Colorado-based EchoStar Corp. LLC (Nasdaq: SATS) has become a shareholder in SmarDTV, the set-top box subsidiary of Switzerland's Kudelski Group . As part of the agreement, EchoStar's operations in Steeton, UK and Madrid will be transferred to SmarDTV.
Ericsson AB (Nasdaq: ERIC) has signed an extended field services contract with Telenor Denmark, replacing the existing three-year agreement that was struck in 2011. The shared mobile network that Telenor Denmark operates is the largest in the country, serving 3.5 million subscribers.
Sky is continuing its quest for content with the acquisition of a 60% stake in Jupiter Entertainment, a US-based production company that specializes in factual programs.
AlcaLu submarine IPO still afloat (geddit?) The folks at Alcatel-Lucent tell me that the plans to list the submarine unit through an IPO are still on course and is expected to happen in the second half of 2015.
I believe that the timeframe has slipped a little (it was my understanding it would take place in H1) but ALU says 'non'...
Still it's giong to happen and that would be another part of the Shift Plan ticked off.