model sports a glass back with its metal frame. The unit is HDR ready, through its mobile Digital Natural Image engine (mDNIe) and it incorporates quad speakers, tuned by AKG. The quad speakers’ output auto-rotates to accommodate landscape or portrait viewing and battery life and frame rate per second (FPS) are both substantially improved from that of the S2.
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Millicom sells Tigo Senegal for $129m to Wari GroupFebruary 10, 2017Millicom formally announced the sale of their subsidiary Tigo Senegal to payments processor Wari Group for $129m on February 8 2017, following an expression of intent by Millicom in early 2016 to consolidate their African operations.Subscribers Only
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Liberty Global goes all-in on Netflix partnership with footprint-wide carriage dealSeptember 14, 2016International pay TV provider Liberty Global announced a partnership with Netflix to bring the SVoD company’s app to Liberty Global’s advanced pay TV platforms in more than 30 markets across Europe and Latin America.Subscribers Only
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Operator M&A round-up: 28 February 2016-05 March 2016March 08, 2016In the week of Sunday 28 February to Saturday 05 March 2016, we tracked the following 10 agreed and completed M&A deals by operators across the globe.Subscribers Only
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MWC 2016: Mobile money services mature with diverse product rangeMarch 02, 2016Mobile World Congress has historically been a place for lots of mobile payments hype but little substance. But the market is maturing. Apple Pay’s 2014 launch kick-started the market, and followed by Samsung and Google in 2015, mobile payments are becoming mainstream. There is no one size fits all solution and MWC 2016 highlighted the diversity of approaches. Operators, device makers and over the top players are introducing a range of different services.
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MWC 2016: Orange targets Africa and Middle East mobile internet growth with $40 smartphone, voice and data bundleMarch 01, 2016Expansionist Orange is seeking to drive mobile internet adoption in Africa and the Middle East through bundling an $40 3G Android-based smartphone with 500MB of monthly data.
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Premier League rights contract hits £5.1 billion as Sky and BT renewFebruary 10, 2015Sky and BT have renewed their agreements for live rights to the Premier League, with their combined spend increasing a staggering 70% to top £5 billion. Sky won the bidding for five of the seven rights packages on offer, and will air 126 live matches a season from 2016/17. BT will have the rights to two packages of 42 matches.Subscribers Only
