Reliance-owned Jio Infocomm is a spectacular success. It announced its 4G service in December 2015 and launched in September 2016. It won its first 50 million subs within 83 days, topped 100 million by February 2017. At June 30th this year it achieved a subscriber base of 331 million. Jio is now tapping into that […]
Airline broadband and connectivity supplier GoGo reported revenues for Q2 up 9 per cent to $173 million (€193m), and EBITDA rising to $37.8 million (from $18.9m in the same period last year). “Gogo delivered a solid second quarter, driven by strong underlying service revenue, operational execution and successful implementation of cost controls, including lower than […]
Thaicom, Thailand’s first satellite operator has announced its financial results for the second quarter ended June 30th 2019. Thaicom reported a net profit decrease compared to the previous quarter and the same quarter of last year due to the recognition of several extra expenses. Thaicom reported revenue from sales and services for Q2/2019 of THB […]
Spain’s football TV war and its low cost promotions have hit Vodafone’s results in the first quarter with a 10.3 per cent fall in its revenues to €1.08 billion. Revenues per service also dropped by 9.3 per cent to €988 million. In terms of subscribers, Vodafone ended June with 1.29 million pay TV subscribers, losing […]
Spain’s fifth largest telco group, Euskaltel – owned by UK investor Zegona – saw its net profit fall by 20.5 per cent in the first half of the year to €23 million. Total revenues fell by 1.86 per cent to €342.8 million until June. The company, however, points out a change of trend in the […]
Convergent telco Masmovil Group’s H1 indicate the company continues to lead the acquisition of customers in the Spanish telecommunications market and reaching new record for both revenues and EBITDA. During this period, Masmovil continued to increase the Group’s profitability and has obtained a record EBITDA of €216 million (+40 per cent). The EBITDA margin has […]
UK multiplay operator Virgin Media has unveiled what it describes as a “bold boost” to UK broadband with plans that will bring next-generation gigabit connections to its entire network by the end of 2021 – which it says will make it the UK’s largest and fastest widely available residential gigabit connectivity provider. Providing nearly 15 […]
Orange Spain’s revenues remained flat in the first half of the year reaching €2.6 billion, down 0.4 per cent versus the same period last year. EBITDA grew by 2 per cent to €787 million and CAPEX amounted to €529 million, down 7.8 per cent. Orange has over 3 million fibre optic customers, up 19.7 per […]
Charlie Ergen’s DTH pay-TV Dish Network definitely has a role in the success of the T-Mobile/Sprint giant merger. Dish will pay in $5 billion for certain wireless assets, including Boost Mobile, and this has opened the door for a Dept. of Justice approval for the merger. Dish’s funding is reportedly split two ways, with $1.5 […]
Spain’s three biggest streaming TV platforms – Netflix, HBO and Prime Video – have reached a combined 6 million subscribers according to the CNMC, nearing the same number as the 6.9 million who have a traditional pay-TV subscription with one of the three main operators – Movistar, Orange and Vodafone. Competition is intensifying in the […]