PCCW in Hong Kong is looking to raise as much as 10bn Hong Kong dollars ($1.3bn) in a share sale. The company said it was planning to spin off its telecom unit into a publicly traded trust. A major slice of the money raised will be used to pay off the firm’s debts. “The directors […]
Mexico’s Maxcom Telecomunicaciones is set to launch an online video and live television rental service using a technology that allows streaming with a very low broadband speed. The telco already offers phone and Internet services in Mexico, where it has around 100,000 broadband users, The service will pitch it into competition with Netflix’s recently-launched operation […]
In the battle between the telcos and cable TV industries, cable service providers are pulling ahead of telecoms service providers. According to data from TeleGeography’s GlobalComms Pay-TV research service, in Q2 2011, the number of IPTV subscribers worldwide exceeded 50 million as telcos continued striving to exploit their fixed broadband customer base to gain a […]
Ka-band – the part of the spectrum that covers the frequencies of 26.5 GHz to 40 GHz – is creating enormous opportunities for satellite operators, as well as being a crucial factor in bringing advanced triple-play content to rural areas across the world, according to Paul Scardino, VP of Corporate Sales and Marketing at Globecomm. […]
The Brazilian Senate has approved a law that allows telecommunications operators and foreign companies to provide cable TV services in the country. The measure is now awaiting the approval of President Dilma Rousseff. Under the new law, America Movil would be able to exercise the option it has to acquire control of voting rights in […]
Austrian telecom group Telekom Austria lowered its full year outlook after it reported a decline in second quarter earnings in line with estimates. The group said it now aims to reach a core profit of up to €1.55 billion and sales of around €4.5 billion. Previously it had forecast a largely flat core profit of […]
Bell Aliant has selected Sigma Systems to deploy its Telco Services Accelerator solution to simplify the provisioning and activation of triple-play bundles on its Fibre-to-the-Home (FTTH) network. The Canadian telco’s FibreOP network currently passes nearly 300,000 homes and business across a number of provinces in Canada. Sigma Systems’ Telco Services Accelerator has been combined with […]
Deutsche Telekom has reported a big fall in its profits as a result of restructuring costs and poor results from its Greek businesses. Net profit for the three months to the end of June were €348 million, 26.7 per cent down on the same period last year. Restructuring costs came from putting T-Mobile UK into […]
Monaco Telecom is preparing to launch a new service enabling customers to view its IPTV video on demand service on other wireless-enabled devices such as tablet computers. Monaco Telecom will be the first telecoms operator to provide the nCloud, a multimedia server created by specialist IPTV set-top box provider Netgem. Monaco Telecom launched an IPTV […]
It was a question from an analyst that prompted a rare note of indignation from BSkyB’s normally calm and collected CEO Jeremy Darroch. Asked whether BSkyB would continue to monitor the make-up of its board of directors, Darroch said it was quite ludicrous to suggest that News Corp was not a entity to hold a […]