Telekom Austria had reached over 151,000 subscribers for its IPTV service ‘aonTV’ by the end of 2010, up more than 50 per cent from a year ago. Total revenues across all operations and markets for 2010 reached €4.65 billion, down 3.1 per cent year-on-year, while group EBITDA fell 9.1 per cent to €1.6459 billion, due […]
Kabel Deutschland Holding AG (KDH), Germany’s biggest cable operator, has sustained its dynamic growth over the first nine months of its financial year 2010/2011 (April 1st through December 31st, 2010). “We are implementing our strategy on schedule and achieving our objectives. The trend towards Premium TV services is gaining momentum, and demand for high performance […]
German DTH pay-TV operator Sky Deutschland is reportedly expected to make an even larger fourth-quarter loss than a year ago. Sky Deutschland’s numbers will be revealed on Thursday. A Reuters poll of bankers, including Morgan Stanley and Goldman Sachs, shows a forecast loss for Sky-D of €95 million ($129.9m) compared with a loss of €81.6 […]
Europe’s two giant satellite operators, SES Astra and Eutelsat, have both turned in blisteringly good results. SES’ results (for the year to December 31st) declared revenues up 7.1 per cent to €1.735 billion, and with record operating profits, up 10.8 per cent, to €797 million. Luxembourg’s SES’ President Romain Bausch said that a net 76 […]
Canal Plus Group reported a 5.8 per cent rise in full-year EBITDA as it moves closer to the planned initial public offering of Lagardere’s 20 per cent stake in its French unit, Canal Plus France. EBITDA for the full year rose to €690 million while revenue rose 3.5 per cent to €4.71 billion as more […]
Virgin Media Inc (the UK operator is listed NASDAQ) has announced strong results for 2010 the year and quarter ended December 31, 2010. Revenue growth across all areas was up 5.8 per cent to £3.876 billion (€4.60bn) with Q4 over £1 billion, up 6.6 per cent. Operating cash flow – a key measure for indebted […]
Discovery Communications said fourth quarter profits rose as the economy improved. Fourth quarter net income rose to $202 million up from $151 million a year ago. Revenues increased 7 per cent to $1.02 billion. “Discovery delivered another year of strong and consistent growth in 2010 as we leveraged our diverse slate of quality content across […]
Alcatel-Lucent reported its most profitable quarter ever due in large part to American operators upgrading their networks to handle the smartphone boom. The company, formed in a merger more than four years ago, posted net profit of €340 million for the fourth quarter of 2010, a marked improvement from the €46 million in the period […]
John T. Chambers, Cisco Systems’ chief executive, of Cisco reported sluggish growth in its fiscal second quarter and made a disappointing forecast. His statement that spending by government agencies on technology equipment remained depressed because of the economy and that it probably would get worse in the near future helped sent company shares down about […]
Revenue fell 11.3 per cent in the fourth quarter of 2010, at Arris as sales to Comcast and Time Warner Cable – its two biggest customers – dropped compared with the year-earlier period. The leading supplier of cable modem and embedded multimedia terminal adapters, posted fourth quarter 2010 revenue of $266.2 million, versus $300.0 million […]