Romanian DTH supplier Focus Sat, owned by Liberty’s UPC MSO, suffered a major revenue collapse of some 24 per cent last year. The report, carried by local business newspaper Ziarul Financiar, stated that the loss is within the financial statement made by Focus Sat to the Finance Ministry.

Specifically, the newspaper states that Focus Sat’s revenues fell last year to €11.5 million. Additionally, the financial statement shows a loss of €5.4 million for the year.

UPC’s Romanian division overall showed revenues of €103.4 million for 2011.

Other posts by :

1. AsiaSat hits Zee and JioStar with legal actions
2. Nvidia unveils orbital chip/computer for AI and data
3. Space Sector: ‘Profound Acceleration in 2026’
4. Starcloud wants 88,000 satellites
5. Lynk Global requests “experimental” satellite access
6. Safran Space links laser direct to satellite
7. SpaceX fearful of AST SpaceMobile’s potential?
8. Equatys wants 2,800 new satellites
9. FCC eyes freeing up Weird Space Stuff spectrum

Categories: Articles, Broadcast, Business, Results