Google reported higher quarterly revenue and profit as rising online ad volume offset a hit from the strong dollar. Revenue for the quarter that ending March rose 12 per cent to $17.26 billion, from $15.42 billion a year earlier. “Excluding the net impact of foreign currency headwinds, revenue grew a healthy 17 per cent year […]
Consumer electronics giant Sony has raised its earnings estimates for the second time in three months, citing higher than expected sales of video games and digital cameras, and possibly turning a corner in its flagging fortunes. Sony said it “probably” made an operating profit of 68 billion yen ($569 million) in the year ended March […]
Ericsson has reported an unexpected fall in profits as infrastructure spending by MNOs in the North American market remained slow and fierce competition affected margins elsewhere. While sales in China were up as build-outs of new networks there gather pace, Ericsson’s overall operating profits in the first quarter fell, weighed down by the lower margins […]
Sky Italia saw growth during Q3 – and the first real progress of note for 3 years – reporting a net subscriber growth of 12,000. The improvement reversed a net loss of customers last year and helped increase the Italian’s pay-TV broadcaster’s total customer base to 4.75 million. Sky Italia, along with Sky UK and […]
MTG (Modern Times Group) saw record sales in the first quarter of 2015, with lower revenues in its Scandinavian free TV business offset by sales growth in Nordic pay-TV and free TV in emerging markets. The improved efficiency in its traditional business helped MTG to fuel growth in its digital businesses and that profits were […]
Sky has posted its highest Q3 subs growth in 11 years. “We have delivered an excellent third quarter as customers across the enlarged Sky group respond to the quality and breadth of what we offer. In all, we attracted almost 70 per cent more new customers than the prior year and over one million new […]
Sky Deutschland delivered record customer growth in Q3 2014/15. The number of direct subscribers for the German pay-TV provider increased by 103,000, which is 61 per cent above the previous year’s period. At the end of March, the total number of direct subscribers reached 4,225,000, representing an increase of 494,000 subscribers over the last 12 […]
Teliasonera reported a 5.9 per cent decline in its net profit for the first quarter. Sweden and Finland’s dominant telco’s quarterly net profit slipped to SEK3.71 billion kronor ($427 million), versus a year-ago profit of SEK3.95 billion. Earnings per share dropped to 0.86 krona versus 0.91 krona. Its revenue climbed to SEK26.04 billion from SEK23.97 […]
Arabsat’s deputy chairman (and Kuwaiti ministry of Communications undersecretary) Hamid Al-Qattan, praised Arabsat’s commercial performance over the past year at the operator’s Board Meeting and General Assembly held in Amman, Jordan. Al-Qattan said Arabsat’s results were “impressive and successful”, adding that the organisation’s financial and administrative reports discussed during the meeting had reflected its distinctive […]
Sky will report its Q3 numbers next Tuesday on April 21st, and the market is expecting 9-month revenues growing by some 4.9 per cent (to £8.44 billion). But the challenges ahead are not to be ignored, suggests a note from investment bankers Jefferies on April 17th. Sky UK has just announced steep price hikes for […]