Deutsche Telekom’s operating profit fell 4.3 per cent in the first quarter, as it invested in its major markets in Europe. First-quarter EBITDA, excluding exceptionals, came in at €4.29 billion. Deutsche Telekom said investments came to more than €3 billion in the first quarter, up almost 40 per cent from last year, mainly on the […]
Spanish telco Telefonica has revamped its IPTV platform, Movistar TV with the addition of a more innovative and user-friendly interface and expanded content line-up with emphasis on HD channels (with an offer of up to 18 HD channels) in an attempt to tackle the constant loss of subscribers. In the first quarter of the year, the […]
BT is set to give free access to its new sports channel showing live Premier League football to a million subscribers who take its high-speed fibre optic broadband service. The telco will unveil details of the plan on May 10th when it reveals full-year figures, likely to show profits up five per cent to £2.5billion […]
Swiss telco Swisscom has reported net revenues fell 2.4 per cent in the first quarter as record customer growth failed to offset weakening market prices. First quarter net profits fell 12.4 per cent to 390 million Swiss francs ($420.3 million). Swisscom TV connections increased by 205,000 (31.3 per cent) year-on-year to 860,000. Meanwhile, Swisscom has […]
Telco and pay-TV giant America Movil is to merge its Brazilian operations. Local director Daniel Hajj says the Mexican-owned company will consolidate its DTH, cable TV and cellular subsidiaries. America Movil owns the Embratel DTH system, Net Servicos (cable) and Claro mobile phone business, and Hajj says the operation will take between 18 and 30 […]
Spain’s dominant telco Telefonica has pulled out of satellite company Hispasat by selling its remaining stake to Eutelsat in a deal estimated at €56 million in cash. Earlier this year Telefonica transferred to Abertis Telecom half of its shares of Hispasat for €68 million and agreed that it would sell its remaining stake in the […]
DISH Network Corporation has submitted a merger proposal to the Board of Directors of US telco Sprint Nextel Corporation for a total cash and stock consideration of $25.5 billion. According to DISH, the offer “clearly represents” superior value to Sprint shareholders, including greater ownership in a combined company that is better positioned for the future […]
Digisoft.tv, a global provider of HTML5 set-top box (STB) software and Dune HD, a global leader in full HD media players and connected boxes, announced at NAB a new cost-effective consumer platform aimed at carriers and retailers. Based on the award-winning Dune HD Connect StickSTB with additional support for the company’s full line of IPTV […]
Ericsson is buying Microsoft’s TV solution Mediaroom business. This will make Ericsson the leading provider of IPTV and multi-screen solutions with a market share of over 25 per cent. The deal, first reported here a couple of weeks ago, is expected during the second half of 2013. Mediaroom employs more than 400 people worldwide. Per […]
The UK government should help open up access to the national fibre network being rolled out by BT, says Sir Charles Dunstone, chairman of telecoms group TalkTalk and YouView. Dunstone told the FT that Ofcom needs to regulate the cost of wholesale access to BT’s fibre network, which he said would mean lower prices for […]