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Deutsche Telekom “reaps the rewards”

Deutsche-Telekom

Deutsche Telekom has reported that earnings rose sharply in Q2, driven by the strong performance of its US subsidiary. “It’s harvest time for Deutsche Telekom on both sides of the Atlantic,” the group said in a statement. Net profit rose by 34.2 per cent to €711 million in the period from April to June. Underlying or operating profit was up […]

Sky Deutschland adds 82,000 in Q2

German pay-TV provider Sky Deutschland has reported Q2 core profits rose 8.5 per cent as subscriber cancellations dropped to a record low. The company reported Q2 EBITDA of €45.3 million. Net subscriber numbers increased by 82,000 during the second quarter. For the new 2014/15 fiscal year, Sky Deutschland expects EBITDA of between €80 million and €110 million and expects to […]

Virgin Media strong Q2

Virgin Media, the UK cable operator has published preliminary unaudited operating and financial  information for the three months ended June 30th 2014. Highlights include – Rebased revenue increased 3 per cent to £1,054 million in Q2 and 2 per cent to £2.098 billion (€2.5bn) YTD – Rebased cable revenue growth fueled by Q1 2014 price rise and growth in internet […]

Disney Q3 up 22% despite ESPN losses

disney-frozen

Rising sports-rights costs caught up to ESPN in Q3, providing a setback in an otherwise strong quarter for The Walt Disney Company. Hit by a combination of higher costs for World Cup football and MLB , as well as a shrinking subscriber base for ESPN and certain timing issues, operating income at Disney’s cable networks group fell 7 per cent […]

DISH Network adds 656,000 subs in Q2

DISH Network has reported revenue totaling $3.69 billion for the quarter ending June 30th 2014, compared to $3.49 billion for the corresponding period in 2013. Subscriber-related revenue increased 5.6 per cent to $3.65 billion from $3.45 billion in the year-ago period. Net income attributable to the US pay-TV network totalled $213 million for the second quarter 2014, compared to a […]

upc cablecom: Over 180,000 Horizon customers

upc_cablecom

upc cablecom has reported that the number of television customers dropped slightly in H1: as of June 30th 2014 the Swiss cableco had 1,415,300 active digital basic connections (- 6,400 in the second quarter) and thus remains the biggest television provider in Switzerland by a clear margin. The multimedia platform Horizon, combining TV, Internet and telephony in one device, is […]

Inmarsat unveils EU aviation service

London-based satellite operator Inmarsat has announced a link-up with British Airways to be their launch client for an EU-wide ‘Aviation Network Programme’. This will see a Europe-wide passenger ‘in seat’ connectivity service using a new satellite being built on a j-v basis with Arabsat-owned HellasSat, now dubbed Europasat. The official statement reads: “Inmarsat and Hellas-Sat have contracted with Thales Alenia […]

Mediaset slumps to Q2 loss

mediaset

Mediaset, Italy’s largest broadcaster controlled by former Prime Minister Silvio Berlusconi, has reported a Q2 loss as a slowdown in southern Europe cut demand for advertising. The net loss was €8.1 million ($10.9 million) compared with a €20.8 million profit a year earlier. Sales were little changed at €904 million. Mediaset is working to improve profit by cutting spending and […]

Spain’s Telefonica breaks subs record

Telefonica is on track to reach its target of 1.5 million pay-TV subs in 2014. The company reached 1.4 million subscribers to its pay-TV service Movistar TV at the end of July, after signing up 200,000 clients in a single month. The company has doubled the number of subscribers in a year thanks to its new Movistar Fusion offer which […]

Intelsat’s backlog up, revenues down

Intelsat declared its Q2 revenues and numbers early on August 4th, saying its all-important backlog of contracts in hand had grown by some $200 million to $10.3 billion during the three months to June 30th. However, revenues for the quarter-year totalled $615.7 million ($653.8m) fell back from the same period last year, and many of Intelsat’s key segments suffered during […]

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