Entertainment content market MIPCOM 2020, initially scheduled for October 12th-15th, will now take place as MIPCOM Rendezvous Cannes, a streamlined, three-day gathering of the international television community in Cannes (October 12th-14th), together with MIPCOM Online+, a premium digital service (October 5th-mid-November). MIPJunior, traditionally held as a hotel-based programme screening and networking event, will move into […]
Nokia, thhe Finnish vendor, has improved cash generation and said these were “clear indications of a return to strength in mobile radio”. The firm also increased earnings-per-share year on year, despite the pandemic, seeing its profits rise 22 per cent to €316 million in Q2 despite quarterly revenues falling by 11 per cent or €5.1 […]
United Group, a telco and media operator in Southeast Europe, majority owned by BC Partners, has announced the completion of its acquisition of Vivacom. This follows the approval of the deal by the European Commission in April 2020 and the signing of the agreement in November 2019, when United Group won the tender to acquire […]
Apple has announced financial results for its fiscal 2020 third quarter ended June 27th. The Company posted quarterly revenue of $59.7 billion (€50.3bn), an increase of 11 per cent from the year-ago quarter, and quarterly earnings per diluted share of $2.58, up 18 per cent. International sales accounted for 60 per cent of the quarter’s […]
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 […]