Hibernia strengthens media capabilities by acquiring TeliaSonera's MediaConnect business
Hibernia Media, Hibernia Atlantic's video transport unit, on Tuesday announced that it acquired TeliaSonera International MediaConnect (TSIC), enhancing its media service capabilities in both Europe and the United States.
In Europe, Hibernia said the acquisition doubles its reach with a 13-country "media-specialized network" and combines its QoS network with TSIC's backbone.
Media customers will now be able to connect to a video-enabled fiber network connecting 17 European markets via Hibernia's U.S. network. Already providing services in well-established markets, including London, Dublin and Brussels, the acquisition immediately gives it presence in 14 new markets: Amsterdam, Berlin, Copenhagen, Frankfurt, Helsinki, Madrid, Munich, Oslo, Paris, Riga, Stockholm, Tallinn, Vienna, and Vilnius.
Customers can leverage the integrated network for both full-time and pre-scheduled live video events, but it won't begin offering its Occasional Use live feed service on the TeliaSonera media network in Europe until Q4 2012.
Over the newly combined network, Hibernia will continue to provide its broadcast and video customers international sports programming, network programming, news segments, and global events.
As of late, Hibernia has been actively building out its overall network reach in Europe and to the U.S. in addition to expanding its broadcast service capabilities with other service provider partners. In April, Hibernia struck a pact with European-based provider Colt (LSE: COLT.L) to connect its European and U.S. broadcast networks.
- see the release
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