TeliaSonera had 867,000 TV subscribers, including 477,000 IPTV subscribers, at the end of last year. The IPTV base grew by 99,000 in the course of the year, while its overall TV subscriber base grew by 98,000. The company saw IPTV growth of 27,000 in the fourth quarter, including 4,000 in Sweden. Telia's Swedish IPTV base […]

Eutelsat has raised its revenue target for the full year after the world’s third-biggest satellite operator posted a 52.8 per cent increase in net profit over the first half of 2008-2009. Eutelsat said it now targeted sales of E910 million in full-year 2008-2009, up from a target of more than E900 million last confirmed on […]

News Corp-owned Italian pay-TV operator Sky Italia added 322,000 net subscribers in 2008 for a total subscriber base of 4.7 million. It reported second quarter operating income of US$10m down $52m year-on-year. New Corp said marketing cost of subscriber acquisition and increased sports programming costs hit net income. News Corp's operating income for the second […]

Time Warner has reported a $16 billion operating loss for 2008, blaming it mainly on a $24.2 billion writedown of the value of assets. A year earlier, the owner of internet firm AOL, Warner Bros movie studios and CNN made an operating profit of $8.9 billion. Fourth-quarter operating loss amounted to $22.2 billion, down from […]

News Corp's DTH pay-TV and TV networks boosted an otherwise lacklustre set of results that saw $953m operating income for the first quarter against $1.05bn a year ago. SKY Italia generated operating income of $165 million, an improvement of $117 million versus a year ago with net subscriber additions of 359,000 over the past 12 […]

Atlas Venture, the VC house that's backed ShozU, Songbird, Moo and Dailymotion, is starting a new $283 million venture fund. But the firm is also restructuring, with Boston-based partner Ahmet Ozalp and London-based Martin Gibson leaving the company.

AT&T have reported a fall in quarterly profit. While the top US telco added a net 2.1 million subscribers during the quarter, higher than the average analyst forecast for 1.9 million subscribers, investors remained concerned about a weakening wireline business. It reported a net addition of 264,000 subscribers to its U-verse video service in the […]

Thomson group has warned it is likely to breach certain debt covenants and needed to bolster its balance sheet, notably by selling more non-core activities. The loss-making company said it would sell businesses which contributed around E1 billion to 2008 sales, including Grass Valley and PRN, for which it has already received expressions of interest, […]

The theory that home-entertainment wins out in a recession is proved again with the latest results from BSkyB. Europe's biggest pay-TV operation announced net customer growth of 171,000 for the second quarter (to December 31, 2008), up from 167,000 for the like period a year earlier. Total base is now 9.24m. Like for like operating […]

Verizon, the US' second largest telco, said its earnings increased 15 percent in the fourth quarter, as the shrinking economy did little to dampen appetites for wireless, Internet and TV service. The company said it earned $1.24 billion, up from $1.07 billion a year earlier. Revenue rose 3.4 percent to $24.6 billion from a year […]