Modern Times Group (MTG) has reported that customer growth, its business transformation and the optimisation of its capital allocation enabled it to keep profits stable in 2015. MTG reported Q4 Sales of SEK 4,545 million (4,371) and operating income of SEK 434 million (478) including M&A costs and adverse currency effects, but before SEK 63 […]
Alongside unveiling a company reorganisation, BT’s results for the third quarter and nine months to December 31st 2015 show the telco added 97,000 TV subscribers during the quarter, reaching 1.4 million. The company said that in its BT Consumer division, it was seeing good demand from its broadband customers for BT Mobile and new BT […]
Satellite operator SES is not winning friends in the investment community. Despite a couple of mostly positive investment reports last week, its share price has continued to be under pressure. Back in May last year, its share price was €35. Last week it barely touched €24.00. A report from equity analysts at investment bank Jefferies, […]
James Murdoch is to become Chairman of Sky, succeeding Nick Ferguson, Chairman since 2012, who will step down from the Sky Board at the end of April after 12 years as a Director. Murdoch previously served as Chairman of the former BSkyB from 2007 to 2012, but resigned in the wake of the phone-hacking scandal […]
In its half-year results (to December 31st), Sky says that an overall 337,000 new customers joined Sky in Q2 and helping “the highest UK and Ireland customer growth for 10 years”. Sky’s customers bought 1.1 million new products. UK & Ireland growth during Q2 was 205,000, with 146,000 new TV customers jhoining in the pre-Christmas […]
Online retails giant Amazon’s Q4 saw operating cash flow increased 74 per cent to $11.9 billion for the trailing twelve months, compared with $6.8 billion for the trailing twelve months ended December 31st 2014. OTT and TV device highlights for quarter include: – Fire TV remains the #1 best-selling streaming media player in the U.S., having […]
Satellite operator Eutelsat has enjoyed a good few days in terms of its share price and helped by a very positive pair of reports from investment banks. One report, from equity analysts at Exane/BNP-Paribas, comes with a “BUY” recommendation and a target share price up 22 per cent at €35 a share (and already rising […]
SES’ German HD platform HD+ recorded an 11.3 per cent increase in subscribers in 2015. HD+ had 1.84 million subscribers at year-end 2015, compared to 1.65 million at year-end 2014. In addition, HD+ had over 1.1 million customers in their six-month free-trial period. Users of HD+ have access to more than 50 HD channels, comprised […]
Time Warner Cable (TWC) reported its best video and high-speed data customer metrics for years in the fourth quarter. It added 54,000 basic video customers and 32,000 for the year, its first 12-month positive customer growth in that segment since 2006. TWC also added 281,000 high-speed data customers in the quarter, one million for the […]
Lost in the market worries about slowing iPhone sales, Apple TV recorded its highest sales quarter. In financial results for its fiscal 2016 first quarter Apple posted record revenue of $75.9 billion (€69.7bn) and record quarterly net income of $18.4 billion. These results compare to revenue of $74.6 billion and net income of $18 billion, in the year-ago […]