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Motive “well positioned” despite losses

Digital television technology, software and services specialist Motive Television has declared it is well-positioned to start to reap the benefits of its heavy investment programme over the past few years, despite reporting an increased H1 loss of 10 per cent to £1,086,616 (H1 2013: £984,478) attributable to continuing activities and developing new business before interest. Michael Pilsworth, Chairman, said the […]

Fitch doubts Sony mobile rescue

Ratings agency Fitch doubts that electronics giant Sony can turn around the struggling fortunes of its mobile phone division. Sony says it will launch even ‘smarter’ so-called smartphones and a new range of high-end consumer devices. But the news might be a last throw of the dice and follows on from a massive Sony write-down of $1.65 billion, largely because […]

Sony quadruples loss forecast

Sony has unexpectedly said its annual loss may be more than four times bigger than initially forecast. It now expects a full-year loss of 230bn yen ($2.15bn) compared with a previous estimate of 50bn yen. The loss is mainly attributed to its struggling mobile business, which has been losing money due to competition from global rivals such as Apple and […]

Avanti: Losses deepen

London-based satellite operator Avanti Communications reported an increased loss of $87.7 million ($58.88m, a year ago). Revenues expanded from $32.12 million a year ago to $65.62 million for the year to June 30. Backlog also fell back from $445 million a year ago to $430 million now. Avanti had some $195 million cash at hand at year-end. Chairman Paul Walsh […]

Tele Columbus profitable growth

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Tele Columbus Group, the third largest German cable network operator, substantially increased revenues and earnings in the first half of 2014. Revenues grew by 3.6 per cent year on year to €107.0 million in the period between January and June 2014 and total output increased by 4.7 per cent to €114.7 million, mainly driven by the positive momentum in the […]

TiVo increases Q2 revenues

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TiVo reported higher Q2 revenue as the DVR specialist benefited from worldwide growth and am increased customer base. For the quarter ended July 31st, TiVo reported a profit of $9.3 million compared with $268.9 million a year earlier. The year-ago period included $276 million in net income from its settlement with Cisco and Motorola over patent claims. Total revenue increased […]

AsiaSat revenues squeezed

AsiaSat announced a set of sharply reduced revenues and operating profits for the 6 months to June 30th, and warned the market that its full-year results will not be much of an improvement over the first half-year. AsiaSat had issued a profits warning back in July when it explained that lower prices achieved on renewed contracts, cancellations of some others […]

RTL cuts 2014 outlook

Europe’s largest television company RTL Group has cut its 2014 outlook, citing among other issues a new advertising tax in Hungary that hit its earnings in the first half of the year. The broadcaster said it now expected 2014 revenues to decline slightly, with a more significant decrease in earnings before interest, tax and amortisation (EBITA), having previously seen both […]

Kudelski H1 profits and revenues up

The Kudelski Group, a provider of media content protection and value-added service technology, has published its 2014 first half results. Group revenues in constant currency increased by 9.5 per cent over the same period in 2013, primarily driven by a patent cross-licence agreement with Cisco and by the consolidation of Conax starting in April 2014. Reported first half revenues increased […]

Brazil’s Oi makes dramatic pay-TV progress

Flag of Brazil

New Brazilian pay-TV operator Oi registered the highest gains in the Brazil DTH market with 24,900 net new subscribers, and which represented 38.5 per cent of all new subs in the country. The numbers were for June and come from regulator Anatel. The increase was 12.2 per cent up on May’s numbers. Oi has more than 110 channels (of which […]

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