The continued operating and financial momentum at Virgin Media helped fuel international TV and broadband company Liberty Global’s Q3 results, according to CEO Mike Fries. The quarter saw record Q3 RGU additions at Virgin Media, driven by 104,000 net adds in the UK. “This achievement was supported by strong volume growth in both our Project […]
To deliver new best-in-class customer experiences and to ensure first-to-market leadership in the 5G era, US telco Verizon Communications has announced a new operating structure focused on three customer-facing areas: Consumer, Business and Verizon Media Group / Oath. These groups will be supported by a network and IT organisation, and corporate-wide staff functions. The changes […]
Telekom Srbija has announced the acquisition of Serbia’s second-ranked cable TV and broadband services provider which has more than 200,000 TV and Internet subscribers in 60 cities across the country. Kopernikus Technology, which also provides Internet and fixed telephony services, has been majority-owned by Central European investment fund Abris Capital Partners since 2016. The operator […]
Companies laying high-speed fibre cables used by large businesses, mobile operators and broadband providers will have greater access to broadband infrastructure provider Openreach’s ducts and poles, under proposals set out by communications regulator Ofcom. The plans are published alongside a consultation on Ofcom’s Business Connectivity Market Review (BCMR), which looks at competition for dedicated, high-speed […]
UK telco BT has reported revenue of £11.588 billion for its second quarter, down 2 per cent and adjusted revenue of £11.624 billion, down 1 per cent as growth in its consumer business was offset by regulated price reductions in its Openreach infrastructure subsidiary and declines in its enterprise businesses. Operationally, the telco reported that […]
In spite of pressure from competitors, Swisscom says it was also able to expand its TV business in Q3. The number of TV connections rose by 57,000, or 3.9 per cent over the last 12 months, to reach more than 1.5 million. In the third quarter, the figure grew by 9,000. The Swiss telco reported […]
Research from consumer body Which? into the UK’s biggest broadband providers has found that Virgin Media customers were the most likely to have experienced a problem with their broadband service over the last 12 months, with issues affecting seven in 10 people. The latest results of its broadband survey of more than 7,000 customers found […]
The UK Government is to give rural areas a £200 million funding package as part of its full-fibre broadband pledge. The money – announced by Chancellor of the Exchequer Philip Hammond as part of his Budget measures – has been allocated from the National Productivity Infrastructure Fund and is intended as a stimulus for companies […]
MásMóvil has published its results for the first nine months of the year in which the company increased profitability and continued leading the growth of the telco market in Spain. In this period, MásMóvil reached a net income of €57 million and an adjusted net income of €106 million. In response, the company has updated […]
Tens of thousands more new-build homes could be in line for a broadband boost after Openreach, the UK’s digital network business, is to reduce the price it charges developers for its future-proof Fibre-to-the-Premises (FTTP) technology by more than three quarters. The new pricing means UK house builders will pay just a fraction of the current […]