BT has reported strong demand for fibre broadband lines in Q1, but growth in its pay-TV business has slowed. Group revenues were down 2 per cent on last year to £4.4 billion (€5.5bn), with only the consumer division posting growth. Adjusted pre-tax profits were up 7 per cent to £638 million. BT TV added just […]
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 […]
TalkTalk has reported 1.1 million customers for its budget pay-TV service, adding 185,000 in the most recent quarter. The telco, which relaunched its TV offering with a YouView box last year is now the fastest-growing pay-TV provider, increased revenues by more than 3 per cent to £434 million in the June quarter, compared with the […]
Recognising that people are sharing content on the Internet more than ever, with the trend expected to continue, US telco Verizon has confirmed that its FiOS residential customers will receive upload speeds that match their download speeds, making it easier and faster to share. This speed upgrade is free to current customers, and comes at […]
US Senator Al Franken (D-Minn.) has urged key federal regulators to take a close look at AT&T’s proposed acquisition of DirecTV and determine if the deal is in consumers’ best interests. In a letter to the Federal Communications Commission (FCC) and the Department of Justice (DOJ), Franken asked the regulators to examine AT&T’s commitment to […]
Billionaire media mogul Carlos Slim is to sell down his assets in Mexico, including those of America Movil, in order to bring the total market share to below 50 per cent. Slim risked further incurring the wrath of Mexico’s regulator which was preparing tough new rules designed to curb his expansion in the market, and […]
Orange has dropped its ambition to acquire smaller rival Bouygues Telecom’s SFR aftera failing to strike an acceptable deal. “Orange has examined the possibilities of participating in an operation that would lead to consolidation in the French telecoms market, and believes that it cannot pursue this avenue at the present time as the conditions that […]
Ofcom has published the volumes of complaints made against the major providers of telecoms and pay-TV services between January and March 2014. This is Ofcom’s thirteenth quarterly report, which aims
Liberty Global has lined up a new CEO for Ziggo, once its $13.7 billion acquisition of the Dutch cable TV company is completed. Liberty has named Baptiest Coopmans as CEO, subject to its Ziggo offer being declared unconditional. Coopmans is currently MD of Liberty Global-owned UPC Netherlands, a role he has held since replacing Robert […]
IDATE, partner analyst at the LTE World Summit 2014, has published the findings of its World telecom services watch. After the trough of 2009 and hesitant growth in 2010, the global market has been growing at a moderate pace since 2011. Growth in 2013 stood at 2.4 per cent “`we have observed that, by and […]