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Sogecable: Prisa takes control

From David del Valle in Madrid The Spanish media group Prisa, owner of the newspaper El País, is taking full control of the TV company Sogecable, owner of Digital Plus, Canal Plus and Cuatro, by acquiring the remainder 2.29 per ceny shares to reach 100 per cent for E75.5 million. The move paves the way […]

May 26, 2008

Unity up on triple plays

German cableco Unitymedia posted EBITDA in the first quarter of 2008 of E94.3 million up from E81.6 million in 2007. The company said it had enjoyed its strongest quarter for digital pay-TV take-up for two years with 29,000 new subscribers, giving it a total of 485,000. During the quarter there were 65,000 net additions to […]

May 23, 2008

ONO E8m profit in the first quarter

From David Del Valle in Madrid Spain’s largest cable company ONO reported a profit of E8 million for the quarter against a E13 million loss for the same period last year. EBITDA amounted to E164 million, up 10.6 per cent, with total revenues reaching E400 million, 75 per cent of them from the residential business. […]

May 23, 2008

Unity up on triple plays

German cableco Unitymedia posted EBITDA in the first quarter of 2008 of E94.3 million up from E81.6 million in 2007. The company said it had enjoyed its strongest quarter for digital pay-TV take-up for two years with 29,000 new subscribers, giving it a total of 485,000. During the quarter there were 65,000 net additions to […]

May 23, 2008

Time Warner $9bn cable spin-off

Time Warner will receive a higher than expected $9.25 billion dividend from the spin-off of Time Warner Cable and has confirmed plans for a “complete legal and structural separation” of the two companies. Jeff Bewkes' biggest strategic step since becoming Time Warner chief executive in January would help each company's management focus on realising the […]

May 22, 2008

Time Warner $9bn cable spin-off

Time Warner will receive a higher than expected $9.25 billion dividend from the spin-off of Time Warner Cable and has confirmed plans for a “complete legal and structural separation” of the two companies. Jeff Bewkes' biggest strategic step since becoming Time Warner chief executive in January would help each company's management focus on realising the […]

May 22, 2008

Time Warner $9bn cable spin-off

Time Warner will receive a higher than expected $9.25 billion dividend from the spin-off of Time Warner Cable and has confirmed plans for a “complete legal and structural separation” of the two companies. Jeff Bewkes' biggest strategic step since becoming Time Warner chief executive in January would help each company's management focus on realising the […]

May 22, 2008

ONO E8m profit in the first quarter

From David Del Valle in Madrid Spain’s largest cable company ONO reported a profit of E8 million for the quarter against a E13 million loss for the same period last year. EBITDA amounted to E164 million, up 10.6 per cent, with total revenues reaching E400 million, 75 per cent of them from the residential business. […]

May 19, 2008

Belgacom Q1 disappoints

Belgium’s dominant telecom operator Belgacom has reported a worse than expected 3 per cent drop in first-quarter sales, but reiterated its financial targets for the whole of 2008. Belgacom’s first-quarter sales fell to E1.469 billion from E1.515 billion euros a year earlier. Belgacom said that price cuts imposed by European and local regulators were the […]

May 19, 2008

China Digital TV Q1 up 84%

Chinese conditional access (CA) systems provider China Digital TV Holding has announced its unaudited financial results for Q1 2008, with net revenues reaching $17.4 million, up 65.7 per cent year-on-year but down. Net income for the quarter came to $11.4 million, up 84.1 per cent year on year but down 11.5per cent quarter on quarter. […]

May 19, 2008