In just two years, the proportion of Internet users claiming to watch little to no linear TV in a typical day grew 22 per cent to almost half (45 per cent) according to findings by Ampere Analysis. Based on proprietary consumer research carried out with 54,000 adults aged 18-64 across 28 markets worldwide, the findings […]
The Cisco Broadband Survey from the comms technologist finds that evolving consumer expectations will reshape the needs and economics of the Internet. People in EMEA (Europe, Middle East and South Africa) are rethinking what they rely on the Internet for, balancing classic demands for speed and reliability, with the intensifying needs of rising eco-consciousness, secure […]
Altice co-founder Armando Pereira has been detained in Portugal as part of an investigation into alleged corruption, tax fraud and money laundering. Altice’s Lisbon headquarters were raided by officers, according to local broadcasters. Altice Portugal is the country’s largest telecoms company and is part of the Dutch-based telecoms and cable group Altice. Portugal’s department of […]
Spanish TV group Mediapro has reached an agreement with Unidad Editorial, owner of former DTT channel Veo TV, to renew their contract so that Gol TV can use its DTT spectrum for three more years. Mediapro will pay €2.8 million yearly to use the frequency for its sports channel. Both groups have been cooperating since […]
The UK Infrastructure Bank has made a £250 million (€291m) debt investment in new next generation fibre broadband company nexfibre which is rolling out full-fibre broadband to 5 million homes across the UK by 2026. As part of its commitment to investing in infrastructure that tackles climate change and boosts regional and local growth, the […]
OpenVault has determined that power users of 1 TB of data vastly eclipse other users when it comes to streaming broadband and gaming consumption, according to the OpenVault Broadband Insights (OVBI) report. The Q2 2023 report was issued by OpenVault, a source of SaaS-based revenue and network improvement solutions and data-driven insights for the broadband […]
South Africa’s public broadcaster SABC is reportedly “teetering on the edge of financial collapse”. SABC’s CFO Yolande van Biljon has written to the SABC Board of Directors warning that the broadcaster is facing a very real risk of requiring a business rescue such is the shortage of funding. She added that without urgent intervention, the […]
Women’s football and sport in general is on the rise, enjoying a wave of popularity that is resulting in even greater commercial/brand interest. For the first time in the organisation’s history, FIFA has separated the commercial inventory for its Women’s World Cup 2023. FIFA has been active in signing new partnerships to this year’s event […]
Media and entertainment powerhouse, Banijay, has announced the reorganisation of Banijay in Asia, combining two entities – Endemol Shine India and Banijay Asia – under the leadership of Deepak Dhar, who has been appointed the Founder & Group CEO – Banijay Asia and Endemol Shine India. Building a regional content powerhouse, the move follows the […]
July 13th saw a secondary sale of shares from existing investors with stock priced at $81 per share, and a modest rise over the most recent cash-raising which saw shares sold at $77. A total of $750 million in new cash was raised in the offering exercise according to a CNBC report, meaning that the […]