Nigel Adams MP has been named Minister of State at the Department for Digital, Culture, Media and Sport as new Prime Minister Boris Johnson continues his ministerial appointments. The post had remained vacant since the resignation of Margot James on July 18th after voting for a proposal to block a ‘no-deal’ Brexit. Adams was Parliamentary […]
Satellite operator SES has described its Half Year 2019 Results as “solid”, with continued revenue growth in Networks, strong control over cost and discretionary spending and important progress towards reshaping SES with the objective of delivering exceptional services and driving customer success. Reported revenue was €961.4 million, down 5.1 at constant FX, with underlying revenue […]
Orange Spain will offer free football matches from La Liga, La Liga 1/2/3 (second division), the Champions League and the Europa League to all subscribers with premium packages. Those who subscribe to Experto Max, Experto, Intenso Max and Intenso (priced between €84.90 and €101.90 per month) as well as cinema and TV series will be […]
The news that Vivendi has appointed merchant bankers to oversee the sale of its Universal Music Group (UMG) subsidiary means that for Vivendi itself it is time for an upgrade, and a positive one, suggests a research note from Deutsche Bank. Vivendi’s half-year numbers were impressive: Revenues grew 13.6 per cent, with EBITA up 32.4 […]
More than a million pensioners will struggle to pay their TV licence once the concession is scrapped next year, the Age UK charity has warned. The BBC will no longer be funding the TV licence for people aged over-75 from next June. However, those claiming pension credit will still be able to claim a free […]
Japan’s media conglomerate SoftBank says it has signed a “business agreement” in order to “advance” OneWeb’s commercial services in preparation for the satellite operator’s high-speed, low latency global connectivity services. SoftBank is a major $1bn+ investor in OneWeb (along with Airbus, Intelsat, Coca Cola, Bharti and others). Details of the agreement are sketchy, other than […]
Convergent telco Masmovil Group’s H1 indicate the company continues to lead the acquisition of customers in the Spanish telecommunications market and reaching new record for both revenues and EBITDA. During this period, Masmovil continued to increase the Group’s profitability and has obtained a record EBITDA of €216 million (+40 per cent). The EBITDA margin has […]
Eutelsat will unveil its end-of-year numbers on July 31st. A report from analysts at investment bank Exane/BNPP says it expects management to reaffirm its guidance of a return to slight revenue growth. ‘Slight revenue growth’ could be seen as good news. However there’s a sting in the comment, with the bank saying “but given the […]
UK cricket fans can watch the sport, free of charge, on Sports Channel Network (SCN) as the OTT channel signs up the new European Cricket League and the Hong Kong Cricket Sixes. SCN, which is available on channel 266 on Freeview and YouView and via an online APP, is an OTT Video on Demand channel […]
According to a report by Dell’Oro Group, the trusted source for market information about the telecommunications, networks, and data centre IT industries, global PON equipment market revenue is forecast to reach $7.3 billion by 2023, driven by spending on new 10 Gbps EPON and XGS-PON deployments, and on maximising existing 2.5 Gbps GPON networks. Telecom […]