The ‘big three’ satellite operators, Intelsat, SES and Eutelsat have all suffered massive falls in their share prices. Intelsat’s tumbled 19.36 per cent in late-afternoon trading on October 26th (by $1.15 to $4.79) and at one point the share price hit $4.44 (€3.82). Eutelsat’s fall from grace was even more dramatic, crashing 14 per cent […]
Satellite operator SES suffered a 5.4 per cent drop in video revenues during its Q3 period (to September 30th), partly because of the failure of AMC-9 but also because of unexpected non-renewals at its recently purchased MX1 division (the former RR Media) which cost it around €7 million. Total TV channels grew 6 per cent […]
Eutelsat has reported a 9.3 per cent fall in Q1 reported revenues to €349 million (although 6.7 per cent when ‘like for like’ numbers were measured) and including a 11.7 per cent tumble in in its ‘Fixed Data’ division compared to Q1/2016. However, these numbers were very much in line with market expectations, and only just […]
US pay-radio operator SiriusXM added 311,000 net new subs during its Q3 and taking the overall total for the year to date to more than 1 million. James Meyer, SiriusXM’s CEO, told analysts on the broadcaster’s conference call that it expected to achieve about 1.4 million net new subscribers this year. The broadcaster now has […]
Social media site Twitter has, effective immediately, banned RT and Sputnik from buying advertising amid fears they attempted to interfere with the 2016 US election. US authorities say both of the Russian media outlets act as “a platform for Kremlin messaging”. Twitter will donate an estimated $1.9 million made from the outlets into research on […]
Intelsat’s headline numbers for Q3 are steady when compared with previous quarters. This latest period saw total revenues of $539 million (€456.2m) for the 3 months to September 30th, which is down 1 per cent on the same period last year ($543m) but up modestly on Q2 ($533m). Overall loss for Q3 was $30 million. […]
A judgment has been obtained in the High Court of England and Wales against a Sky customer who had been streaming Sky Sports content illegally online. Yusuf Mohammed, of Bristol in the west of England, has been ordered to pay legal costs of over £16,000 (€17,945), and to disclose details about the money he made […]
Orange Spain is performing well in the Spanish market. The company managed to increase the number of its TV subscribers by 29.6 per cent to 593,000 in the first nine months of the year. Orange Spain currently has 4,2 million broadband customers – 2.08 million through optic fibre, up 47.7 per cent from one year […]
Telefónica’s IPTV platform Movistar Plus gained 100,000 net TV subscribers in the third quarter, double on the same period from the previous quarter. The rise is largely attributed to the new Fusión packages launched in July. The number of subscribers to the convergent offer Movistar Fusión grew by 2 per cent year-on-year with an 85 […]
Akamai Technologies unveiled its Q3 numbers this week, with co-founder and CEO Tom Leighton telling analysts that there was “strong traffic acceleration” in its Media business ($273 million (€231m) in the quarter-year). “Revenue in Q3 was $621 million, above the high-end of our guidance range and up 6 per cent over Q3 of last year,” […]