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Far East Pay-TV piracy tops US$1.5 billion

In the latest survey of revenue leakage over the last 12 months to the regional pay-TV industry, conducted by the Cable & Satellite Broadcasting Association of Asia (CASBAA) and Standard…

Alcatel-Lucent Q3

Alcatel-Lucent has posted Q3 net losses of E258m on revenue down 7.8 per cent year-on-year at E4.35 billion. The group says the integration plan has seen 5,000 jobs cut in…

No tax on US Internet

The US House of Representatives has voted unanimously to extend a tax moratorium that was first adopted to promote US Internet access in the early days. The ban prevents local…

Cinven selling stake in Numericable?

From Sotires Eleftheriou in Paris According to reports in the French press, the British investment fund Cinven wants to sell up to half of its 70 per cent stake in…

Sirius narrows loss

Sirius Satellite Radio reported a narrower third-quarter loss and recorded a 50 per cent increase in new subscribers ahead of its planned combination with larger rival XM Satellite Radio. Sirius…

NDS Results

NDS has announced its results for the first quarter ended September 30, 2007. Revenue for first quarter was up 25 per cent to $204.9 million (E142m) and operating income for…

Senators want network blocking probe

Two US Senators have called for a congressional hearing to investigate allegations that phone and cable companies are stifling communications over the Internet and on mobile phones. Sens. Byron Dorgan,…

blinkx reports strong growth

Video search engine blinkx has reported positive financial results for the period ended 30 September 2007. Gross profit for the first half of 2008 was $2.2 million (E1.5m), with a…

SES Q3 results

SES has reported on its financial performance for the three months ended 30 September 2007. Revenue was E406.9 million. Operating profit was E175.9 million and Net profit was E138.8million Romain…

Microsoft stake in Facebook

Microsoft has beaten off competition from Google to pay $240 million for a 1.6 per cent stake in Facebook that values the popular social networking site at $15 billion. Microsoft…

No subsidies for DTV in North Rhine-Westphalia

The European Commission has decided that plans to finance part of the fees commercial broadcasters pay for the transmission of their programmes on the DVB-T network in North Rhine-Westphalia are…

Comcast sales up, earnings flat

Comcast earnings fell sharply in the third quarter in the context of a year-earlier gain related to its acquisition of cable systems from Adelphia Communications. Comcast’s net income fell 54…

ASA cans Sky ad

The UK ASA (Advertising Standards Authority) has banned a Sky advert following complaints over the claim that new and existing customers get equally good deals with the company. The advert…

Digiturk hopes for $550m in IPO

Digiturk, Turkey’s largest digital television broadcaster, plans to raise as much as $550 million (E386m) in an IPO of 25 per cent of its business. The company is controlled by…

Eutelsat Q1 sales up 6%

Eutelsat Communications said sales jumped 6.2 per cent to E211.9 million in its first quarter to September from E199.5 million a year earlier thanks to “the continuing good performance of…