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Arqiva steps up IPO plans; Vivendi asked to clarify Telecom Italia control


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Arqiva steps up IPO plans; Vivendi asked to clarify Telecom Italia control


* Arqiva Ltd. will work with Barclays, Goldman Sachs, HSBC and JP Morgan for the British company's planned IPO, Reuters reports, citing a source with knowledge of the matter. Arqiva is expected to be worth about £5 billion to £6 billion, according to reports.

* Italian market regulator Consob asked Vivendi SA to notify it by Aug. 7 as to whether the French company controls Telecom Italia SpA, Reuters reports. In response, Telecom Italia said Vivendi began the "direction and coordination" of the Italian operator on July 27, but the issue of whether Vivendi effectively controls it had not been discussed.


* The U.K. Department of Transport announced new guidance aimed at better protecting internet-connected cars from hackers. The new guidelines are expected to ensure that engineers incorporate cybersecurity measures as they develop new vehicles.

* The British government proposed a new Data Protection Bill that will allow the country's citizens to have more control over their personal data. Under the proposed legislation, users would have the "right to be forgotten," allowing them to ask social media companies to delete personal information including those posted in their childhood.

* Pearson Plc is slashing about 3,000 full-time positions as part of its restructuring plan, according to its latest interim results. The publishing company also announced an interim dividend of 5 pence, lower than the 18 pence it declared in 2016.

* Vodafone Group Plc unit Vodafone India partnered with Discovery Communications Inc. to add 12 Discovery HD and standard definition channels on its streaming platform Vodafone Play. The channels to be added are Discovery Channel, TLC, Animal Planet, Discovery HD World, Discovery Science, Discovery Turbo, Discovery Kids, Investigation Discovery, Animal Planet HD World, TLC HD World, Discovery Tamil and sports channel DSPORT.


* Financial investor General Atlantic finalized its exit from Axel Springer SE, selling its last 2.23 million Springer shares for about €121 million to institutional investors, Handelsblatt reports.

* Switzerland-based PostFinance AG acquired an 11% stake in online social trading platform wikifolio Financial Technologies AG, according to two news releases. Wikifolio, which is based in Vienna, Austria, combines financial investments with the principles of social networks, allowing private and professional traders to publish their trading activity and implement their investment strategy on the platform in practice custody accounts.

* Austrian news site Kurier announced its entrance into the television business with its takeover of Austrian channel SchauTV. Financial details were not disclosed. Kurier plans to invest around €500,000 into SchauTV until 2020, Die Presse reports.

* German commercial television channel Sat.1 (DE) will not be required to air third-party formats as previously stipulated by the German Landeszentrale für Medien und Kommunikation, or LMK, DWDL reports. An expedited application by Sat.1 found the decision by LMK to be illegal.


* TF1 Group struck a deal with Vivendi unit Canal Plus SA to acquire the rights and co-finance the third season of children's animated series "Molang," produced by Millimages. The series will feature on TF1's youth slot TFOU.

* TV5MONDE has called for the release of French reporter Loup Bureau, who was arrested in Turkey for alleged terrorist activity in connection with the Kurdish fighters of Syria. The TV network joined similar calls from the European Federation of Journalists, the International Federation of Journalists and Reporters sans frontières.


* KPN NV, Tele2 Netherlands and Vodafone Nederland had a muted response to the Dutch Ministry of Economic Affairs wanting to expand possibilities in the 3.5 GHz band to give 4G and 5G applications more space, Telecompaper reports. The providers said they will hold off any changes to their own policies until definite plans on the matter are known.

* Amsterdam Internet Exchange BV founder and CEO Job Witteman is leaving the company after 17.5 years. The existing management team, consisting of Chief Technical Officer Henk Steenman, CFO Saskia Poelman and Chief Commercial Officer Jesse Robbers, will manage the organization until a replacement has been agreed.


* Swedish company Garantibil Sverige AB, which operated a car sales platform known as Carable outside of Sweden, has filed for bankruptcy, Di Digital reports. Garantibil has raised 103 million Swedish kronor in venture capital from investors but has struggled with huge losses.

* Former Swedish Finance Minister Anders Borg has stepped down as deputy chairman of Swedish investment company Kinnevik AB, according to a news release. Kinnevik, which invests heavily in the tech sector and internet startups, appointed Henrik Poulsen as the new vice chair. Borg stepped down after reports that his behavior at a private party is under police investigation.

* There will be room for 18 new nationwide radio stations in Denmark when the country's digital radio format DAB is upgraded to DAB+ on Oct. 1, Finans reports. Teracom AB, which manages the DAB+ broadcasting rights until 2029, said there is great interest from media companies.


* Enel Open Fiber SpA, together with Italian state lender Cassa Depositi e Prestiti, struck an agreement to access Rome-based utility company Acea's infrastructure for the Enel SpA unit's deployment of fiber-to-the-home services in Rome, Telecompaper reports.


* Telemach Slovenia agreed to take over Slovenian cable operator Teleing, Telecompaper reports. Under the deal, Teleing subscribers in the 15 municipalities in the Lower Podravje and Pomurje regions will have access to high-speed internet access, HD channels and video-on-demand, among others.

* Telia Lithuania is cutting its mobile internet roaming charges by up to 98% in about 70 states outside the EU, Telecompaper reports. The Telia Co. AB unit has reportedly experienced an increase in data roaming usage in Russia and Belarus after decreasing roaming rates in the two European countries.

* Russia's Rostelecom PJSC is working to upgrade its four obsolete telephone exchanges in the town of Zarinsk in the Altay region to multiservice access node digital equipment, Telecompaper reports. The project is expected to be completed by August-end.


Apple, Amazon bow to China's censors; Google to vet YouTube content in Indonesia: In this biweekly feature, S&P Global Market Intelligence provides a roundup of significant recent regulatory events in the Asia-Pacific region.

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Anne Freier, Amanda Kelly, Charlotte van Hek and Esben Svendsen contributed to this report. The Daily Dose has an editorial deadline of 7 a.m. London time. Some external links may require a subscription.