Providence Equity

Ex-Sky CEO Tony Ball becomes chairman of AirTies

WiFi specialist Airties has named Tony Ball, former chairman of Kabel Deutschland and CEO of BSkyB, and current senior advisor of private equity outfit Providence Equity Partners, as its new chairman. The company has also announced that it is moving its corporate headquarters is moving to Paris, France to support its global expansion plans. Philippe […]

Tele2 Estonia teams up with Viasat for TV and internet service

Mobile operator Tele2 Estonia has teamed up with pay TV outfit Viasat to launch a joint TV and internet offering across the country. Tele2 and Viasat will offer two combination packages. A Silver package for €25 a month will include unlimited internet with speeds of up to 30Mbps downstream and 10Mbps upstream along with 25 […]

Finland’s Elisa acquires Estonia’s Starman

Finnish telecom and cable group Elisa is to acquire leading Estonian cable operator Starman for €151 million in cash. Elisa acquired Starman from Polaris Invest and Com Holding immediately following the sale by investment group East Capital Explorer of its 63% stake in the operator to Polaris Invest, hitherto a minority shareholder. Polaris had been […]

East Capital to sell Starman Group to Providence Equity

Nordic investment group East Capital Explorer has struck a deal to sell its entire 63% in pan-Baltic cable operation Starman Group to Providence Equity. The agreement in principle would see East Capital Explorer sell its stake in Starman for an upfront payment of €81 million in cash with the potential of an additional earn-out of […]

Al Jazeera’s BeIN Sports set to take over Digiturk

Al Jazeera’s BeIN Sports is expected to acquire Turkish pay TV operator Digiturk for between US$1-US$1.2 billion (€925 million-€1.1 billion), according to local reports.  Local paper Star Gaztesi reported that finalization of the sale is imminent, pending approval by the Turkish Savings Deposit Insurance Fund (TMSF), the body that seized control of former Çukurova Holding’s […]

Liberty Global seen as possible buyer for Orange Switzerland

Pan European cable operator Liberty Global and a raft of private equity firms are reportedly in the running to acquire the Swiss arm of France Telecom. The French telecom firm and pay TV operator announced at the end of July that it was looking to sell Orange Switzerland as part of a portfolio review that […]