Sky Deutschland delivered record customer growth in Q3 2014/15. The number of direct subscribers for the German pay-TV provider increased by 103,000, which is 61 per cent above the previous year’s period. At the end of March, the total number of direct subscribers reached 4,225,000, representing an increase of 494,000 subscribers over the last 12 […]
Teliasonera reported a 5.9 per cent decline in its net profit for the first quarter. Sweden and Finland’s dominant telco’s quarterly net profit slipped to SEK3.71 billion kronor ($427 million), versus a year-ago profit of SEK3.95 billion. Earnings per share dropped to 0.86 krona versus 0.91 krona. Its revenue climbed to SEK26.04 billion from SEK23.97 […]
Arabsat’s deputy chairman (and Kuwaiti ministry of Communications undersecretary) Hamid Al-Qattan, praised Arabsat’s commercial performance over the past year at the operator’s Board Meeting and General Assembly held in Amman, Jordan. Al-Qattan said Arabsat’s results were “impressive and successful”, adding that the organisation’s financial and administrative reports discussed during the meeting had reflected its distinctive […]
Sky will report its Q3 numbers next Tuesday on April 21st, and the market is expecting 9-month revenues growing by some 4.9 per cent (to £8.44 billion). But the challenges ahead are not to be ignored, suggests a note from investment bankers Jefferies on April 17th. Sky UK has just announced steep price hikes for […]
Netflix added more subscribers than projected in the US and abroad during the first quarter, with the news sending its shares up nearly 12 per cent. Net subscriber additions rose 22 per cent year-over-year to 4.88 million in the March quarter, beating the company’s forecast of 4.05 million. The company has been aggressively building its […]
By any measure the Q1/2015 financial numbers released by OTT operator Netflix this week impressed the market. Each and every metric managed to beat the market’s consensus expectations. Some examples: The market was expecting 4.1 million new subscribers. Netflix delivered 4.9 million. The split was also impressive with International growth (2.6 million) beating the USA’s […]
blinkx, the online advertising company, has reported a fall in annual revenues on but claimed to have made “transformational moves” to turn its business around. In a trading update for the year to the end of March, blinkx said it expected to report revenues of “at least $210 million” — down from $247 million in […]
SeaChange International has reported fourth quarter fiscal 2015 revenue of $31.3 million and US GAAP loss from operations of $5.3 million for the fourth quarter of fiscal 2015, compared to fourth quarter fiscal 2014 revenue of $35.6 million and US GAAP operating loss of $0.9 million. The Company’s US GAAP fourth quarter fiscal 2015 results […]
Huawei, the privately held Chinese group, has boosted its R&D funding by almost one-third in 2014 as China’s 4G revolution marched on. The company has increased spending 29 per cent year-on-year to $6.6 billion, while revenues rose 20.6 per cent to $46.5 billion. Ken Hu, who shares the post of chief executive, said that in […]
Panasonic has said it is ready to spend 1 trillion yen (€7.6 billion) on acquisitions over the next four years, bolstered by a stronger profit outlook for its automotive and housing technology businesses. Chief Executive Kazuhiro Tsuga told analysts Panasonic doesn’t have specific acquisition targets in mind for now. But he said the firm will […]