For the convenience of adopters, S2 Licensing offers a license under the combined portfolios (over 100 international patents) of DTVG
Prior to the close of the pending merger with LEI, DTVG seeks to amend certain terms and conditions of the debt outstanding at LEI including the release of liens on shares of DTVG common stock owned by subsidiaries of LEI.
Fitch believes that returning capital to its shareholders will remain a priority for the company, as DTVG historically has used free cash flow generated by DTVH to fund large share repurchase programs.
Fitch does not expect DTVG
to rapidly increase leverage to its new target.
In Fitch's opinion the proposed merger between DTVG
and LEI is a credit neutral event.
S2 Licensing announced today the launch of a licensing campaign under the combined patent rights in DVB S2 standardized technology held by DTVG
During the first quarter DIRECTV generated approximately $405 million of free cash flow, including a $100 million dividend to DTVG
, reflecting a 55% increase compared to the same period last year.
4% ownership stake in DTVG
(among other considerations) for Liberty's ownership stake in NWS.
The company indicates that as of June 1, 2006, including the two additional repurchases from the GM pension trusts, DTVG
has repurchased approximately 160.
Aircom International Ltd Amstrad PLC Anritsu Ltd ATL Telecom Ltd Avaya Ecs Ltd Bookham Technology PLC BT (CBP) Ltd CML Microsystems PLC Continental Microwave Ltd DTVG
Europe Ltd Eaton Power Solutions Ltd Emtelle UK Ltd Ericsson Ltd Filtronic PLC Fujitsu Telecommunications Europe Ltd Global Communications (U.
Pro forma for the new debt issue, as well as the bank debt financing and equity contribution by DTVG
, completed in April as if they were completed on March 31, 2005, Fitch believes that total debt will increase by $500.
) (Fitch acknowledges that DTVG
does not guaranty the debt of DIRECTV).