Canal Digital has secured its best quarter since autumn 2008. In the mature Scandinavian market the Telenor-owned operator lost just 2,000 DTH subscribers while achieving a 20% growth in its EBITDA from a series of cost measures.
Modern Times Group CEO Hans Holger Albrecht says it is no longer interested in a merger or takeover of Nordic DTH rival Canal Digital.
Telenor and UPC Direct have entered into a strategic partnership under which they are making some of their services available in discount-rate bundles as of tomorrow (June 5).
Telenor has increased its stake in the Russian telco VimpelCom.
Telenor has posted strong growth figures for both Q3 and the first three quarters of this year. However, its broadcast division saw a year-on-year dip in revenues, with DTH and cable subscriber figures also slightly down.
Telenor has announced a major reorganization aimed at delivering an always-on consumer experience.
Telenor Satellite Broadcasting has announced that it has signed a contract with Space Systems/ Loral for the construction and delivery of its new geosynchronous communications satellite to be called Thor 7 and positioned at 1 degree West.
Norwegian public broadcaster NRK seems to have struck the right chord with a five-day long Hurtigruten live broadcast covering the famous sea route along the Norwegian coast.
Telenor Satellite Broadcasting is to expand its capacity at one degree West with the launch of a new satellite. Thor 7, which will feature both Ku- and Ka-band transponders, is slated for launch towards the end of 2013 and is expected to have a lifespan of between 15 and 20 years.
Increased ARPU helped offset the continued subscriber loss for Canal Digital’s DTH business in the third quarter.