Sky Italia continues growth

Sky Italia has reached a total subscriber base of 4.17 million, an increase of 140,000 subscribers on the quarter, and 456,000 on the year. The News Corp-owned DTH platform recorded a third quarter operating income of $91 million, an increase of $69 million compared to a year ago. However, the increase in revenues has been [...]

Sky loss reduces Virgin customers adds

First quarter customer additions at Virgin Media fell by 29,200 to 184,300 as the cable operator felt the first effects of the withdraw of Sky’s basic channels from its network. The total customer base fell 46,900 on the quarter to 4.81 million. Virgin also pointed to increased competitor activity for the fall, but the impact [...]

Mixed results for Golden Telecom

Russia’s Golden Telecom has announced a mixed set of results for Q1 2007. While its consolidated revenues in the period were, at $255.7 million (€187.9 million), 44% up on the first quarter last year, operating and net income, at $24.1 million and $12.6 million respectively, were 15% and 33% lower. Golden Telecom is one of [...]

DTT revenues buoy Telecom Italia

Telecom Italia has posted revenues of €57.6 million for Q1 2007, or 31.5% more than in the corresponding period in 2006. At the same time, its EBITDA of -€11 million was up by 60.7% on a year earlier. Growth was particularly noticeable in DTT revenues, which went up by 132.1% to €12.3 million. EBITDA in [...]

Akado revenues rise sharply

Moscow CableCom Corp has posted total revenues of $23,866,000 (€17,656,966) for 2006, or 125.1% more than for the previous year. Those for Q4 2006 were meanwhile up by 144.3% year-on-year to $8,696,000. The company, which provides broadband services in the Russian capital under the brand name Akado and is backed by Renova Media, puts its [...]

Hispasat AGM to discuss IPO

Hispasat is to seek a stock market listing by the end of the year. According to local reports, shareholders at the Spanish satellite company will discuss the matter at its AGM on June 8. The company is majority owned by Paris-based Eutelsat, which has an option to buy the shares owned by minority shareholders including [...]

Content costs weigh on Canal Digital

Revenues at Telenor’s pay-TV operation Canal Digital increased in the first quarter of 2007 to NOK1,396 million (€171.88m) from NOK1,251m one year ago. While the actual number of DTH subscribers only increased by 1,000, there has been increased demand for the Multiroom product. The number of cable TV subscribers increased by 4,000 and the number [...]

BTC stake finally sold

The long drawn-out sale of the Bulgarian telco BTC has finally been concluded. Reports indicate that a 65% stake in the company has been sold by Novatur to the AIG Global Investment Group for €1.08 billion, with the deal to be officially signed on June 11. AIG is also engaged in talks to buy a [...]

CME buoyed by two Novas

The Czech national commercial station TV Nova continues to be a cash cow for its owners CME. Q1 2007 results issued by the US investment company show that its net revenues in the quarter amounted to $51,510,000 (€37,904,264), 27% more than in the corresponding period last year and almost of third of CME’s total in [...]

Sky highs surprise City

BSkyB has surprised the City by reporting new customer additions of 340,000, but a rise in churn to 13.7% from 11.9% just three months ago meant that net customer growth was restricted to 51,000 – still an increase of 28% year-on-year to 8.492 million. Earlier this week, Lehman Brothers which had earlier estimated a loss [...]