Miniweb, the Interactive Service Provider has confirmed a significant funding round, securing access to $32 million of venture capital investment. The funding is lead by

The number of media companies present in the FTSE 100 will be at its lowest level for more than 10 years, according to research from A review of all the companies identified that once ITV is relegated this week, only five per cent of the FTSE 100 will be media companies. This is a significant […]

Liberty Media Corporation announced that it has authorised its management to proceed with development of a plan to distribute to the holders of Liberty Entertainment The transaction would be effected as the redemption of all outstanding shares of Liberty Entertainment tracking stock in exchange for shares of the subsidiary. The subsidiary, which would become a […]

GTV is currently available in Botswana, Cameroon, DRC, Ethiopia, Gabon, Gambia, Ghana, Kenya, Lesotho, Liberia, Malawi, Mauritius, Mozambique, Namibia, Rwanda, Sierra Leone, Swaziland, Tanzania, Uganda, Zambia and Zimbabwe, and is commencing a phased rollout across sub-Saharan Africa. At the same time, Gateway is selling its telecommunications business to the African mobile operator Vodacom.

Total revenues and other operating income came in at CHF 424.2 million (E262m), which is slightly up compared to the first half 2007. Kudelski reported an operating loss of CHF 18.5 million and a net loss of CHF 39.8 million. The Group forecasts to deliver a profitable second half, while the bulk of the economic […]

Revenue climbed 4% to $65.2 million, though that disappointed some analysts expecting a bigger gain. Significantly-lower marketing costs compared to a year ago helped boost profits. The company had 1.7 million TiVo-owned subscriptions at the end of the quarter, which declined slightly. But TiVo is looking for a boost from deals with multichannel platforms. TiVo's […]

News Corp is effectively selling around half its stake in the business to Permira as part of a complex deal. News Corp currently owns 72 per cent of NDS’s equity, controlling 96 per cent of the voting rights. Under the terms of the deal, which values NDS’s equity at $63 a share, News Corp will […]

Intelsat CEO Dave McGlade commented, “Intelsat’s second quarter results featured record revenues and continued strong operating performance. Our diverse customer base and global scale give us an outstanding competitive position. We continue to benefit from the communications infrastructure needs of global businesses, growing economies, mobile application providers and service providers entering newly deregulated markets. Our […]

Netcom also plans to replace copper cables with fibre optic cables in certain parts of its service regions, in a three to five year project expected to cost up to RMB 15 bn

At the end of June, Foxtel had 1.5 million direct and wholesale subscribers, and more than 30 per cent of homes in Foxtel areas now subscribe to the service, the company said. Foxtel's HD+ service, launched in June, now has nearly 40,000 subscribers.