Liberty Global shares rose sharply yesterday on speculation that Vodafone could use cash freed up by its exit from Verizon Wireless to acquire the international cable giant.
Leading Polish pay TV operator Cyfrowy Polsat has agreed to buy a majority stake in the market’s third-placed mobile operator Polkomtel, in a deal worth roughly PLN5.15 billion (€1.23 billion). Cyfrowy, which had 3.55 million pay TV subscribers at the end of the first half this year,according to Informa’s WBIS, said the deal will establish it as “the largest media-telecommunications group in Poland.”
Netflix is teaming up with Nokia to give UK buyers of the phone maker’s latest smartphones free access to the subscription video-on-demand service.
Google has launched a low-price wireless dongle designed to enable users to stream web content to their TV set.
The company said the Chromecast device is designed to “make it easy to bring your favourite online entertainment to the biggest screen in your house,” and is Google’s latest attempt to break into the living room on the back of its Google TV play.