Ono added 41,000 new net clients on to its TV service during Q2, with 31,000 for broadband and 14,500 for the telephony area. As of June 30th the operator had 1,052,000 television subscribers, 16.4 per cent more than a year ago. Ono’s triple play offering the operator also took a step forward with 619,000 clients, […]
Net income totalled $336 million for the quarter, compared with $224 million during the corresponding period in 2007. Basic earnings per share were $0.75 for the quarter, compared with basic earnings per share of $0.50 during the corresponding period in 2007. The service lost approximately 25,000 net subscribers, ending the quarter with approximately 13.79 million […]
Telefónica estimates its Imagenio IPTV added 22,513 new subscribers, down on the 32,307 recorded in the same period in 2007, and 65,471 in the first six months of 2008. This brings the subscriber base to 575,558, a year-on-year increase of 27.9%
Didier Lombard, France Telecom's chief executive, said the company continued to eye acquisitions in emerging markets but they would be small. The company benefited from the roll-out of new “triple-play” high-speed internet, digital television and internet telephone services. It also saw improvements in its Spanish and UK mobile operations, as customers with contracts replace those […]
James Nolan, chief executive, said he planned to meet with shareholders to close the gap between Cablevision's intrinsic value and current market value. The Dolan family is the controlling shareholder of Cablevision and has tried to take the company private several times in recent years. Cablevision earned $98.3 million compared with $317.4 million in the […]
ESPN carriage fees and ad gains were the company's single largest profit driver, but they were accompanied by higher ESPN program and overhead costs. “ESPN led the way, once again,” Disney chief financial officer Tom Staggs told an investors’ telephone conference. Income from continuing operations advanced 7 per cent to $1.28 billion. Revenue advanced 2 […]
Revenue rose 3 per cent to £5.18 billion, from £5.03 billion with growth driven by major corporate customers. Ian Livingston, chief executive of BT attempted to reassure the market, saying that the company’s full year guidance remains unchanged.
Comcast added 320,000 digital-cable subscribers that now account for 67 per cent of its total, meaning 16.3 million video subscribers take its digital service. Seven million, or 43 per cent of its base, have advanced services, such as digital-video recorders. Looking forward, Comcast reaffirmed its guidance that 2008 will end with consolidated revenue and operating […]
Sirius plans to issue about 262 million shares, with about 184 million offered at a fixed price of $1.50 per share, compared with Monday’s closing price of $1.88 a share. The remaining 78 million are expected to be offered later. The company is paying $2.76 billion for XM. Sirius also said XM had earlier made […]
“Advertisers in a few categories, such as retail, automotive, and certain consumer goods, pulled back their on-air spending as they adjusted their own operating plans and product launches,” Viacom Chief Executive Philippe Dauman said. “Low ratings at a few of our networks also contributed,” he said, citing BET. The company did not issue a third […]