Time Warner will receive a higher than expected $9.25 billion dividend from the spin-off of Time Warner Cable and has confirmed plans for a “complete legal and structural separation” of the two companies. Jeff Bewkes' biggest strategic step since becoming Time Warner chief executive in January would help each company's management focus on realising the […]
Leichtman Research Group has reported that the nineteen largest cable and telephone providers in the US – representing about 94 per cent of the market – acquired 2.2 million net additional high-speed Internet subscribers in the first quarter of 2008. The top broadband providers now account for 64.1 million subscribers with cable companies having about […]
Jupiter Telecommunications (J:COM), the multiple system operator in Japan controlled by Liberty, has announced that the total subscribing households as of April 30, 2008 served by J:COM's 20 managed franchises reached approximately 2.85 million, up 180,000, or 6.7 per cent since April 30th, 2007. Combined revenue generating units for cable television, high-speed Internet access and […]
From David Del Valle in Madrid Spain’s largest cable company ONO reported a profit of E8 million for the quarter against a E13 million loss for the same period last year. EBITDA amounted to E164 million, up 10.6 per cent, with total revenues reaching E400 million, 75 per cent of them from the residential business. […]
UK's Virgin Media added 4,900 net new customers for its services in the first quarter and said better customer retention and stabilising revenue per customer left it positioned for growth. “Our first-quarter results represent another solid operational performance. In particular, churn continued to decline, reflecting the emphasis that we have placed on this area,” commented […]
Portuguese cable operator Cabovisäo will launch its digital platform at the beginning of May. The new service will permit clients to select the moment when to watch their favourite programs, higher audio and video quality as well as internet access functions and game consoles that can be accessed via the remote control. The Cabovisäo Digital […]
Comcast has reported quarterly profits of $588 million excluding one-time gains, compared with $537 million last year. Last year, Comcast posted a $300 million gain from the dissolution of a cable partnership with Time Warner Cable. Revenue was up 14 per cent to $8.39 billion in the latest quarter. Revenue rose as people spent more […]
Announcing Q1 results Time Warner's CEO Jeff Bewkes finally confirmed the company's intention to spin off TE's 84 per cent stake in Time Warner Cable, the country's second-largest operator. But no details were immediately given on how the Time Warner Cable stock would be separated. “We've decided that a complete structural separation of Time Warner […]
Virgin Media confirmed plans mentioned last week by CEO Neil Berkett, a partnership with the BBC to launch BBC iPlayer onto its platform, making its 3.5 million TV customers the first in the UK to get the popular service on TV. Viewers using BBC iPlayer on Virgin Media will be able to watch full screen […]
Screen Digest’s ‘China Television Market: Assessment and Forecast to 2012' has concludes that the world's largest TV market is enjoying a period of strong growth and despite regulatory hurdles still offers significant investment opportunities for global technology suppliers. In particular, the Beijing Olympics is driving domestic digital cable take-up which is set to grow from […]