TIM signs new agreement with Open Fiber

Telecom Italia (TIM) has signed a new agreement with fibre operators Open Fiber that allows for the reuse network infrastructure in ‘white areas’, where the development of fibre has been financed by public expenditure. TIM said the agreement marked the beginning of a new phase in the relations between the main Italian infrastructure operators, and […]

Iliad Telecom reportedly interested in TIM services arm bid

Xavier Niel’s Iliad Telecom is interested in making a bid for the services division of Telecom Italia (TIM), according to various Italian press reports. The reports suggest that Iliad, already a player in the Italian market with a base of around 8.5 million mobile users, could team up with private equity outfit Apax to launch […]

Telecom Italia says no to KKR

Telecom Italia (TIM) has, as expected, rejected KKR’s call for it to open its books, effectively ruling out a bid from the investment outfit. KKR had said it could not table a bid without due diligence in advance. In a letter to TIM, the company cited TIM’s profit warning in December and lower-than-expected annual results, […]

Iliad Telecom sees growth across all markets

Iliad Telecom, the French-based service provider owned by billionaire Xavier Niel, saw strong growth across its domestic and international businesses last year. The group grew its overall subscriber base by 2.03 million, including 1.7 million mobile and 345,000 fixed-line customers. In France, where Iliad operates under the Free brand, the subscriber base grew by 439,000, […]

MFE takes ProSiebenSat.1 stake beyond 25%, looks to consolidate Mediaset España

MediaForEurope (MFE), the cross-border broadcast group formerly known as Mediaset, has upped its stake in ProSiebenSat.1 beyond the 25% mark that will give it a blocking vote at the German media group’s forthcoming AGM and has admitted that it is looking to up its hold on Mediaset España. MFE said yesterday that “directly and indirectly, […]

MediaForEurope beats expectations as Italian ad market rises

Mediaset/MediaForEurope (MFE) has published preliminary full-year results that highlighted stellar top and bottom-line growth on the back of a strengthening ad market. MFE recorded 11% growth in revenue to €2.9 billion and an adjusted operating profit of €476 million, up 52% for the full year. The company’s net profit rose by 169% to €374 million. […]

Digi sees strong revenue and RGU growth

Romania-based broadband, mobile and pay TV service provider Digi saw strong growth in revenues and revenue-generating units last year, with revenues up 12.7% to top €1.5 billion and RGU’s passing 20 million, including 18 million from continuing operations. Digi, which sold its Hungarian unit to 4iG in the course of the year, said that revenue […]

Iliad Group bids for Vodafone Italy

Xavier Niel’s Iliad Group has tabled a bid to take control of Vodafone Italia with a view to merging it with its own Italian operation. Iliad CEO Thomas Reynaud told Bloomberg that his company had placed a bid for 100% of Vodafone’s Italian operation. Vodafone CEO Nick Read has expressed his support for consolidation in […]

Sky hit by loss of Italian football but UK sees growth

Comcast-owned pay TV operator Sky’s top line was hit by the loss of sports programme licensing agreements in Italy and Germany in the fourth quarter, with subscribers numbers also dropping in Italy due to the loss of Serie A rights. For the full year, Sky’s total customer relationships number fell by 198,000, despite an increase […]

Iliad launches fibre offering in Italy

Iliad Telecom, operator of the Free service in France, has launched its fixed-line proposition in Italy under the Iliadbox brand. Iliadbox provides fibre broadband with speeds of up to 5Gbps for €15.99 a month to Iliad’s 8.5 million mobile customers in the country. The Iliadbox, which was developed internally, provides download speeds of up to […]