Orange, the French multinational telco, has reported that Q1 2026 revenues increased 3.5 per cent to €10.09 billion, driven by double-digit growth in Africa & Middle East (+12.7 per cent), and robust performances in France (+2.3 per cent) and Europe (+2.2 per cent) The company reported a sustained retail performance (+2.9 per cent) in France, […]

UK-based social media specialist site, LBG Media, enjoyed strong revenue momentum in its H1 2026 trading update, up 19 per cent to £52.4 million for the period to March 31st 2026. The company stated: “Excellent growth in our Direct revenue streams: we continue to expand existing customer relationships in both the US and the UK. […]

Reed Hasting, the co-founder of streaming giant Netflix, has announced that he is stepping down as chairman of the company after nearly three decades. He helmed Netflix’s evolution from a postal subscription service to global streaming leader, but moved away from the chief executive role at the company in 2023. “Netflix changed my life in […]

Italy-based broadcasting group MFE-MediaForEurope reported consolidated revenues for 2025 of €4.03 billion, a 37 per cent increase. Group net advertising revenues reached €3.24 billion, while other revenues increased to €793 million. Consolidated net profit more than doubled to €301 million (+118 per cent), making it one of the strongest performances in recent years. Free cash […]

Ericsson has reported Q1 2026 sales of SEK 49.3 billion (€4.5bn). The tech giant saw a 79 per cent year-on-year plummet in net income to SEK 887 million for the quarter ending March 31st, hit by restructuring charges tied to headcount reductions in Sweden, which rose to SEK 3.8 billion from SEK 281 million a […]

Technetix, a provider of broadband infrastructure for network operators, has reported what it describes as “strong financial results” for the year ended December 31st 2025, with revenue at $112.4 million (€95.2m) – a 54 per cent year‑on‑year increase. The growth was driven primarily by significantly higher sales volumes in the Americas, where revenue in this […]

OneWeb Holdings UK is the London-based division of Eutelsat, and while OneWeb’s overall financials are consolidated into Eutelsat’s quarterly results, it also has to file its own numbers under UK rules. The report is quite revealing. For example, OneWeb Holdings reduced its staff costs by 33 per cent to $82.8 million (€70.8m). Revenues grew 44.5 […]

Virgin Galactic, Sir Richard Branson’s space tourism venture, says its redesigned spacecraft will begin test flights later this year during Q4. It is also offering seats on its upcoming flights at $750,000 per passenger. March 30th saw Virgin Galactic’s Q4 and full year results declared. In summary, its Q4 numbers are: · Cash position remains […]

ProSiebenSat.1 Media is divesting the comparison platforms billiger-mietwagen.de and CamperDays. Billiger-mietwagen.de, which operates under the umbrella of FLOYT Mobility, is being traded to a group led by the investment firm Pivotum Capital, while CamperDays is being transferred to a group of private investors. ProSiebenSat.1 also recently sold the marketing firms esome and Kairion to Pivotum […]