Light Reading

Euronews: TV Sport Boosts BT's Q3

Paul Rainford
1/31/2014
50%
50%

Also in today's EMEA regional roundup: Altice IPO; EC inspects Telefónica/E-Plus merger; Vodafone meets 3G obligations.

  • BT Group plc (NYSE: BT; London: BTA)'s foray into the world of top-dollar sports content on its pay-TV service seems to be paying off for the UK giant, with revenues up 2% to £4.59 billion (US$7.56 billion) in its fiscal third quarter and profits up 6% to £617 million ($1.01 billion). Its BT Sport customer base passed 2.5 million subscribers in the quarter, while 228,000 residential fiber broadband customers were added, bringing the total of FTTX connections up to 1.9 million. It's a less rosy picture in the Wholesale division, where revenue slumped 9% to £539 million ($887 million) for various reasons, not least the termination of a major contract with the Post Office and lower levels of network build from some of its customers. (See BT Reports Fiscal Q3 and BT's Got Balls.)

  • French cable and telecom services holding company Altice has begun trading on the Euronext Amsterdam exchange with a launch share price of €28.25. The IPO, which has seen 22.8% of the company's total stock being available to public investors, raised €1.3 billion ($1.7 billion) in total, with about €750 million ($1.01 billion) going to the company and €555 million ($752 million) to Next LP, a company owned by Altice executive chairman Patrick Drahi. The IPO values the company at more than €5.7 billion, which, according to Altice, makes this the "largest ever IPO of a cable operator in EMEA." Altice holds a 40% stake in French cable operator Numericable-SFR but plans to increase that holding to take a controlling stake, and also has a presence in Israel, Belgium, Luxembourg, Portugal, Switzerland, the French West Indies, and the Dominican Republic. By late morning on its first day of trading, Altice's shares were up by 2.8% to €29.05.

  • The European Commission has slapped down the German regulator and is insisting that it will be the suits in Brussels, and not those in Bonn, who will pronounce on the proposed acquisition of E-Plus Service GmbH & Co. KG by Telefónica Deutschland GmbH . Germany had put in a request that the matter be referred to its own competition authority, but the Commission haughtily concluded that it was more experienced in such matters. It has to make a final decision on the proposed acquisition by May 14. If the acquisition goes ahead, it will reduce the number of mobile operators in Germany from four to three -- hence the disquiet in some quarters. (See Euronews: KPN to Sell E-Plus for €8.1B.)

  • Vodafone Group plc (NYSE: VOD) has received the thumbs-up from UK regulator Ofcom for finally meeting its 3G coverage obligations. In November Ofcom had said that all the UK mobile operators bar Vodafone had met their obligation to cover 90% of UK homes by June 2013. To pass muster, Vodafone had to upgrade 129 mobile transmitter sites.

  • Following the news that Ericsson AB (Nasdaq: ERIC) CEO Hans Vestberg had ruled himself out from the soon-to-be-vacant Microsoft Corp. (Nasdaq: MSFT) CEO job, it seems like a Chosen One has at last emerged: Bloomberg reports that Satya Nadella, currently Microsoft's enterprise and cloud chief, is the new Steve Ballmer. But with a bit more hair.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (2)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    DOShea
    50%
    50%
    DOShea,
    User Rank: Blogger
    1/31/2014 | 10:38:27 PM
    Nadella
    Nadella reportedly has been leading a lot of the cloud efforts at Microsoft, which i guess is where you want to place your bets if you look internally for a new leader.
    albreznick
    50%
    50%
    albreznick,
    User Rank: Blogger
    1/31/2014 | 8:34:17 PM
    Altice
    So Altive is making a killing onthe IPO, eh? I wonder of Numericable will share in the benefits of that at all. I'll bet their plant could stand a little investment these days. Any word on that, Paul?   
    Educational Resources
    sponsor supplied content
    Educational Resources Archive
    Flash Poll
    From The Founder
    Network architects aiming to upgrade their networks to support agile, open, virtualized services in the 21st century need to consider new criteria when choosing between technology suppliers.
    Live Streaming Video
    BTE 2015 Sponsor Keynote: HP
    Dr. Prodip Sen, CTO, Network Functions Virtualization, HP
    LRTV Documentaries
    IoT in Action

    6|30|15   |   1:39   |   (3) comments


    Two co-workers discuss the benefits of IoT technology.
    LRTV Interviews
    Ericsson Opens Up on OPNFV

    6|30|15   |   14:16   |   (0) comments


    Martin Bäckström, VP and head of industry area Datacom at Ericsson, talks to Light Reading founder and CEO Steve Saunders about the emergence of OPNFV, the importance of standards and Ericsson's OPNFV plans.
    LRTV Custom TV
    NetNumber Founder Discusses NFV/SDN Impact on SP Networks

    6|26|15   |   4:15   |   (0) comments


    NetNumber Founder Doug Ranalli examines why SPs need a new network infrastructure for service agility. While NFV and SDN are the tools, the old ways of thinking about signaling control are inhibitors. Doug provides his recommendations.
    LRTV Custom TV
    Orchestrating NFV vCPE Services Across Multivendor Networks

    6|26|15   |   5:46   |   (0) comments


    Nirav Modi provides an overview of vCPE, the fastest-growing NFV use case, showing how Cyan's Blue Planet orchestrates vCPE services across a multivendor infrastructure to rapidly deliver new managed services for business customers.
    LRTV Custom TV
    ZTE at LTE Summit Amsterdam 2015

    6|26|15   |     |   (0) comments


    As one of the leading global telecommunications providers, ZTE presented its cutting-edge technology at LTE World Summit 2015 in Amsterdam. On display at ZTE's booth were the latest R&D achievements in wireless, 5G development, HetNet, deep convergence of FDD and TDD, and RCS/IMD/iSDN/vCN.
    LRTV Documentaries
    OPNFV Director Opens Up on Women in Tech

    6|25|15   |   3:25   |   (0) comments


    Heather Kirksey, the director of the OPNFV, gets real about the gender disparity in open source and standards and discusses how we can change both the conversation and the gender dynamics.
    LRTV Custom TV
    Symantec's Service Provider Security Strategy

    6|24|15   |   7:06   |   (0) comments


    Didi Dayton explores Symantec's emerging enterprise security strategies for service providers. Highlights include 'killing the password,' self-defense, advanced analytics and adaptive response in a service provider architecture.
    Between the CEOs
    Debating Network Evolution With Cisco's Cedrik Neike

    6|23|15   |   12:54   |   (2) comments


    Cedrik Neike, SVP of Global Service Provider, Service Delivery, at Cisco, talks to Light Reading founder and CEO Steve Saunders about solving service provider customer problems in a virtualized, DevOps world, including multivendor support and the future of network procurement.
    LRTV Documentaries
    Vodafone: What's Good for Moms Is Good for Business

    6|23|15   |   3:04   |   (3) comments


    Megan Doberneck, the general counsel for Vodafone Americas, discusses her company's progressive maternity policy, explains why promoting women in tech is good business and offers some some good advice for any women in the industry.
    LRTV Interviews
    NFV: Ready for Prime Time

    6|23|15   |   05:09   |   (1) comment


    At BTE 2015, Vip mobile CTO Dejan Kastelic talks about how NFV is ready for the real world and how Telekom Austria is introducing centralized resources for its group operations.
    LRTV Documentaries
    Tykes Talk Tech

    6|22|15   |   02:30   |   (9) comments


    What does optical fiber look like? When will 5G arrive? What's the WiFi password at Ikea? Light Reading sat down with three 8-year-olds to answer some of the communications industry's most burning questions...
    LRTV Huawei Video Resource Center
    Huawei Partners With TDC for World's First Early DOCSIS 3.1 Field Test

    6|22|15   |   3:06   |   (0) comments


    In a move to enhance user experience, Denmark's TDC aims to become an early adopter of DOCSIS 3.1. In partnership with Huawei, TDC recently ran the world's first field tests on its coax network that reached speeds nearing 1 Gbit/s.
    Upcoming Live Events
    September 16-17, 2015, The Westin Galleria Dallas, Dallas, TX
    September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
    October 6, 2015, The Westin Peachtree Plaza, Atlanta, GA
    October 6, 2015, Westin Peachtree Plaza, Atlanta, GA
    October 14-15, 2015, New Orleans Ernest N. Morial Convention Center, New Orleans, LA
    All Upcoming Live Events
    Infographics
    Hot Topics
    Staying Productive With My Office-in-a-Bag
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 6/25/2015
    WiFi Calling Catches on Globally
    Sarah Thomas, Editorial Operations Director, 6/23/2015
    Who's Feeding Fiber to LinkNYC Hotspots?
    Mari Silbey, Senior Editor, Cable/Video, 6/29/2015
    First Net Neutrality Complaint Hits TWC
    Mari Silbey, Senior Editor, Cable/Video, 6/23/2015
    Like Us on Facebook
    Twitter Feed
    Webinar Archive
    BETWEEN THE CEOs - Executive Interviews
    Casa Systems has been going from strength to strength over the last couple of years. In 2013, it became the first vendor to ship an integrated CCAP device -- the ...
    Cedrik Neike, SVP of Global Service Provider, Service Delivery, at Cisco, talks to Light Reading founder and CEO Steve Saunders about solving service provider customer problems in a virtualized, DevOps world, including multivendor support and the future of network procurement.
    Cats with Phones