There has been a material change in Tandberg’s tax position. According to the digital TV technology vendor, its after tax profit in 2006 amounted to $82.9 million (€63.1 million ), […]
Swisscom confirms Fastweb bid
State-owned telco Swisscom has unveiled a €3.7 billion friendly cash bid for Italy’s Fastweb. Speculation about a possible bid emerged over the weekend with the broadband operator later asking for […]
Fastweb suspends shares ahead of Swisscom takeover
Italian broadband and operator Fastweb has asked the Italian stock market regulator Consob to suspend trading in its shares on Monday. In the briefest of statements the company said Saturday […]
Telecom Italia in DTT rethink
Telecom Italia Media’s chief executive Antonio Campo dall’Orto has warned that the Italian government’s decision to delay analogue switch off from 2008 to 2012 had led the group to “re-think […]
SBS reports strong financial results
This morning SBS Broadcasting S.àr.l. announced strong financial results for the full-year 2006, with net revenue increasing by 14% to €1,003 million from €879.5 million in 2005. SBS’s recurring EBITDA […]
Tandberg backs Ericsson offer
The Board of Directors of Tandberg Television ASA said Wednesday that the digital television systems vendor is now recommending the voluntary offer made by Ericsson to acquire all outstanding shares […]
Digital channels cheer ITV
The hard-pressed UK commercial broadcaster ITV saw its total revenue in 2006 fall by 0.7% to £2,181 million (€3,205 million), while its net advertising revenues were down by 8% to […]
Vivendi posts impressive results
Vivendi saw its net income rise by 17.9% in 2006 to reach €2.6 billion, while its earnings were up by 27.9% to €4 billion. 2006 was a particularly good year […]
Ideal Shopping extends cable reach
Homeshopping channel Ideal Shopping Direct has renewed its Freeview DTT contract and extended its cable distribution across the Virgin Media network. Carriage on the DTT network has been extended through […]
Broadband sales boost for QVC
QVC UK has reported a net sales increase of 8.4% bringing the total to £331 million. The channel is distributed on satellite, cable, DTT and also has a substantial web […]