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>>BELGIUM
Telenet Boosts Competitive Position
Belgian cable operator Telenet improved its competitive position by making a major acquisition. The operator entered into a non-binding letter of intent with Liberty Global to acquire 100 percent of the shares of UPC Belgium, which has approximately 125,000 cable-television subscribers in Brussels and Leuven. The all-cash purchase price has been agreed at 187 million euros, the equivalent of approximately 10x EBITDA.
Euro1080 Links With Topfield
Euro1080, one of the pioneers in bringing high-definition (HD) content to satellite platforms throughout Europe, inked a deal with set-top-box manufacturer Topfield. The partnership between the two companies will see Euro1080 selling Topfield HDTV satellite receivers via its e-shop. By becoming a Euro1080 partner, Topfield also has the right to show Euro1080 content at all of its points of sale. Euro1080 has other partnerships in place with Astra, SES Sirius, Loewe, Panasonic, Pioneer, Sony, Eutelsat, Mediasat, Humax, Canon, Grass Valley and XDC EVS Group.
>>CHINA
OpenTV Wins China Cable Deal