Spain’s Telefonica said first-quarter net profit halved after the value of its stake in Telecom Italia plunged following a capital increase and it cut prices in its recession-hit home country. Net profit at the euro zone’s largest telecoms company fell 54 per cent to €748 million. The bottom line was hit after Telefonica wrote down […]
The UK telco has gained from continued strong demand for its fibre broadband service ‘BT Infinity’ and its hybrid DTT/IP television service ‘BT Vision’ – which added 28,000 subscribers in the quarter to reach over 700,000, up 23 per cent on an annual basis. BT added 136,000 retail broadband connections in the quarter, representing nearly […]
Telecom Italia has officially confirmed the sale of Telecom Italia Media, its media and broadcasting unit in which it owns a 77 per cent stake. The Board of Directors has decided to begin the process for the disposal of the activities in the media sector, in view of the refocusing of the Group on the […]
With cable and satellite TV platforms facing the threat of ‘cord-cutting’ from viewers cancelling their pay-TV subscriptions in favour of connected TV and over-the-top TV alternatives, US cable TV industry trade body the National Cable & Telecommunications Association (NCTA) has launched a multimedia campaign positioning cable as being ‘More than TV. It’s How We Connect’. […]
Announcing its Q3 results, Sky says it is the nation’s favourite digital TV, broadband and home phone provider. Following a record quarter of growth, more than 3.2 million Sky homes now take the ‘triple play’ of services from Sky, equating to around a third of all Sky homes. Since launching in 2006, the success of […]
The move to an all-IP world where everything is connected presents a major threat to telecom operators’ core voice and SMS revenues, but also significant opportunities for these operators to extract value from adjacent markets. This is one of the main findings of Telecom Operators: Let’s Face It, the 11th edition of the annual report […]
The spike in demand for Internet protocol TV (IPTV) and broadband-based video service is a major factor spearheading growth in the world xDSL test equipment market, according to analysis from business advisory firm Frost & Sullivan. High bandwidth requirements for IPTV and customers’ higher expectations of service uptime are forcing service providers to purchase the […]
A failure to understand content has been a key factor in holding back telcos from becoming successful ‘mediacos’ according to Gerry O’Sullivan, Vice President of Global TV and Entertainment at Deutsche Telekom (DT). In a keynote address at the IP&TV World Forum, O’Sullivan admitted that telcos often struggled with the specific needs of content owners […]
Leading Canadian telco Bell is actively pursuing its strategy of delivering the best content across every broadband screen in Québec by acquiring Québec’s leading media company Astral in a $3.38-billion deal. Astral’s broad national media portfolio includes top-tier TV, radio, digital and out-of-home properties. The move follows its 2011 acquisition of CTV, Canada’s leading commercial […]
Spain’s largest cable company ONO remained in the black in 2011 for the third consecutive year. The company made a profit of €50 million, up 7.8 per cent on the previous year. Total revenues increased by 1 per cent to €1.485 billion and the EBITDA grew by 3.2 per cent to €348 million. The launch […]