The Covid-19 crisis has highlighted the key role that fibre networks will play in European economic recovery, according to participants at a virtual event – Delivering the Full-Fibre Gigabit Society: Challenges and Opportunities – organised by Forum Europe. With about 90 per cent of all Internet traffic in Europe carried over fixed broadband (FBB), full […]
Virgin Media won’t reopen its 53 UK retail stores when lockdown ends. The company say the 341 staff will be offered alternative posts – many as home-based customer care. Virgin Media had already cut down the number of stores it operates in the UK from 140 in 2016. In March, Virgin Media moved to employ […]
HBO Max launched in the US on May 27th with anime and manga streamer Crunchyroll as part of its extensive line-up. Subscribers can watch 17 top anime series including Fullmetal Alchemist: Brotherhood, Re:ZERO -Starting Life in Another World-, Keep Your Hands off Eizouken! and Bungo Stray Dogs to name a few on the platform from […]
Intelsat says it is committed to an accelerated process to clear C-band frequencies over the US in accordance with the FCC’s plan to speed the adoption for 5G. The FCC’s deadline for the accelerated scheme is May 29th. “As the foundational architects of satellite technology and leading experts of integrated communications technologies, Intelsat is committed […]
Nordic Entertainment Group (NENT Group), the Nordic streaming company, has announced changes to the leadership of its NENT Studios businesses. Alexander Bastin has been appointed as SVP and CEO of NENT Studios from 1 September, while Morten Mogensen has been appointed from the same date as SVP and Head of the NENT Studios businesses that […]
A report to clients from investment bank Berenberg says that Eutelsat’s cash-flow stability remains undervalued and underappreciated. It has issued a “BUY” note to investors and gives a target price of €13,30 (Eutelsat’s current share price is about €9.25). Berenberg says Eutelsat’s core broadcast business – representing over 60 per cent of revenues – remained […]
India’s Jio Platforms has raised an additional $1.5 billion. The funding comes from private equity firm KKR which is the fifth company to invest in the Indian telco and technology business in as many weeks. The new investment gives KKR’s Asian division a 2.32 per cent stake in the business, and takes the overall cash […]
Media and entertainment technologist Technicolor has announced that the prolonged uncertainty in global market conditions, as well as the impact of the Covid 19 crisis on its business in the short term, have limited the ability of the Company to launch the previously-announced €300 million Rights Issue. It has therefore engaged in discussions with some […]
With the UK Prime Minister Boris Johnson announcing more changes to Covid-19 restrictions, and further updates on everything from shops opening to travel, the BBC has released a new online tool to help people find answers to many of their questions. The aim is to trial new technology to help people get the most specific […]
Just as four broadcasters launch NEXTGEN TV service in the Las Vegas market, broadcast standards body the Advanced Television Systems Committee (ATSC) is showcasing more than 80 NEXTGEN TV product and technology highlights in a new ‘Spring 2020 Progress Report’ on its newly-launched Spotlight ATSC 3.0 web page. “Today marks another milestone in the advance […]