Nokia and Vecima Networks have announced plans for Vecima to acquire next-gen technology and products for cable service providers. Under the agreement, Nokia’s Gainspeed portfolio along with all supporting technology and assets will transition to Vecima Networks. The planned deal is expected to close quickly subject to customary closing conditions. Financial details are not being […]
A man has been arrested in the northwest of England as part of an investigation into illegal online streaming services. On July 30th, Greater Manchester Police (GMP) executed a warrant at a property in the Leigh area of Wigan. A 36-year-old man was arrested on suspicion of fraud and copyright under the Designs and Patents […]
Spanish telco MásMóvil has presented its H1 results in which the Company, despite the health crisis caused by Covid-19, continues to maintain its growth in adding customers from fixed and mobile broadband and its main financial parameters. During this period, MásMóvil continues to increase the Group’s profitability and has obtained an EBITDA of €277 million […]
Ateme and the main shareholders of Anevia, together holding 87 per cent of the share capital and 90 per cent of the theoretical voting rights of the Company, have entered into exclusive negotiations to transfer their interest in the share capital of the Company to the benefit of Ateme. The transaction has received the unanimous […]
Red Eléctrica Corporación bought Madrid-based satellite operator Hispasat from infrastructure company Abertis in February 2019. The price for the acquisition of 89.68 per cent of Hispasat’s share capital amounted to €933 million. On October 3th 2019 payment was made for the transaction and the Red Eléctrica Group took control of Hispasat. Hispasat latest numbers show […]
WWE has reported Q2 revenues of $223.4 million (€189.6m) as compared to $268.9 million in the prior year quarter reflecting the timing of the company’s PPV event in Saudi Arabia; Revenues reached a record $514.4 million year-to-date, representing 14 per cent growth from the prior year period. WWE Network, the company’s SVoD platform sae average […]
In reporting its Q2 numbers, Comcast revealed that Sky retained 99 per cent of its total customers since the Coronavirus pandemic began, and it also retained 95 per cent of Sky Sports subscribers. Despite the strong customer retention, revenue fell 15.5 per cent to $4.08 billion in Comcast’s Sky division in Europe, which encompasses a […]
Media conglomerate Comcast has reported Q2 revenue declined 11.7 per cent year-over-year to $23.7 billion (€18.2bn) as it weathered the Covid-19 pandemic. Adjusted net income dropped 12.2 per cent to $3.17 billion. Brian L. Roberts, Chairman and CEO of Comcast, commented: “Our response to Covid-19 has been extraordinarily fast and effective, and our products and […]
Qatar broadcaster beIN MEDIA has stepped up its attack on what it considers Saudi-led piracy of its copyrighted content, in particular alluding to the potential takeover of English Premier League football club Newcastle United. In a series of tweets, beIN notes that “having spent the past six weeks telling the world how the WTO ruling […]
The free fall in Spain’s TV ad revenues has had a big impact on Atresmedia’s results with a decline of 67.4 per cent in profits to €22.7 million in the first half of the year. Net revenues amounted to €375 million to June 30th, 30.6 per cent down, with an EBITDA of €42.8 million, down […]