Vodafone “in talks with Tesco to acquire Blinkbox”December 2, 2014 - 12:19 AMT PanARMENIAN.Net - Vodafone is reportedly in talks with Tesco to acquire the supermarket chain's Blinkbox service. The two parties are close to reaching a deal for the movie and TV platform, which the retailer could be willing to offload at a cut price, Digital Spy said citing The Telegraph. Reports suggest that Tesco has been seeking a buyer for Blinkbox for some time, with the service racking up a deficit of $29 million during the firm's latest earnings call. The news follows confirmation that Vodafone is entering the paid TV and broadband businesses, ambitions that could be bolstered by the proposed Blinkbox buyout. Blinkbox offers a range of movie and TV content for purchase and rental, but does not include a subscription option like Netflix and Amazon Prime Instant Video. Tesco also operates a Blinkbox Music service, but it is unclear whether Vodafone is set to acquire that as part of the deal. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Concept to complete Yerevan Cascade discussed at city hall A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte. Pashinyan visits flood-hit region Armenian Prime Minister Nikol Pashinyan on Saturday, June 8 visited the disaster area in the Lori province. €3.5 mln EU grant to support justice reforms in Armenia The European Union has paid €3.5 mln grant to Armenia within a €11mln program on Support to Justice Reforms. Yerevan reacts to Baku’s proposal to see Minsk Group abolition Alen Simonyan has declared that Armenia is taking steps aimed at concluding a peace treaty with Azerbaijan. |