Aim-listed Phorm, the internet advertising group that announced a tie up with BT this week, made an pre-tax loss of £13.7m (E17.2m) for the first half of 2008, an increase of 52 per cent from the loss of £9.1m in the same period in 2007. However, in spite of the losses, Phorm still has a […]
The Cloud, the UK-based European wireless broadband provider, has secured its future with a E15m investment via a third round of venture funding. Ferd Ventures, the Norwegian investor, became the latest backer of the privately owned group, joining 3i, Accel and Provider Venture Partners, the Swedish fund.While turnover at The Cloud rose from £6.7m (E8.4m) […]
Aim-listed Phorm, the internet advertising group that announced a tie up with BT this week, made an pre-tax loss of £13.7m (E17.2m) for the first half of 2008, an increase of 52 per cent from the loss of £9.1m in the same period in 2007. However, in spite of the losses, Phorm still has a […]
Ofcom has said that BSkyB has "market power" over live Premier League football and Hollywood films and has launched a consultation that could force it to make the content available to all other pay TV operators at more competitive prices.Publishing the findings of its review of the UK pay-TV market, Ofcom said that BSkyB has […]
In more bad news for BSkyB, the company may have to sell even more of its stake in ITV than it was expecting after the Competition Appeal said an original antitrust ruling may not have been tough enough.With ITV's share price at record lows this would crystallize yet more losses on the deal for BSkyB. […]
Leading European telecoms companies should give rivals access to their superfast broadband networks, the European Commission has said. But in a draft recommendation for national telecoms regulators, the Commission also highlighted the importance of ensuring that Europe's former fixed-line phone monopolies are able to secure appropriate returns on their high-speed broadband investments.Viviane Reding, European telecoms […]
Comcast has provided U.S. regulators details of how it plans to change the way it manages Web traffic over its high speed Internet network without blocking any applications or content.Comcast said that under the plan designed to give all users their “fair share” of bandwidth it would focus on managing the traffic of customers who […]
Tiscali UK is the latest to see "significant issues and competition concerns" in Project Kangaroo. UK CEO Mary Turner told the Competition Commission's Like other correspondents, Tiscali said TV producers could be forced to grant Kangaroo exclusive VOD rights to their shows or to accept low prices, because the Kangaroo JV partners hold all the […]
Kohlberg Kravis Roberts and Permira, the private equity owners of ProSiebenSat.1 Media, have acquired chunks of debt in the struggling German television broadcaster. The debt purchases The debt purchases – about E100m by KKR's credit arm and Permira's debt subsidiary – are the latest examples of how, as the credit crunch has made it harder […]
Morgan Stanley has won the contract to market the prime broadcast spectrum that will become available for sale once all television stations switch from analogue The auction, which could raise up to £5bn (E6.3bn) for the Treasury, will make available up to eight packages of wavelength in a "sweet spot" on the spectrum. About 128Mhz […]