From David Del Valle in Madrid Spain's largest cable company, ONO, ended the first quarter of the year with a net profit of E17 million, up 39.4 per cent, on a lower total turnover of E372 million, down 4.1 per cent. As of March 31, ONO had 1.904 million clients, of which 1.7 million are […]
Video search-and-ads firm blinkx nearly doubled its income last year – but cost still outpaced revenue for a significant loss. Suranga Chandratillake CEO and founder says blinkx is well-positioned in the fast-growing space – it's got 720 content providers, its video searches are up 169 per cent to 22.6 million a day and the number […]
Blip.tv, the video Web site, said that it had raised another $10.1 million in funding, its third round of venture investment since it debuted in 2005. The company said it would use the latest funding to “accelerate the growth of the independent Web shows that Blip.tv hosts and distributes.” The company also hopes to expand […]
Telefonica has reported its first quarter net profit rose 2 per cent to E1.65 billion as revenue increased in Europe and Latin America. Overall revenue rose 1.7 per cent to E13.93 billion from E13.69 billion. The Spanish telco reported a total of 2.6 million customers worldwide for its pay-TV services by the end of the […]
Online TV viewing has increased by 54 per cent since last year, with 55 per cent of 18-24-year-olds watching TV on their PCs at least once a week, according to YouGov research. YouGov's media consulting team found 36 per cent of 18-24s and 30 per cent of 25-34s said they expect to watch more TV […]
Cisco Systems, the world’s largest maker of networking equipment, has reported stronger than expected sales and profits, completing what chief executive John Chambers called “probably the strongest quarter we’ve had in our history”. Sales rose 27 per cent to $10.4 billion, while profits rose 63 per cent to $2.2 billion. This is the second consecutive […]
BT has confirmed that it will expand its roll-out of next-generation broadband to bring super-fast services to two-thirds of the UK. Originally its fibre services, offering speeds of up to 40 megabits per second (Mbps), were due to reach around 40 per cent of the population by 2012. Another £1 billion (E1.16 billion) (on top […]
Intelsat reported revenue of $621.1 million and a net loss of $102.6 million for the three months ended March 31, 2010. “First quarter 2010 performance was as anticipated in light of the previously reported events that are restraining our growth in the first half of 2010,” said Intelsat CEO, David McGlade. “Our confidence in our […]
Hungarian telco Magyar Telekom has reported it now has 677,932 customers for its pay-TV services delivered within its home market via IPTV, cable and satellite – up 34 per cent from one year previously. This makes it the second largest pay-TV operator in Hungary. The telco said that it had 78,980 IPTV customers in Hungary […]
Eutelsat Communications has reported a strong revenue growth in the third quarter and the nine months ending March 31st, 2010. Expansion HD services and increased satellite capacity helped nine-month revenues reach E776.3 million, while third quarter revenues touched E268.3 million after a 13.4 per cent rise. Commenting on the Group’s third quarter 2009-2010 revenue, Michel […]