Intelsat has reported record annual revenues of $2.183.1 billion (€13.91 bn) for the year ending December 31, 2007. However, the Bermuda-housed operator still recorded a net loss of $191.9 million.
KPN confirms interest in Belgian DTT
The Dutch incumbent telecom operator KPN is seriously interested in taking part in the Belgian DTT service, said Marcel Smith, KPN CFO. The activities would go through the Belgian operations […]
Good year for Golden Telecom
Russia’s Golden Telecom has posted a net profit of $152.6 million (€96.8 million) in 2007, or 77.9% more than in the previous year.
Kudelski buys French smart card outfit
Kudelski Group has acquired the French smart card provider EDSI.
Kartellamt okays Orion acquisition by KDG
The German competition authority Bundeskartellamt has approved the acquisition of some of the Orion cable networks by Kabel Deutschland KDG. The deal will bring 1.2 million households into the KDG […]
Filmflex sale rescues Seachange
SeaChange International moved back into the black in the fourth quarter after the VOD hardware and software provider received a $12.6 million gain on the sale of its interest in […]
Judge awards Belgacom claim against Telenet
An Antwerp judge has found in favour of a claim from Belgacom against the agreement between Telenet and the Interkabel consortium to sell their cable TV assets, according to local […]
Cisco invests in Internet TV firm Grid Networks
Cisco Systems has become a strategic investor in GridNetworks. In total, GridNetworks raised a total of $9.5 million in its Series A financing.
Entriq merges with Dayport
Digital media specialist Entriq is to merge with Dayport as the two companies bring together their respective services in the online video distribution market.
Invitel boosts HTCC figures
Hungarian Telephone and Cable Corp. (HTCC) has posted revenues of $385.2 million (€253.5 million) for 2007, up 103% on the previous year.