Telco and pay-TV giant America Movil is to merge its Brazilian operations. Local director Daniel Hajj says the Mexican-owned company will consolidate its DTH, cable TV and cellular subsidiaries. America Movil owns the Embratel DTH system, Net Servicos (cable) and Claro mobile phone business, and Hajj says the operation will take between 18 and 30 […]
Spain’s dominant telco Telefonica has pulled out of satellite company Hispasat by selling its remaining stake to Eutelsat in a deal estimated at €56 million in cash. Earlier this year Telefonica transferred to Abertis Telecom half of its shares of Hispasat for €68 million and agreed that it would sell its remaining stake in the […]
DISH Network Corporation has submitted a merger proposal to the Board of Directors of US telco Sprint Nextel Corporation for a total cash and stock consideration of $25.5 billion. According to DISH, the offer “clearly represents” superior value to Sprint shareholders, including greater ownership in a combined company that is better positioned for the future […]
Digisoft.tv, a global provider of HTML5 set-top box (STB) software and Dune HD, a global leader in full HD media players and connected boxes, announced at NAB a new cost-effective consumer platform aimed at carriers and retailers. Based on the award-winning Dune HD Connect StickSTB with additional support for the company’s full line of IPTV […]
Ericsson is buying Microsoft’s TV solution Mediaroom business. This will make Ericsson the leading provider of IPTV and multi-screen solutions with a market share of over 25 per cent. The deal, first reported here a couple of weeks ago, is expected during the second half of 2013. Mediaroom employs more than 400 people worldwide. Per […]
The UK government should help open up access to the national fibre network being rolled out by BT, says Sir Charles Dunstone, chairman of telecoms group TalkTalk and YouView. Dunstone told the FT that Ofcom needs to regulate the cost of wholesale access to BT’s fibre network, which he said would mean lower prices for […]
According to a report from US consumer research body the Consumer Reports National Research Center, with carriers offering introductory discounts as much as half off, it’s little wonder why three quarters of those who bought a triple or quad-play telecom package (cable, Internet, home phone, cell phone) suggest that they would definitely or probably purchase […]
Netgem’s current operating profit for 2012 amounted to €12.3 million (-3 per cent compared to 2011) or 15 per cent of full-year revenue of €81.2 million (-4 per cent compared to 2011). Gross margin for 2012 amounted to €30.2 million (37 per cent of revenue) as compared to €32.4 million in 2011 (38 per cent […]
Senior executives in the European broadband cable industry speaking at the Cable Congress 2013 in London have expressed their confidence in its ability to compete effectively against telco players. Reporting revenue growth for 2012 of 6.5 per cent and 5.3 per cent respectively for Internet and cable telephony, Cable Europe President Manuel Kohnstamm said that […]
The Spanish Administration will fail to meet its self-imposed deadline of Jannuary 2014 to complete the allocation of the so-called digital dividend to telco operators for 4G (LTE) services. The process will take until the end of 2014 or the beginning of 2015 as the government is unable to comply with the timetable, which was […]