The number of Swisscom TV connections increased year-on-year by 183,000 (30 per cent) according to the Swiss telco’s full year figures. Around 200,000 Swisscom TV customers are already testing the replay function, which allows programmes from around 70 channels to be watched up to 30 hours after they have been broadcast. Additionally, around 80 per […]
Virgin has reported that total revenue for 2012 was up 2.7 per cent to £4.1 billion (€5.06bn), and up 1.6 per cent to £1,040 million for the quarter. Operating Cash Flow was up 4.0 per cent to £1.654 billion and net cash provided by operating activities was £1,040 billion for the year. The average number […]
Europe’s satellite operators have issued a strong condemnation of the European Commission’s attitude towards terrestrial bias in broadband deployment. Brussels, it is argued by the operators, regularly favours and helps underwrite terrestrial and cellular connectivity and yet ignores similar help towards the satellite industry. A meeting in Brussels, organised by the European Satellite Operators Association, […]
BT has reported over 60,000 TV customers with YouView connected TV boxes and revealed it signed up 21,000 BT Vision customers in the quarter to the end of December. It ended its fiscal third quarter with 770,000 BT Vision customers ahead of its big summer push for subscribers following its acquisition of Premier League football […]
TeliaSonera’s Chief Executive Lars Nyberg has handed in his resignation following criticism of the company’s investment in a telecom licence in Uzbekistan. The move comes after TeliaSonera’s board agreed that criticism of the company’s activities in Uzbekistan is justified but noted that a company-inquiry had found no evidence of bribery or money laundering . “Even […]
IDATE forecasts that in 2020, for the USA and EU combined, OTT communication service revenues will have increased to €15 billion from €7 billion in 2012. Yet they will still only account for 6 per cent of total communication service revenues, with telcos accounting for the remaining 94 per cent. The total market will decline, […]
Swedish telco TeliaSonera has reported a 35 per cent rise in fourth-quarter net profit, driven by one-off gains, including from the initial public offering of Russia’s second largest mobile operator MegaFon. The company said it expects growth in revenues in local currencies in 2013 to remain flat at the 2012 level, but that currency fluctuations […]
The disappointing financials of 2012 and the unsatisfactory bids received so far could complicate the planned sale of Telecom Italia’s media unit. According to local media reports, the full-year losses at Telecom Italia Media may have reached €100 million (€53.8 million in Q3 2012), mainly due to lower than expected revenues. This means that the […]
BT has been fined £95 million (€117m) by Ofcom for “overcharging” rival telecoms firms for access to its network. Cable & Wireless Worldwide, BSkyB, Talk Talk, Virgin Media and Verizon are all entitled to refunds. Ofcom said BT had overcharged these firms for “certain wholesale ethernet services” between April 2006 and March 2011 and must […]
Portuguese multimedia company Sonaecom and Kento/Jadeium – owned by Angolan businesswoman Isabel dos Santos – have reached an agreement on the merger of telecommunications operator Optimus and pay-TV operator Zon Multimedia. Dos Santos is the biggest shareholder of Zon Multimedia, owning 28.8 per cent, while Sonaecom controls 100 per cent of Optimus. Total revenues at […]