Thailand’s satellite operator Thaicom, formerly known as Shin Satellite, has moved from loss into profit helped by revenues from its iPSTAR-1 and Thaicom 5 satellites. Thaicom on May 14th said it had posted a net profit in Q1 (to March 31st) of Thai Bhat 42 million helped by a gain on foreign exchange of THB […]
Cable operator Liberty Global reconfirmed its full year guidance targets as fourth quarter consolidated revenues went up 12 per cent year-on-year to $2.54 billion, driven mainly by the addition of KBW and Aster and organic revenue increase. Excluding the acquisition of KBW and Aster, revenue lifted 5.5 per cent to $2.54 billion. Liberty Global said […]
Sony shares have slumped to a 31-year low, a day after the company reported a record annual loss of 456.7 billion yen ($5.7bn). Sony shares fell as much as 6.7 per cent to 1,132 yen on the Tokyo Stock Exchange. Sony, which has been making a loss for each of the past four years, has […]
Spain’s Telefonica said first-quarter net profit halved after the value of its stake in Telecom Italia plunged following a capital increase and it cut prices in its recession-hit home country. Net profit at the euro zone’s largest telecoms company fell 54 per cent to €748 million. The bottom line was hit after Telefonica wrote down […]
Luxembourg-based SES reported that it was continuing on its growth track in reporting its first quarter-year results early on May 11. Its y-o-y revenues grew 5.1 per cent (to €450 million), generating EBITDA of €337.3 million (up 4.9 per cent) and a margin of 74.9 per cent. Its contract backlog rose some €260 million from […]
Eutelsat’s quarterly and 9-month financials show that its revenue growth remains firmly upward, although there are signs that its important ‘multi-usage’ segment is slowing in growth terms. Overall revenues are up 4.6 per cent for the quarter-year (to March 31st) and a matching 4.6 per cent for the 9 months to the same date. Video-based […]
Despite the furore surrounding whether BSkyB is a ‘fit and proper’ holder of a broadcasting licence following the phone hacking scandal, News Corp COO Chase Carey has scotched suggestions that the company is considering selling its 39 per cent in the broadcaster. “We have no expectation to sell the Sky stake at this time,” Carey […]
Sky Italia has reported third quarter operating income of $40 million, an improvement of $23 million versus the $17 million reported a year ago. Local currency revenues increased 4 per cent, primarily related to increased advertising and subscription revenues. Sky Italia’s quarter-end subscriber base declined to 4.94 million due to the net reduction of approximately […]
Spain’s largest cable company ONO ended the first quarter with a net benefit of €15 million, up 66.2 per cent, over total revenues of €383 million, up 5 per cent with EBITDA growing by 4 per cent to €186 million. ONO’s TiVo service is increasingly growing with now 16,000 clients. Today, 60 per cent of […]
The UK telco has gained from continued strong demand for its fibre broadband service ‘BT Infinity’ and its hybrid DTT/IP television service ‘BT Vision’ – which added 28,000 subscribers in the quarter to reach over 700,000, up 23 per cent on an annual basis. BT added 136,000 retail broadband connections in the quarter, representing nearly […]