Deutsche Telekom’s turnover dipped 8 per cent to €14.5 billion in Q1 with profit down 19 per cent to €1.6 billion. However its Entertain IPTV service grew to 1.257 million subs, up from 896,000 a year ago. In Hungary, Magyar Telekom topped 750,000 subs on IPTV and DTH during March, resulting in a 13.5 per […]
Sky Deutschland is Germany’s best-performing media stock this year, up 68 per cent, and helped by the consensus view that by about this time next year the company will have achieved its all-important target of 3 million subs and thus move into cashflow positive territory. HDTV has proven to be the cornerstone of Sky-D’s success, […]
Chase Carey, News Corp’s COO, told analysts on its Q3 results conference call that BSkyB’s current price was “unrealistic” and “clearly troubling” and was simply too high for News Corp to consider. “There seems to be an unrealistically rosy view of the challenges Sky must now navigate going forward,” he said, listing pressures from rival […]
DirecTV, the largest US DTH provider, has reported first-quarter profit that saw net income climb 21 per cent to $674 million, up from $558 million a year. DirecTV added a record net 427,000 subscribers in Latin America, compared with 221,000 a year earlier. Across all markets, it added 611,000 customers. DirecTV has exceeded analyst estimates […]
Reporting its first quarter, Liberty Global says it added 251,000 organic RGUs across its networks. Turnover for the period grew 4 per cent to $2.43 billion, operating profit climbed 90 per cent to $578 million and free cash flow amounted to $265 million. President & CEO Mike Fries said the excellent additions were led by […]
News Corporation has reported a 21 per cent fall in Q1 profits suffering in comparison with the quarter last year when 3D movie Avatar was making so much money. Net profit was $682 million in the first three months of 2011. News Corp boss Rupert Murdoch said the company had struggled to match Avatar’s takings […]
Comcast lost 39,000 cable television subscribers in the first quarter as its video subscriber count slipped to 22.76 million, similar to that of Netflix which recently achieved 22.8 million US customers. The three per cent dip in overall video subscribers was less than analysts expected and marked the company’s narrowest loss in years. It came […]
Time Warner announced lower first quarter profits despite higher revenues from its TV business because of lower earnings at is movie unit. Net income was $653 million down 10 per cent from $725 million a year ago. Revenues rose 6 per cent to $6.7 billion. Advertising revenues were up 20 per cent, driven by a […]
Almost all of Telenor’s broadcasting divisions came under pressure during Q1. Its numbers saw pay-TV outfit Canal Digital make modest progress from last year’s (Norwegian Kroner) NOK 1.045 billion to NOK 1.05 billion, and improved EBITDA from NOK 98 million (same period last year) to NOK 106m, which translated into an operating profit of NOK […]
France Telecom Orange’s first quarter revenues dipped slightly from a year earlier and intensifying competition in its home market also eroded its operating margins. But its European pay TV subscribers grew significantly in the 12 months to March 2011, adding 967,000 customers to reach a total of 4.4 million. In France, the telco reported 3.711 […]