Spain’s telco Telefonica has announced that it will invest €400 to €500 million in a new deployment plan to take its fibre optic network, with a current reach of 1.3 million households and businesses, to 3 million homes in 2012. The company will focus on Madrid with an investment of €200 million, in comparison with that of over €55 million last year, [...]
Spain’s largest cable company ONO has launched a massive campaign to boost subscriptions to its advanced service TiVo, now with just 16,000 clients. The campaign called ‘I love TiVo’ offers significant discounts to current subscribers who successfully recommend TiVo to friends or relatives. Those subscribers who secure a new TiVo client for ONO will be granted a discount of €40 and [...]
Cable operator Liberty Global reconfirmed its full year guidance targets as fourth quarter consolidated revenues went up 12 per cent year-on-year to $2.54 billion, driven mainly by the addition of KBW and Aster and organic revenue increase. Excluding the acquisition of KBW and Aster, revenue lifted 5.5 per cent to $2.54 billion. Liberty Global said the integration of the two [...]
Spain’s Telefonica said first-quarter net profit halved after the value of its stake in Telecom Italia plunged following a capital increase and it cut prices in its recession-hit home country. Net profit at the euro zone’s largest telecoms company fell 54 per cent to €748 million. The bottom line was hit after Telefonica wrote down the value of its 10 [...]
Cable operators are rushing to push content and services to a wide range of consumer devices, including iPads and smartphones, but the lack of management software to track and coordinate delivery platforms will cause some MSOs considerable pain, according to a report from Heavy Reading Cable Industry Insider. “As multi-screen options proliferate with more devices and content, the challenges will [...]
Comms regulator Ofcom has invited applications for 21 local TV channels across the UK. This follows new duties given to the regulator by Parliament to license local TV. The local TV channels will broadcast on a specially-reserved ‘multiplex’; this is a discrete amount of spectrum used for broadcasting over digital terrestrial TV (DTT). In addition to inviting applicants for 21 [...]
Spain’s largest cable company ONO ended the first quarter with a net benefit of €15 million, up 66.2 per cent, over total revenues of €383 million, up 5 per cent with EBITDA growing by 4 per cent to €186 million. ONO’s TiVo service is increasingly growing with now 16,000 clients. Today, 60 per cent of its base with access to [...]
The UK telco has gained from continued strong demand for its fibre broadband service ‘BT Infinity’ and its hybrid DTT/IP television service ‘BT Vision’ – which added 28,000 subscribers in the quarter to reach over 700,000, up 23 per cent on an annual basis. BT added 136,000 retail broadband connections in the quarter, representing nearly half (44 per cent) of [...]
Telecom Italia has officially confirmed the sale of Telecom Italia Media, its media and broadcasting unit in which it owns a 77 per cent stake. The Board of Directors has decided to begin the process for the disposal of the activities in the media sector, in view of the refocusing of the Group on the core activities, as outlined in [...]
Cisco, the world’s largest maker of computer networking equipment, has reported its third quarter results for the period ended April 28, 2012. Cisco reported third quarter net sales of $11.6 billion and net income of $2.6 billion. “We delivered solid results this quarter with record revenue,” said John Chambers, Cisco chairman and CEO. “We are successfully executing against our long-term [...]
