Intelsat has reported revenue of $598.5 million and a net loss of $179.3 million for the three months ended September 30th, 2008. The company also reported EBITDA of $406.3 million. “Intelsat’s third quarter results showed strength and stability as we improved revenue by 10 percent, grew Adjusted EBITDA by 11 percent, and increased our contract […]
The continuing costs related to the hacking of its encryption system took Premiere to its fourth consecutive quarterly loss in the third quarter. A negative EBITDA of E27.2 million in Q3 2008 compared to the positive E22m in the same quarter of last year. Increased costs on transmission, hardware and sales pushed operating costs up […]
The US military has launched an official video-sharing site for American forces and their families called TroopTube, built by Seattle-based startup Delve Networks. Part of the technology of this site compresses video into a package to suit the viewers’ web connections, a clever solution to the bandwidth problem. It also includes a video search service, […]
Nokia Siemens Networks is putting the power of bringing advanced IPTV applications and services in the users' hands with its latest IPTV software release, Home Entertainment Release 3.0. The new offering will allow for full User Interface (UI) customisation, flexible third party application integration and powerful management tools and verification processing. Operators can differentiate their […]
Consumer research from Leichtman Research Group has found that 34 per cent of households in the US have at least one high definition television (HDTV) set – approximately double the percentage of households that had an HDTV set two years ago. The growth of HDTV sets was largely driven by on-going consumer purchasing of TV […]
UK telco BT has announced it will be cutting 10,000 jobs following a gloomy Q2 report. The company said it had already cut 4,000 jobs, leaving a further 6,000 to go between now and March, adding that it was not planning any compulsory redundancies. BT said it was reducing its dependence on consultants and contractors, […]
Sky has become the latest entrant into the price comparison market following the launch of an online shopping service. The service, provided by Digital Window, allows visitors to compare over 3.5m products from high street retailers including Comet, Woolworths and Next. Users then go through to the retailers’ sites to buy. The move into online […]
Mobile phone company 3 is hoping to capitalise on the success of Facebook with the release of a new handset in time for Christmas that integrates the social networking site with all the traditional functions of a mobile phone. The INQ1 puts users in touch with their social networking circle at the touch of a […]
The World Teleport Association's 2008 'Top Teleport Operators' league has been announced, and for the fourth year running, content management and delivery company GlobeCast enjoys a high ranking on both the 'Global Top Twenty' and 'Independent Top Twenty' categories. The list, which provides a unique look into the diverse teleport sector of the global communications […]