Apple CEO Tim Cook has predicted that the “breakdown of the cable bundle” will take place at a much faster pace this year and said Apple is well placed to help usher in this change in viewing habits. Speaking on Apple’s first quarter earnings call, Cook said that Apple will participate in “a variety of […]
BT announced a 1% rise in core earnings for the first quarter thanks to stronger handset margins in its consumer business and restructuring-related cost savings. Adjusted EBITDA came to £1.80 billion (€2 billion), up from £1.785 billion a year earlier, despite underlying revenue dropping 2% year-on-year to £5.716 billion. BT attributed the revenue decline to […]
Sky recorded record entertainment audiences in its fiscal first quarter and grew its customer numbers by 51% year-on-year, helped by the launch of season seven of Game of Thrones. Announcing group results for the three months ending September 30, Sky said that it added 160,000 new customers – 90,000 in Germany and Austria, 70,000 in […]
Strong take-up of bundled offerings and growth in broadband subscribers boosted German cable operator Tele Columbus’s Q1 performance, with bundled offerings attracting new broadband and telephony customers. Overall, Tele Columbus had 3.6 million connected homes and 2.4 million customers at the end of March. Cable TV revenue-generating units numbered 2.4 million. Internet customers growing by […]
The largest pay TV providers in the US – representing 95% of the market – lost some 410,000 net video subscribers in 1Q 2017, according to Leichtman Research Group. This drop compares to a gain of about 10,000 subscribers in the first quarter of 2016, as customer gains for internet-delivered services – like Sling TV and DirecTV […]
Liberty Global added 253,000 next-generation TV subscribers in Q1, and said the UK and Germany contributed to its best first quarter video performance in the last 10 years. This was in spite of an 18% year-on-year decline in European operating income at US$431 million, with “challenging” mobile results in the UK and Belgium and “softer […]
Arris reported an 8% year-on-year drop in first quarter revenues, but said that it remains on track to achieve its full year targets. For the three months ended March 31, Arris reported revenues of US$1.48 billion (€1.36 billion) – a sequential decline of 16%. For the quarter it made a GAAP net loss of US$39 […]
Google’s parent company, Alphabet, reported large growth in both revenues and profits, driven by gains in its core advertising business. The results showed little signs of impact from YouTube’s recent ad controversy, which saw some advertisers pull budget away from the site after it was revealed that, in some instances, they appeared alongside extreme or […]
Technicolor’s first quarter revenues were down year-on-year but in line with expectations, with the company’s outlook for the year unchanged. This was according to a trading commentary published by the firm, which said that revenues were impacted negatively in Europe during Q1 due to delays in shipments to “a large customer” and the end of […]
Liberty Global-owned Belgian cable operator Telenet reported a 15% year-on-year increase in users to its subscription VOD packages, Play and Play More, in Q1 as TV customer numbers dropped. Telenet said that it ended the quarter with 361,600 SVOD package customers and attributed the increase, in part, to the revamp of its premium entertainment platform […]
