Virgin Media beat analysts’ forecasts for the third quarter, adding 8,100 net new cable TV households and boosting revenues by 1.3 per cent to £953 million (E1.06bn). The cable operator reported a year-on-year increase in operating cash flow of 6.8 per cent to £348 million for the quarter. Virgin Media added 37,000 customers to its […]
EQT V, a European private equity fund, has agreed to acquire Bulgaria's two leading cable TV operators, Eurocom and CableTel. EQT V intends to merge the two entities, invest into the new company together with CableTel's current shareholder, Ron Finley, and create a major player in the Bulgarian digital TV and broadband markets. EQT V […]
In a trading update ADB Group says: "The margins and profitability ratios continue to be in line with expectations. The top line growth remains lower compared to previous years, as indicated in the full-year guidance. The Group also enjoys a strong financial position maintained throughout the quarter. The demand from cable and satellite segment remains […]
Jonathan Sykes has left his role as managing director of Tiscali TV, the IPTV service acquired by The Carphone Warehouse. Sykes held the role of managing director, content strategy at HomeChoice, the IPTV service that is the basis of Tiscali TV.
More than 70 per cent of New Zealand youth would stop accessing illegal versions of copyrighted material if they received a notice from their ISP, a survey has found. Research firm Synovate found that a notice from their ISP would be enough to stop 71 per cent of young people further accessing illegal copies of […]
The Advanced Television Systems Committee (ATSC) has confirmed the approval of A/153 ATSC Mobile DTV Standard. The ATSC Mobile DTV Standard defines the technical specifications necessary for broadcasters to provide new services to mobile and handheld devices using their digital television (DTV) transmissions. “Development and adoption of the ATSC Mobile DTV Standard is a major […]
NBCU had a lopsided Q3, as earnings grew 13 percent to $732 million even as revenues dropped 20 percent to $4 billion from $5 billion. NBCU's troubles are attributed to its declining broadcast business, which offsets gains on the cable side. There is much speculation parent GE is about to do a deal to buy […]
From David Del Valle in Madrid A Spanish cabinet meeting has approved a new overall TV law (Ley General del Audiovisual) paving the way for the creation of an Audiovisual Council, the exploitation and development of pay DTT, Mobile TV and HDTV and allowing TV cross-ownerships, among other things. With the new legislation, TV operators […]
Sigma Designs and CopperGate Communications have entered into a definitive agreement for Sigma to acquire CopperGate in a cash and stock transaction with an agreed value of $160 million, net of CopperGate’s cash at the closing of the transaction. CopperGate is a provider of silicon-based modem solutions enabling distribution of broadband digital content over all […]
Cisco is buying Starent Networks a supplier of IP-based mobile infrastructure solutions targeting mobile and converged carriers. Cisco will pay $35 per share for an aggregate purchase price of approximately $2.9 billion. The acquisition has been approved by the boards of directors of both companies.