According to local reports, Baring Vostok has sold a 6.1% stake in Russia’s CTC Media to Access Industries for an undisclosed fee. Access Industries is owned by the US billionaire […]
TV Nova success continues
TV Nova has firmly established itself as CME’s best performing operation in Central and Eastern Europe. Latest results published by CME show that its net income in Q4 2006 amounted […]
At the Races reaches breakeven
At the Races reduced its operating loss in 2006 as the racing channel moved reached breakeven in the second half of the year. According to finanicials released by Arena Leisure, […]
Liberty Global exceeds 2006 Guidance targets
Liberty Global today announced financial and operating results for the fourth quarter and year ended December 31, 2006.
Set-top strategy lifts KDG
Kabel Deutschland (KDG) has said that its new strategy of offering set-top boxes direct to the customer is beginning to pay off. Germany’s largest cable operator lifted its subscriber base […]
Virgin Media adds 38,500 subs in Christmas quarter
The rebranded Virgin Media has announced its end of year financial results. During a time when NTL and Telewest were still the consumer facing brands, the cablenet added 38,500 net […]
RCS gets green light on Digicast purchase
Italy’s Antitrust Authority has given its go-ahead for the acquisition by RCS of 51% of Digicast, a company active in the broadcasting of thematic TV channels, principally pay-TV operations over […]
Arris evaluates Ericsson Tandberg offer
Arris Group has said the company is evaluating Ericsson’s bid for Tandberg Television following Monday’s surprise bid for the technology company. In a statement Arris said it was currently assessing […]
EC approves Liberty Global control of Telenet
The European Commission has approved Liberty Global’s recently increased and controlling ownership position in Telenet Group Holding NV. As previously announced on November 13, 2006, Liberty Global exercised options that […]
Ukrtelecom sell off delayed
The part privatisation of the incumbent Ukrainian telco Ukrtelecom, which was scheduled for Q1 2007, is now unlikely to take place before the end of the year. Ukrtelecom, which is […]