Private equity firm KKR is eyeing a further investment in Telecom Italia's fixed-line network as Italy's main telecoms group weighs options for its assets to appease top investor Vivendi.
Worldwide spending on telecommunications and pay TV services is forecast to reach $1.5 trillion in 2021, representing an increase of 1.0% over 2020, according to the International Data Corporation (IDC).
The local telecommunications regulator authorized the plan for US-based Spanish-language broadcaster Univision to acquire the content business of Mexico’s Grupo Televisa in a deal to create a new company.
The set of agreements serve as a transition into the global media marketplace expansion for the advertising-based video-on-demand service, as well as Africa's leading telecommunications giant.