Ottawa-based satellite operator Telesat, the world’s fourth-largest, is moving some assets around in preparation for its planned multi-billion dollar constellation of Low Earth Orbiting (LEO) craft. The news emerged hot on the heels of Telesat’s financial numbers for 2018, which showed a 3 per cent fall in overall revenue to C$903 million (about €584m). However, […]
Broadband Forum has completed and published the second code release of its Open Broadband – Broadband Access Abstraction (OB-BAA) project. Release 2.0 of OB-BAA builds on the functionalities enabled by Releases 1.0 and 1.1, which were demonstrated to wide-acclaim at Broadband World Forum last October. Taking accelerated migration to cloud-based access networks to the next […]
Spain’s two largest private TV companies, Mediaset and Atresmedia, experienced mixed fortunes in 2018 in terms of financial results. Mediaset increased its profits by 1.4 per cent to €200 million, whereas Atresmedia saw its fall by 37.9 per cent to €88.2 million. The ad crisis and the fall in revenues accordingly are the main reasons […]
YouTube has confirmed it will switch off comments on almost all videos featuring under-18s, in an attempt to “better protect children and families”. A number of brands stopped advertising on YouTube after discovering that paedophiles and groomers were leaving predatory comments on videos featuring children. The Google-owned platform had originally disabled comments on videos that […]
Pan-African pay-TV company MultiChoice was listed on the Johannesburg Stock Exchange on February 27th and investors saw an immediate rise of 16 per cent in value. MultiChoice has been spun off as a separate business by technology conglomerate Naspers. “We are happy with where the share opened and how it is trading,” MultiChoice chief financial […]
Suggesting the deal creates a software-based security and analytics powerhouse, security solutions specialist Inside Secure has announced the successful completion of the acquisition of content security specialist Verimatrix. According to Inside Secure, the combination accelerates the company’s strategic roadmap, offering an improved value proposition for its customers with an expanded reach to securely transform connected […]
Fran Unsworth has been appointed to the BBC’s board. The broadcaster’s director of news and current affairs will fill the position made vacant by the departure of deputy director general Anne Bulford. The appointment will begin in April and her responsibilities as head of news will remain unchanged. Unsworth said: “I am delighted to be […]
A 10-year battle between two Middle East media giants has resulted in victory for LBC International’s Pierre El Daher against billionaire Prince al-Waleed bin Talal and others. Beirut Judge Fatima Al-Jouni ruled to drop all charges against LBCI chairman Pierre Daher while calling on his rivals to incur all legal fees. It is just the […]
Liberty Global has agreed a deal to sell its Swiss business – UPC Switzerland – to Sunrise Communications Group in a deal worth $6.3 billion (€5.5bn) including debt. Liberty Global expects the sale of UPC Switzerland to generate net proceeds of $2.6 billion, which it plans to use for general corporate purposes. The deal should […]
The Walt Disney Company is said to be holding talks with AT&T with regards to acquiring its 10 per cent stake in US streaming service Hulu. AT&T holds its 10 per cent through WarnerMedia, after the now-acquired Time Warner bought into Hulu to join other partners Disney, Fox and Comcast. AT&T could welcome a deal […]