Bulgarian telco Neterra Communications is switching satellites for its DTH ‘white label’ (W4) transmissions. Spacecom’s Amos is the new carrier, and Neterra is switching from Telenor’s 1 degree West orbital neighbourhood to the older Amos-2 satellite which operates from the nearby 4 degree West slot. Amos-2 was launched in 2003 and has an expected 12-years […]
TeliaSonera has cleared out its senior management, firing its chief financial officer and three other employees, after an ethics review into the Swedish telco’s deals in central Asia. Per-Arne Blomquist, who was acting chief executive earlier this year before returning to the role of finance director, and the three other workers lost the confidence of […]
Australian pay-TV operator Foxtel is launching its first Triple Play offering of broadband Internet and fixed-line telephony services bundled with its television product. The initiative follows approval by Foxtel’s shareholders Telstra and News Australia, and the execution of a wholesale agreement with Telstra. Such a move will also impact on the potential launch of Netflix […]
Vivendi has confirmed its plan to split in two. The French group is to spin off its SFR telecommunications company and list it separately on the stock market. “This plan could take the form of a distribution of SFR shares to Vivendi shareholders on the day of the transaction,” the company said. Vivendi, which owns […]
Russian telco Rostelcom says it is looking to buy a satellite pay-TV operator. News agency Itar-TASS quotes Rostelcom as saying that it wishes to expand its current pay-TV subscriber base (6.6 million as at December 2012) by moving into the satellite-based pay-TV business and the fastest way to do this would be to acquire a […]
The Belgian government has fired Didier Bellens as CEO of Belgacom, in which it has a 53.5 per cent stake. The move followed recent comments about Prime Minister Elio Di Rupo and the telco’s dividends, as well as an accumulation of similar incidents. In a statement, the Board of Directors of Belgacom said it had […]
Safricom, Kenya’s biggest telco, plans to begin selling bundled Internet and TV services for on-demand viewing within the next 12 months, Chief Executive Officer Bob Collymore said. “We will provide aggregation of content and delivery of content,” Collymore told Bloomberg. “Certainly within the year, we could be playing relatively prominently in that space.” The bundles, […]
Deutsche Telekom has added 361,000 TV subs in the third quarter, including some from the acquisition of Digi Slovakia earlier this year. The German telco reported that as of September 30th it had a total of 3.4 million European TV customers for IPTV, satellite and cable services – up 21.8 per cent year-on-year and 11.7 […]
Charter Communications, the US telco, has reported financial and operating results for the three and nine months ended September 30th 2013. Third quarter revenues of $2.1 billion grew 5.4 per cent on a pro forma basis as compared to the prior-year period, led by growth in video, Internet and commercial revenues. On an actual basis, […]
Telefónica has reached an agreement with PPF Group to sell 65.9 per cent of Telefónica Czech Republic, which includes its operations in Slovakia. The total cash consideration for the operation is €2,467 million with €2,063 million in cash payable upon completion of the transaction and a deferred payment of €404 million over a period of […]