European Union antitrust regulators have paused their review of Liberty Global’s bid for Dutch peer Ziggo while waiting for the US cable company to provide more details of the deal. The European Commission said the clock would start running again once it has the information. It had been scheduled to decide on the deal by […]
Time Warner Cable reported in a mixed second quarter with basic video subscriber and high-speed data customer additions beating year-over-year marks, but missing analysts’ consensus estimates. TWC lost 147,000 basic video customers in the quarter, a 22 per cent improvement over the same period last year, but far short of analysts’ consensus estimates of a […]
RDK was ‘invented’ in America and is now expanding internationally with more service providers and vendors signing up. Is it the answer for a standardised approach to interactive and multiscreen service development? Will it deliver on increased innovation and speed to market? Or is it a one-size fits all approach to suit the biggest operators; […]
Pace used its interims to predict a strong year. The British STB manufacturer said YoY it was producing more profit on lower turnover with revenue down 13.6 per cent to $1,139 billion but gross profit up 5.4 per cent to $245.8 million. Adjusted EBITA was $106.3 million against $96.7 million last time. Profit after was […]
Investment fund Altice has announced that its wholly-owned subsidiary, Altice France is acquiring a 34.6 per cent stake in French cable telco Numericable Group from Carlyle Cable Investments and CCI (F3) S.à r.l (Cinven), as previously announced on April 7, 2014. A first portion, representing approximately 20.6 per cent of Numericable shares out of the […]
Following the completion of the glass fibre optic cable network in Ticino, Switzerland, more than 2 million connected households can now benefit from upc cablecom’s modern information superhighway. Thanks to investment of over CHF 1.1 billion in the last five years, the company is now offering the fastest Internet across the whole of its footprint. […]
Comcast Q2 income rose 15 per cent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated. High-speed Internet customers increased by 203,000 – the best Q2 net additions in six years, The largest cable provider in the US reported that net […]
ARRIS and Wurl have announced the launch of ARRIS Market – a new open platform for cable operators combining OTT content with traditional programming services on ARRIS set-tops. The platform is standards-based and features an HTML5 interface that integrates thousands of OTT content choices into a single, seamless experience. ARRIS Market gives operators unprecedented flexibility […]
Digicel has reached an agreement with Telstar Cable Limited to acquire its cable and fibre network in Jamaica. On completion, which is subject to approval by the Broadcasting Commission, Digicel will invest significantly in the network to increase coverage and further expand the products, services and content available to cable customers in Jamaica. The acquisition […]
Swedish cable television operator Com Hem has posted a 3.5 per cent rise in Q2 core profit and predicted mid-single digit sales growth in 2014. Com Hem said profit before interest, tax, depreciation, amortisation, writedowns, one-off costs and currency swings rose to 566 million crowns ($83 million) from 547 million a year ago, helped by […]