Comcast Corporation and General Electric have closed their transaction to create a joint venture, NBCUniversal, LLC. Under the terms of the transaction, GE contributed to the joint venture NBC Universal, Inc.’s businesses, including its cable networks, filmed entertainment, televised entertainment, theme parks, and unconsolidated investments. Comcast contributed its cable networks, including E!, Versus and the […]
Cable will retain dominance in the global multi-channel TV market over the next five years but the threat from the new generation of digital and IP services will take its toll, predicts Ovum. Globally cable TV will reach 573 million households by 2015, but will grow by an average of only three per cent per […]
Time Warner Cable has posted a 22 per cent rise in quarterly profit as the company added more Internet customers. The No. 2 US cable television operator’s profit growth and increasing return of cash to shareholders was offset with its continuing loss of TV customers during the quarter. Fourth-quarter net profit rose to $392 million […]
Cable Europe Labs has introduced new product certification for equipment instrumental in helping to keep cable at the head of the network speed race. The products that have successfully passed the Cable Europe Labs certification process are the following EuroDOCSIS 3.0 Cable Modems: AVM FRITZ Box 6320 Cisco EPC3008 “Pushing the speed envelope requires ensuring […]
According to a report by Romanian daily newspaper Ziural Financier, RomTelecom and Romania Cable Systems (RCS&RDS), the country’s two largest broadband providers by subscribers, are going head-to-head in the acquisition of a number of smaller cablecos, as a way of increasing their network footprints. The newspaper claims that RCS&RDS has acquired a new subsidiary in […]
The Carlyle Group plans to offload its 62 per cent stake in ETTV, a Taiwan cable TV operator in what would be the private equity firm’s latest Taiwan exit. Local press reports Chairman Gary Wang, ETTV’s second largest shareholder, is interested in the stake, which may be worth T$7.5 billion ($250m). Late last year, Carlyle […]
The Tele Columbus Group, the leading German cable network operators, has successfully completed the financial restructuring process initiated in 2010. With expanded capital resources, the business is now better positioned in the competitive cable and telecommunication market. During the course of the restructuring agreement with lenders, debts were reduced by over €400 million. At the […]
JDSU has introduced its next-generation cable certifier, the JDSU Certifier40G. The innovative handheld test solution is the fastest and most advanced cable certifier for growing enterprise network bandwidth demands – including local access networks (LAN), storage area networks (SAN), and data centers. The JDSU Certifier40G supports those responsible for quality, reliable performance of private businesses, […]
Cable Television Laboratories and Cable Europe Labs have committed to a closer and more extensive working relationship under a memorandum of understanding (MOU) establishing a one-year trial programme by which the two cable research and development organisations might develop longer-term joint cooperation. “This accord builds upon the five years of collaboration on specification development and […]
Portugal’s third largest cable operator Cabovis_o has filed a complaint in Brussels against the Portuguese State’s role in a €800 million credit line for investment in Next Generation Networks (NGN). According to a company spokesperson, Cabovis_o formally requested that the European Commission examine whether there was “undue favouritism” to companies for the construction of fibre […]