Telenor Broadcast hit by analogue radio shut-down

Telenor Broadcast’s top-line for the third quarter was hit by the shutting down of FM broadcasting in Norway and the impact of the conversion of a wholesale contract for satellite capacity that was converged into a financial lease in the second quarter. In January, Norway became the first country to shut down national analogue radio […]

Viacom joins SVOD race with Paramount+ launch

Viacom Media Networks International is joining the race among major international content players to develop their own subscription video-on-demand services with the launch of Paramount+ in the Nordic region. The new service will hold the rights to the first pay TV window for paramount Pictures’ new movies releases along with a range of catalogue films […]

Heuch replaces Haug at Telenor

Nordic telco Telenor has named Cecilie Heuch as EVP and chief people officer, effective from December 1. Heuch will succeed Erik Haug, who is leaving the company to seek new opportunities. Haug will remain in his post until Heuch joins the company. Haug has been with Telenor since 1997 and has served in roles including […]

Telenor sees Broadcast revenues slip

Norwegian telecom operator Telenor’s broadcast unit saw a 1% decline in revenues in the second quarter caused by currency effects, but grew EBITDA. Declines in its Canal Digital pay TV unit and Telenor Satellite were partly offset by growth at its Norkring domestic transmission services unit. Telenor Broadcast posted revenues of NOK1.547 billion (€165 million) […]

Telenor: Netflix accounts for 22% of broadband traffic

Norway-based teleco Telenor has revealed that Netflix now accounts for 22% of all traffic on its broadband network. Telenor said that video accounts for some 70% of broadband network traffic overall and that Netflix recently overtook YouTube and other services under the Google umbrella as the largest single source of traffic on its network. Google […]

Telenor Satellite extends deal with UPC DTH

Telenor Satellite has extended its satellite distribution agreement with UPC DTH, the Liberty Global-owned DTH pay TV operator for central and eastern Europe. According to Telenor, the new agreement is a long term multi-transponder agreement, which will continue to provide UPC DTH with satellite capacity for its broadcast traffic on the Thor 5, Thor 6 […]

Telenor Broadcast sees in tough final quarter

Norwegian telco Telenor’s Broadcast arm had a poor fourth quarter, with revenues down 6% year-on-year and EBITDA down 12%, hit by a currency impact on pay TV unit Canal Digital’s revenues and changes in its sport offering in Norway. Canal Digital DTH revenues fell by 6% to NOK1.098 billion (€124 million). EBITDA was down 22% […]

Telenor names new CFO

Norway-based telco Telenor has named Jørgen Rostrup as its new chief financial officer. Rostrup, who is currently president of Yara North America, will join the Telenor management team by November 1 at the latest. He will report to CEO Sigve Brekke. Acting CFO Morten Karlsen Sørby will assume the new role of chief transformation officer when […]

Channel One Russia taps Otrum for international hospitality market

Russian broadcaster Channel One has struck a deal with Telenor-owned hospitality industry specialist Otrum to distribute international channels Channel One Russia Worldwide and Carousel International to hotels in Europe. Channel one Russia Worldwide is distributed to 190 countries in Europe, the US, Asia, the Middle East, Transcaucasia and Australia, targeting Russian-speakers. Carousel International is the […]

Canal Digital boost for Telenor Broadcast despite subs decline

Telenor’s Canal Digital pay TV arm saw subscribers drop by 7,000 in the second quarter to reach 870,000. Canal Digital posted revenues of NOK1.165 billion (€124 million), up from NOK1.121 million thanks to currency effects. Overall, Telenor Broadcast posted revenues of NOK1.561 billion, up from NOK1.518 billion, while EBITDA rose to NOK512 million from NOK480 […]