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 […]
Telecom Italia is the leading Italian operator in terms of fibre optic coverage, reaching 30 cities (which will increase to 33 in December), as well as 3 million homes covered with VDSL2. By year’s end, a dozen cities will be completely covered with VDSL2, while in the others coverage will rise to almost 50 per […]
BT has reported that more than two million customers are now signed up to its BT Sport TV service, which it launched in August this year to compete with Sky Sports. BT saw six-month pre-tax profits of £948 million (€1.16bn), a fall of 13 per cent from the same period in 2012. Gavin Patterson, Chief […]
BT has stepped up its efforts to attract TV customers with a major launch of new channels and by offering customers the chance to build their own TV package made up of just the content they actually want to watch. BT’s core Entertainment pack – £7 (€8.21) a month – includes 18 popular pay TV […]
Primacom, Germany’s fourth-largest cable operator, wants an active role in the market’s consolidation, according to its managing director, and has already made bids for certain assets of Tele Columbus and for Deutsche Telekabel. “We are hunters not hunted. We are ready to be a consolidator”, Wolf Waschkuhn, managing director and supervisory board member of Primacom […]
US telco AT&T has reported that total U-verse subscribers (TV and high speed Internet) reached 10 million in the third quarter. U-verse TV had its second-highest net adds ever and best net adds in almost five years, adding 265,000 subscribers to reach 5.3 million in service. AT&T now has more pay TV subscribers than any […]