MultiChoice Group has reported that it “demonstrated resilient operational performance” for the year ended March 2024, delivering a 26 per cent trading profit margin in South Africa, while increasing trading profit in the Rest of Africa by 48 per cent, despite a challenging macro-economic conditions. Clear strategic milestones were reached, with the group successfully launching […]

Tech giant Nvidia has released its earnings report for the first quarter FY26, with the results exceeding analyst expectations. After what has been a tumultuous quarter for the artificial intelligence (AI) chip manufacturer, given the political tensions between the US and China, revenue came in at just over $44 billion (€39bn) – a 69 per […]

BT has reported full year revenues (to March 31st) of £20.4 billion (€24.2bn), down 2 per cent, mainly attributed to continued challenging trading conditions in Global and non-UK Portfolio channels and weaker handset trading in Consumer, offsetting the benefit of FTTP growth in Openreach and price increases. Adjusted UK service revenue was at £15.6 billion, […]

Cairo-based satellite operator Nilesat suffered a downturn in its revenues for the first quarter of the year (to March 31st) although net income rose. For the first quarter, Nilesat reported sales was $24.07 million (€21.3m) compared to $25.45 million a year ago. Net income was $14.75 million compared to $6.38 million a year ago. The […]

Channel 4 has published its Annual Report for 2024, demonstrating “digital growth, creative impact and financial resilience” as the channel delivers its Fast Forward strategy. 2024 marked the final full year under CEO Alex Mahon, who has led the broadcaster through a major transformation to become the UK’s first public service streamer. Mahon, CEO, commented: […]

Scottish commercial PSB STV Group is holding a Capital Markets Event for analysts and investors at which the leadership team will present STV FastFwd to 2030, a refresh of the business strategy, and set out new long-term growth targets. Through execution of this strategy, STV’s vision for 2030 is to be a globally recognised content […]

Swiss telco Sunrise said reported Q1 2025 revenues decreased by 3.3 per cent year-on-year to CHF 722 million (€768.7m)’ largely attributed to lower device sales and a wind down of promotional TV bundles. Sunrise recorded continued net customer growth in Q1 2025, with +12,000 mobile postpaid RGUs (revenue generating units) and +5,000 broadband Internet RGUs. […]

Paris-based satellite operator Eutelsat has unveiled its Q3 results, which were much as expected. CFO Christophe Caudrelier – handling the presentation given Eva Berneke’s departure and the new CEO not due to start until June 1st – told analysts that Eutelsat needed a large injection of equity to enable much-needed loans to kick in. The […]

Abu Dhabi-based Space42 has reported a 13 per cent decline in revenue and a 40 per cent decline in adjusted EBITDA for the three months ending March 31st 2025. However, the company says it expects revenues to improve as the year progresses. One of the key reasons for the financial decline is a delay in […]

ITV, the UK commercial broadcaster, has reported that full Q1 revenues dipped slightly in Q1 2025, with gains at ITV Studios (ITVS) arm and losses in its Media & Entertainment (M&E) business. Streaming platform ITVX continues to boost the company’s digital revenues, and also saw a significant increase in total streaming hours during the quarter. […]