KT in pact with Verizon to better content delivery

Verizon Digital Media Services said KT Corporation will leverage Verizon EdgeCast technology to better content delivery and quality of service to its Korean customers. As per the multi-year deal, Verizon Digital Media Services customers gain ...

AT&T-DIRECTV deal gets Mexico approval

AT&T on Tuesday said it received the necessary approval from Mexico’s Federal Telecommunications Institute (IFT) for acquiring DIRECTV. Earlier, AT&T received approval in Brazil and Trinidad and Tobago. However, AT&T is yet to ...

SoftBank to acquire streaming video biz DramaFever

SoftBank Internet and Media (SIMI) is set to acquire DramaFever, an online video business for television shows and movies. Founded in 2009, DramaFever company has raised $12 million to date from its investors including AMC Networks, Bertelsmann, ...

DirecTV shareholders approve $48.5 bn sale to AT&T

Shareholders of DirecTV have approved the company’s acquisition by AT&T for $48.5 billion, DirecTV said on Thursday. The $48.5 billion deal, currently under review by U.S. and international regulators, was approved by 99 percent of votes ...