Jupiter Telecommunications (J:COM), the largest multiple system operator in Japan has acquired 97.9 per cent of the total outstanding shares in the Jyohoku New Media. As a result of the purchase, Taito Cable Television has now become a consolidated subsidiary of J:COM. J:Com said that it expected the deal to expand its reach in the […]
From David Del Valle in Madrid Spain’s largest cable operator ONO lost 19,000 subs in the third quarter which the company blamed on the deteriorating economic environment and a lack of commercial activity during summer time. ONO ended the third quarter with 1,935,636 total subs, with telephony experiencing the sharpest decline losing more than 7,000 […]
Unitymedia, Germany’s second biggest cable provider has posted higher net profit and sales, which were mainly boosted by new broadband and fixed line services. Net profit for the quarter ended September 30th was up to E16.4 million from E12.1 million in the year-earlier quarter. “Compared with the prior quarter, cable network providers had higher growth […]
Virgin Media announced a programme of 2,200 job cuts, or 15 per cent of its total staff, as part of a restructuring operation. The company claimed it would improve efficiency "significantly", and that cuts would be implemented mainly between the end of 2009 and the end of 2010. The move by Virgin, which employs 14,600 […]
International cable operator Liberty Global has reported a 17 per cent increase in third-quarter sales. Operating cash flow, which the company considers its key operational measure, rose 27 per cent to $1.17 billion in the quarter, helped by factors including organic growth and foreign exchange movements. Revenue was $2.65 billion from $2.26 billion, and Net […]
Virgin Media is said to be considering selling off its content division – again. According to FT, the company is considering restructuring the business to become a set of communications platforms rather than producing any content of its own. As part of the Telewest / NTL merger that formed Virgin Media, Telewest tried to sell […]
Numericable, is deploying Juniper Networks M- and T-series routing platforms, Integrated Security Gateway (ISG) platforms and FW/VPN security appliances for its next-generation network. This IP-based network will provide a secure and reliable platform for the converged delivery of Voice, Internet, and cable TV across a single network. Numericable is one of the first European cable […]
Announcing its quarter numbers Virgin Media revealed the cost of settling the carriage dispute with Sky. Virgin will pay Sky approximately £38m (E48) a year over the course of the contract to June 2011. However, Sky will pay Virgin an increased amount of £24m a year to keep its channels (Living, Trouble and Bravo) in […]
Cablevision Systems swung to a profit in the third quarter helped by additions to its Internet and phone subscribers during the period. The company had a net profit of $27.1 million, compared with a loss of $79.3 million a year ago. Revenue grew 15.4 percent to $1.745 billion partly bolstered by the additions of Newsday […]
A Broadcasting Authority investigation has found Hong Kong Cable Television did not engage in anti-competitive conduct in the pay-TV market through its service termination practices last year. In May rival PCCW Media alleged Cable TV acted to prevent, distort or substantially restrict competition by hindering or inhibiting its English Premier League subscribers from terminating their […]