EchoStar Satellite Services and Satelites Mexicanos have confirmed EchoStar will acquire an ownership interest in Satmex. Satmex is Mexico’s leading satellite operator and delivers video, audio and data services to the Americas. MVS Comunicaciones, one of the largest media and telecommunications companies in Mexico and EchoStar’s partner in the Mexican direct-to-home TV service Dish Mexico, […]
Europe’s largest entertainment group Vivendi posted better-than-expected sales and operating profit for 2009, boosted by a buoyant performance at its games and telecoms divisions. But the owner of Universal Music Group, the world’s biggest record company that competes with EMI and Sony, said net profit was hit by a surprise provision for possible damages in […]
Sirius XM posted strong Q4 results thanks to additional subscribers and severe cost cutting. Quarterly earnings came in at $14.2 million, up from a loss of $245.8 million a year earlier. More than 257,000 net new customers were added leaving Sirius to close the year with 18.8 million subs, slightly less than the 2008 number. […]
Telefónica Spain's Imagenio service added 48,725 pay-TV subscribers in the fourth quarter of 2009, taking its customer base to 702,980, up 14.8 per cent year-on-year. It said that the now had a pay-TV market share of 17 per cent, based on coverage that was limited to only 60 per cent of Spanish households. Telefónica said […]
Convergence and innovation were the keys to success and record sales of Packs, Belgacom TV has stated. In 2009, the Belgacom Group reported a net profit of E904 million. Didier Bellens, CEO of the Belgacom Group said “Not only did we obtain many new customers, but existing customers remained loyal to us, despite the fierce […]
The Kudelski Group, owner of Nagravision and OpenTV, has announced its 2009 annual results. Following the completion of the transition of selected large accounts to the service model in the first half 2009, the Kudelski Group delivered strong second half results, both in terms of top line and profitability. Total revenues including other operating income […]
Studios have lodged an appeal against the controversial Australian Federal Court verdict that ISP iiNet was not responsible for its subscribers illegal downloading. Australian Federation Against Copyright Theft (AFACT) representing the 34 studios said: “The court found large scale copyright infringements, that iiNet knew they were occurring, that iiNet had the contractual and technical capacity […]
Virgin Media has reported that revenues rose by 3.3 per cent to £980 million (E1.11bn) in the fourth quarter, adding 63,600 broadband subscribers – as superfast Internet connections prove popular. Overall the provider added 28,600 net new households in the three months to the end of December, bringing the total signed up to 4.77 million. […]
In the first six months since the launch of its new TV entertainment service in July 2009, Sky Deutschland attracted 369,000 new customers to its service, up 26 per cent compared to the second half of 2008. Net subscriber growth was 105,000 taking the total number of direct subscribers to 2.47 million on 31st December […]
Liberty Global reported fourth-quarter revenues up 19 per cent from a year earlier to $3 billion, helped by solid growth in its digital TV and broadband customer bases. Revenues rose 7 per cent and operating profit rose to $469 million from $225 million a year earlier, and the net result improved to a profit of […]