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SoftBank to buy UK chipmaker; UPC names new CFO


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SoftBank to buy UK chipmaker; UPC names new CFO


*SoftBank Group Corp.offered to buyU.K.-based semiconductor intellectual property supplier ARM Holdings Plc for $31.4billion in cash. SoftBank said in a news release that it intends to preservethe ARM organization, maintain ARM's Cambridge, U.K. headquarters and at leastdouble the employee headcount in the U.K. over the next five years. The deal isnot subject to any antitrust or regulatory conditions.

*Liberty Global plcnamed Virgin MediaInc. Deputy CFO Mark Reid as CFO of its UPC unit, effectiveSeptember, Broadband TV News reports.Reid will replace Ivan Nash Vila who is set to Endemol Shine Group.


*Google Inc. CEOSundar Pichai defended the company's tax practices in Europe, amid a number ofprobes the AlphabetInc. unit is facing within the EU, AFP reports,citing Welt am Sonntag. Pichaireportedly said Google is pitted "between the conflicting priorities ofinternational tax law," while adding that the U.K.'s recent decision toleave the EU will pose further challenges to the company.


*Telefónica SA unit O2promoted CFO Mark Evans to CEO, effective Aug. 1, as current CEO Ronan Dunneexits the company following a strategic review, O2 said in a statement.Dunne will also step down from the O2 board and Telefónica executive committee,but will still support the business until September.

*Ruth Clarke will take on the role of managing director of ITV Studios GlobalEntertainment, reporting to ITV Studios President, International MariaKyriacou, the ITV Plcunit announced.Clarke was previously executive vice president for content strategy andinvestment at ITVS GE.

* Singapore sovereign wealth fund Temasek Holdings (Pvt)Ltd. invested an undisclosed amount in Edinburgh, Scotland-based communicationtechnology company pureLifi, The StraitsTimes reports.PureLifi, which has raised more than $10 million to date, offers high-speedwireless internet through light spectrum instead of radio frequencies.


* German broadcaster Hessische Rundfunk ended 2015 with aloss of €54 million, reportsDWDL. The broadcaster expected aneven bigger loss, about €8.4 million higher, according to the report.

* German publisher Gruner + Jahr's content communicationfirm Territory is taking over digital agency webguerillas, closing a strategicgap, reportsMeedia. Webguerillas has a workforceof 160 and a profit of €18 million, according to the report.

* Following its takeover of German telecoms firm KabelDeutschland, mobile operator Vodafone Group Plc, has now launched new channels forits TV customers, reportsComputerBild. The network operator announced that free TV channels RTL Plus aswell as Super RTL subsidiary Toggo Plus are available across the network.

* German video-on-demand platform Kividoo expanded itsad-free TV programming for kids, accordingto Infosat. The company added audio series to its library of 3,500 series andmovies for children, according to the report.

* VivendiSA unit StudioCanal requested French exhibitors to stop showing the movie"Bastille Day" in theaters as France declared a three-day mourningperiod after a truck attack in Nice, Varietyreports.StudioCanal reportedly stopped running ads for the movie, which is about aterrorist attack in Paris. The movie starring Idris Elba was released on 244screens on July 13.

*Deveryware, the provider of SAIP, France's major incident warning app, wassummoned to the Interior Ministry, reportsLe Figaro. The company has come underfire over the three-hour delay in sending an emergency alert about the terrorattack in Nice.

*After the terror attack in Nice, many U.S. telecoms offered customers an opportunityto make free calls to France to connect with family and friends, CBS News reports.Participating companies included T-Mobile, MetroPCS, GoSmart Mobile, WalMartFamily Mobile, AT&TInc., VerizonCommunications Inc., Google and Sprint Corp.

*France's telecom regulator ARCEP and Paris transport operator RATP signed anagreement to collaborate on ensuring quality mobile coverage throughout thecity's underground and train network, according to a statement.Working with OrangeSA, IliadSA, SFRand Bouygues Telecom,3G and 4G coverage for the entire RATP network was initially planned for 2015,but delays have extended the deadline to the end of 2017.


* MicrosoftCorp.'s Skype will appeal a €223,000 fine imposed by Belgiantelecom regulator BIPT, De Tijd reports.According to BIPT, Skype must register as telecom operator, due to its serviceSkypeOut, which can be used for calls to mobile and landline numbers.

* Dutch State Secretary of Media Sander Dekker said thatlarge sports events do not have to be broadcast live and in full on opennetwork TV, TotaalTV reports.He said this in response to parliamentary questions about Formula 1 races,which can currently only be viewed by Ziggo NV customers and through other providers' pay TVoffers.

* Belgian telecom regulator BIPT concluded that businessusers in Belgium are charged higher telecom rates than users in countries suchas France, the Netherlands, Germany and the U.K., Telecompaper reports.Belgian mobile internet rates are significantly higher, as mobile internetbundles in the surrounding countries are increasing in size while prices arestable.  


* NokiaCorp. filed a U.S. federal lawsuit in Texas against Chinesesmartphone maker HuaweiTechnologies Co. Ltd. alleging patent infringement of three 4Gtechnologies and the refusal to negotiate licensing terms, China's iFeng Tech reports. Nokia'sfiling is reportedly intended to prevent Huawei's further push of its 4G patentinfringement lawsuit against T-Mobile US Inc., as it pertains to Nokia equipment.T-Mobile US is a unit of DeutscheTelekom AG.

* Elisa Oy said in a statementthat it recorded a strong second-quarter 2016 earnings result despite difficultoperating conditions in a sluggishly performing Finnish economy. Elisa becamethe first Nordic operator to test the 700 MHz frequency, and expanded mobilesubscriptions by 6,600 during the quarter.

* AppleInc.'s proposed music streaming-related copyright law could be adirect legislative shot at Spotify Ltd., reportsDI Digital. Apple wants to simplify the complex way song-writing royalties arepaid for on-demand streaming services in the U.S., but Spotify believes it isthe target of the iPhone maker's law change initiative, according to the report.

* Finland's Ministry of Transport and Communications willauction off operating licenses covering the commercial uptake of 700 MHzfrequency bands for wireless broadband use, Finnish public broadcaster Yle reports.The licenses earmarked for auction, which will be held by the end of 2016, wereformerly used to transmit TV channels in Finland.


* MásMóvil Ibercom SA will receive funding of up to €200million from Providence Equity Partners LLC to help pay for its of 's Spanish mobile unitYoigo, Telecompaper reports.In exchange, the private equity firm will get long-term convertible instrumentsthat would make it MásMóvil's biggest shareholder after 39 months.

* Maltese and Tunisian regulators are examining TunisieTelecom's planned acquisition of GO plc, Total Telecom reports,citing the Times of Malta. Theauthorities are reportedly looking into a conflict of interest, as GO'smajority shareholder Emirates International Telecommunications also owns a 35%holding in Tunisie Telecom.

* Turkish military helicopters attacked ' headquarters in Ankara as part of a coup , The Associated Press reports,quoting Turkey's state-run news agency. Soldiers also took over CNN-Turk'soffices, with the TV network returning on air by the early hours of July 16,Advanced Television reports.

* President Fatima Barros of Portuguese telecom regulatorAnacom said the watchdog is not certain whether AlticeNV's PTPortugal will renew its contract for the management of thecountry's digital terrestrial television multiplex. The contract expires in2023, Telecompaper reports,citing Lusa.


* Apple is planning to provide repair services for itsiPhone devices in Russia, Telecompaper reports,citing Vedomosti. The tech giantplans to offer services for the entire repair cycle, including the replacement ofdamaged screens.

* TelewizjaPolska SA is preparing the launch of an Ultra HD channel, BroadbandTV News reports,citing Wirtualne Media. TVP spokesperson Magdalena Lobodzinska said thebroadcaster intends to complete the installation of technology that enableslive transmission of 4K content on the internet by 2018.

* VodafoneRomânia is trialing a 4G TV app that allows users to watch almost20 local and international TV channels, Broadband TV News reports,citing ZF. The service also offersaccess to on-demand services and aggregates content from 's HBO and musicstreaming platform Zonga.


MarketWeek:M&A helps drive up media, entertainment shares amid broader bullmarket: Entertainment giants AMC Entertainment Holdings and LionsGate Entertainment notched share gains after announcing investments in Britishcompanies during the week ended July 15.

Briefing Room:Twitter courts political conventions, but TV still king: Twitterwill live stream the 2016 political conventions, but any long-term threat tolinear ratings is yet to be seen.

Best of SNL:Media & Comm, editor's picks: Take a look at the media andcommunications editor's top five picks for the week ended July 15.

Best of SNL:Media & Comm, most read: S&P Global Market Intelligencepresents the five most read media and communications articles for the weekended July 15.


: Nexstar Broadcasting Group continued spinningoff stations to comply with FCC regulations in its Media General acquisition.The deal volume of the sales announced in June far exceeded May's count.    

: Instead of launching newchannels, some of the major media companies are focusing on rebrandingstruggling cable networks to boost consumer demand.

Amanda Kelly, Anne Freier,Koen Pijnappels and Gerard O'Dwyer contributed to this report. The Daily Dosehas an editorial deadline of 7 a.m. London time. Some external links mayrequire a subscription.