After over 16 years with the company, Francisco Román will step down as chairman of Vodafone Spain and Vodafone Spain Foundation on December 31st. Román was a member of the team that, on behalf of Airtouch International, won the first Spanish telco licence in 1994 after market liberalisation. He was technology director of Airtel Movil, […]
The UK Government is to give rural areas a £200 million funding package as part of its full-fibre broadband pledge. The money – announced by Chancellor of the Exchequer Philip Hammond as part of his Budget measures – has been allocated from the National Productivity Infrastructure Fund and is intended as a stimulus for companies […]
Intelsat’s CEO Stephen Spengler, in announcing its Q3 results, said that since July 1st it had restructured $4.2 billions-worth of capital restructuring, and in the process improving its overall borrowings. Intelsat’s revenue picture is complicated by this year’s shift to the USA’s new revenue recognition rules (which translated from a reported $536.9 million to $511.9 […]
Grupo Televisa’s Q3 results have not been helped by the depreciation of the country’s Peso currency against the Dollar. Net profit at Mexico’s largest broadcaster declined 3.6 per cent as its costs rose. Sales rose some 10.5 per cent to 25 billion Pesos during the quarter-year (22.7 billion in the same period last year). Televisa’s […]
Synamedia, the renamed NDS division that was acquired by Cisco, is back in independent hands. Financed by global investment firm Permira, the buyout from Cisco’s Service Provider Video Software Solutions, has completed. Financial terms of the deal were not released. Synamedia’s portfolio of over 200 pay-TV and media customers includes AT&T, Astro, beIN, Bharti Airtel, […]
US President Donald Trump has ordered a range of agencies to work on developing what he describes as a “balanced, forward-looking, flexible, and sustainable approach to spectrum management” as part of his desire for America be first in fifth-generation (5G) wireless technologies. In a Presidential Memorandum, he notes that in the growing digital economy, wireless […]
This year’s record $25 billion games deals over just 9 months could mean we’ve hit the top of the market, as detailed in Digi-Capital’s new Games Report Q4 2018. Last time this happened, games investment and M&A plunged into a games deals ice age at the lowest level in a decade. The games deals cycle has […]
Jan David Frouman, Chairman & CEO of Red Arrow Studios, and a member of ProSiebenSat.1 Media SE’s Executive Board, is leaving both posts when his current contract concludes at the end of February 2019. After 15 years with ProSiebenSat.1. Frouman will be succeeded by James Baker, who has been appointed President & COO of Red […]
MásMóvil has published its results for the first nine months of the year in which the company increased profitability and continued leading the growth of the telco market in Spain. In this period, MásMóvil reached a net income of €57 million and an adjusted net income of €106 million. In response, the company has updated […]
China continues to be robust and growing market for giant screen operator IMAX in terms of box office revenues, which were up 30.5 per cent for its Q3 (y-o-y) and “driven by compelling slate of Hollywood and Chinese local language blockbusters,” according to IMAX. Additionally, IMAX told analysts that it had converted more than 200 […]