Telcos are ‘taking over pay TV’

Telecoms companies will account for over half of all pay TV subscriptions in Western Europe and Lat-Am within five years, according to new research. Research house Ovum forecasts that over a quarter of all global pay TV subs will be through telcos, with additions largely going to be driven by organic expansion of IPTV services. […]

Richard Alden granted bail in murder case

Former Wananchi CEO Richard Alden has been granted bail for KES2 million (US$19,700) by a Kenyan court. Alden, who served as chief executive of the Kenya-based media group until last year and is also a former CEO of Spanish cable operator Ono, has been charged with the murder of Grace Wangeci at his home in […]

OSN appoints former pay TV, FA exec as CEO

Middle East pay TV operator OSN has appointed the former director general of Spain’s Ono and chief financial officer of Sky in the UK, Martin Stewart, as its new CEO. The experienced executive, who is currently chief financial officer of The Football Association in the UK (The FA), is due to take up his new […]

Richard Alden pleads not guilty to murder

Former Wananchi Group and Ono CEO Richard Alden was charged with murder at a court hearing on Friday. Alden pleaded not guilty and a bail application will reportedly be heard on June 16. He was arrested last week after Grace Wangechi Kinyanjui was shot at his home in a suburb of Nairobi. A spokesperson for […]

Media exec Richard Alden arrested for murder

Richard Alden, the former CEO of Spanish cable operator Ono and more recently CEO of Kenya-based free and pay TV broadcaster and channel provider Wananchi, has been arrested for murder in Kenya. Alden was arrested after Grace Wangechi Kinyanjui, with whom he reportedly had a relationship, was shot at his home in a suburb of […]

Vodafone seals deal for Spanish cabler ONO

Vodafone has agreed to acquire Spain’s ONO for the equivalent of €7.2 billion (US$10 billion), following last week’s meeting of the cable operator’s shareholders to weigh the relative attractions of the UK mobile operator’s offer and a public flotation. Vodafone said it expects to achieve €2 billion in cost and capital expenditure synergies from the […]

Shareholders meet to discuss future of Spain’s ONO

ONO’s shareholders are to meet this Thursday to decide whether to press ahead with plans for an IPO or to consider a sale of the Spanish cable operator to Vodafone, according to press reports. According to the EFE press service, citing unnamed sources close to the process, shareholders will study both the IPO plan and […]

ONO board backs IPO plan despite Vodafone rumours

Spanish operator ONO’s board of directors have backed plans to take the company public, despite reports of a takeover approach from Vodafone. In a statement, following a board meeting at the company’s headquarters in Madrid yesterday, ONO said that no proposals related to an acquisition of the firm were presented or discussed. Instead, it said […]

Wananchi Group hires former Ono boss as CEO

Wananchi Group, the owner of East African pay TV operator Zuku TV, has appointed former ONO CEO Richard Alden as its new chief exec, replacing current boss Richard Bell. Alden, who has worked as chief operating officer at Wananchi since the start of the year, takes the top job as Bell moves into a new […]