Home » Archives by category » Business (Page 868)

Murdoch not interested in Five

James Murdoch has ruled out swapping British Sky Broadcasting's stake in ITV for ownership of Five, RTL's UK channel. The satellite broadcaster, which has a paper loss of about £320…

EU set for new telco rules

The European Union is set to launch new reform proposals for the telecoms sector in a bid to increase competition and create a single market. Draft proposals are expected to…

Pluthero control at C&W

John Pluthero will assume management control of both the international and the Europe, Asia and US divisions of Cable & Wireless following the departure of Harris Jones, the international chief…

Four in for Numericable

Four buyout firms have been shortlisted in the race to buy British private equity firm Cinven’s 35 percent stake in French cable operator Numericable. The firms selected – PAI Partners,…

FCC new rules for 'saturated' cable market?

A report by the Federal Communications Commission is claimed to show that cable TV companies have reached a subscriber saturation point that may lead to the agency exerting greater regulatory…

Regulator against Sogecable-Telefonica

From David Del Valle in Madrid The Spanish Competition authorities has started legal proceedings against the recent alliance between the Spain’s largest pay-TV group Sogecable and Telefónica to launch a…

Echostar results

EchoStar Communications Corporation reported total revenue of $2.79 billion for the quarter ended September 30, a 12.9 percent increase compared with $2.48 billion for the corresponding period in 2006. Net…

Cablevision loss widens

US operator Cablevision reported a wider net loss for the third quarter, but operating income rose 59 per cent as more cable TV customers signed up for high-speed Internet and…

Liberty Global Q3

International cable group Liberty Global third-quarter profit fell from last year, when it recorded a gain on the sale of assets in France, Norway and Sweden. Liberty said it expects…

Profit falls, sales rise at News Corp

News Corp first-quarter profit fell 13 per cent from a year earlier, when the sale of investments boosted results by $428 million (E291m). Income dropped to $732 million from $843…

DirecTV dips on Q3

DirecTV’s third-quarter net income dropped 14 per cent as the company spent more to provide customers with high-definition channels and digital video recorders. The US's largest satellite-TV operator reported net…

Time Warner income sags

Time Warner reported a 9 per cent rise in third-quarter revenue of $11.767 billion, however net income was down to $1.1 billion from $2.3 billion 12 months earlier due to…

MTG: management appointments

Modern Times Group has announced a number of new senior management appointments and the reorganization of its Central Eastern European operations. Manfred Aronsson has been appointed as CEO of MTG…

BT Q2 results, still top in broadband

BT met forecasts with a 3 per cent rise in second-quarter revenues on good growth in broadband and networked IT services and said it was confident in its growth prospects.…

Télédiffusion acquires Media&Broadcast from Deutsche Telekom

Deutsche Telekom has concluded an agreement with the French TDF group on the sale of T-Systems Media&Broadcast. The transaction has an enterprise value of E0.85 billion. The sale of Media&Broadcast…