SES president and CEO Romain Bausch has warned the satellite operator might still be impacted by the current negative position of the global markets. This despite a strong first quarter […]
Türk Telekom posts mixed results
Türk Telekom has posted revenues of TL2.508 billion (€1.180 billion) for Q1 2009, or 4% more than in the same period last year.
Inuk sold to Move Networks
Inuk, the student focussed IPTV operator, has been sold to Move Networks for an undisclosed fee.
Telecom Italia receives HanseNet offers
Spain’s Telefonica and Germany’s United Internet have placed a first round non-binding offers to acquire Telecom Italia’s Hamburg based subsidiary Hansenet, according to a report by Reuters.
Platform n to post losses
The Polish DTH platform n is set to post losses of PLN742.7 million (€) for 2008, according to Satkurier.
SES-Astra and Yahsat start Middle East venture
SES Astra has entered into a partnership with the Arabic satellite operator Al Yah Satellite Communications Company (Yahsat) to create a new company operating under the YahLive brand.
Philips sells Pace stake
Philips Electronics has sold its 17% stake in set-top box manufacturer Pace after the company waived the lock-up period previously set for April 21, 2009.
Premiere faces legal action
The Munich law firm CLLB has started legal action against the pay-TV operator Premiere on behalf of two of its shareholders by filing complaints with the Landgericht Frankfurt.
Cabovisão in €247m writedown
Cabovisão’s Canadian owner Cogeco has been forced to make a C$399.6 million (€247.05m) writedown as competitive pressures continued to take their toll on the Portuguese cablenet.
ProSiebenSat.1 to shed web services
The German private broadcaster ProSiebenSat.1 is to sell the web services that are not part of its core business.