WHY THIS MATTERS:The deal, which would combine the largest pay TV distributor in the country with the second largest content producer, was proposed a year ago and is still being scrutinized by the U.S. Department of Justice.
WHY THIS MATTERS:The U.S. once again led global Technology, Media & Telecom M&A activity by capturing 43% of market share by value with 892 deals worth $127.9 billion.
WHY THIS MATTERS:The Australian government-backed operator plans to launch commercial services using FTTC in the first half of next year, and eventually use the technology to serve an initial 1 million premises.