US telco AT&T has reported Q4 earnings of $19.9 billion, up from $12.1 billion one year ago. It added 246,000 U-Verse subscribers, 90 per cent of them adding U-Verse TV service, bringing their U-Verse total to 3 million subscribers. Reporting a net gain of 210,000 broadband customers indicates that AT&T’s slow erosion of DSL customers […]
BSkyB has reported a 26 per cent jump in half-year pre-tax profit as it surpasses 10 million subscribers. Pre-tax profits at the broadcaster rose to £467 million (€541m) in the last six months of 2010, with revenues up 15 per cent to £3.2 billion. BSkyB said demand for HD television services – up by 68 […]
Netflix announced that in the last hours of 2010 it passed 20 million subs with Net Subscriber Additions of 3.08 million for Q4. Revenue for the quarter was $596 million with operating income of $78 million and Net Income of $47 million The company said “More subscriber growth enables us to spend more on streaming […]
Time Warner Cable has posted a 22 per cent rise in quarterly profit as the company added more Internet customers. The No. 2 US cable television operator’s profit growth and increasing return of cash to shareholders was offset with its continuing loss of TV customers during the quarter. Fourth-quarter net profit rose to $392 million […]
Digital set-top box maker Humax has posted W1 trillion in sales ($1=W1,116). Humax CEO Byun Dae-gyu said that the company achieved sales of W285 billion in the fourth quarter last year, leading to annual revenues of W1.005 trillion. “The sales feat was mainly thanks to our bold approach to overseas markets since our establishment,” Byun […]
The Netherland’s KPN revealed it had 1.197 million TV customers for its IPTV and DTT services at the end of 2010, up 22 per cent year-on-year. The numbers were unveiled with financial results posting fourth quarter revenues of €3.371 billion, up 0.5 per cent, and EBITDA of €1.359 billion, up 4 per cent. Revenue for […]
BSkyB releases its latest set of results on January 27th and analysts are forecasting further growth of some 150,000 net new customers. Numis Securities’ Paul Richards expects the pay-TV broadcaster to have moved well beyond the 10m subscriber mark achieved last November, and with HDTV now performing strongly for the company Numis expects pre-tax profits […]
French IPTV STB manufacturer Netgem has reported consolidated sales down 9 percent to €27.7 million in the fourth quarter of 2010, with French revenues down 21 per cent to €21.4 million and international sales up 1.8 times to €6.3 million. Over the full year, Netgem’s revenues grew by 3 per cent to €134.9 million, including […]
RGB Networks, the leader in high-capacity three screen video delivery solutions, today announced its outstanding company and financial achievements for 2010, which position the company for continued success in 2011. RGB achieved record growth in 2010 with a 60 percent increase in shipments over 2009 and was profitable in the year. The company ended 2010 […]
Staffan Pehrson, Ericsson’s VP and head of their Solution Area TV division, described this past year as generating “extraordinary levels of business” for the company, perhaps still best remembered as Tandberg Television. Pehrson said the company’s order book is full after a “tremendous” 2010, with growth exceeding forecasts and expectations. While not revealing any hard […]