& cplSiteName &

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?   
    From The Founder
    The independent evaluation of Nokia's key virtual network functions (VNFs) was a defining moment for the Finnish giant.
    Flash Poll
    Live Streaming Video
    Charting the CSP's Future
    Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
    Women in Comms Introduction Videos
    Nokia's Advancement Plan: Bring Old Skills to New Roles

    6|29|16   |   7:57   |   (1) comment


    Nokia's Sandy Motley advises women to change their mindsets; get aggressive about advancing their careers; develop strong, diverse support networks; and always bring forth learned skills to take on new challenges and different roles.
    Between the CEOs
    CEO Chat: Cisco's Yvette Kanouff

    6|28|16   |     |   (0) comments


    In Silicon Valley, Steve Saunders sits down with Cisco's Yvette Kanouff for an exclusive in-depth interview.
    LRTV Interviews
    Comcast: Prepping Next-Gen Video Services

    6|28|16   |     |   (0) comments


    In this LRTV interview, Comcast's Elad Nafshi outlines where MSO stands with cloud DVR, OTT video, college and gigabit services.
    LRTV Custom TV
    Energy 2020: Creating Unique Standards for Cable's Unique Networks

    6|28|16   |   09:30   |   (0) comments


    Cable's unique network requirements require a specific set of standards for operators to increase power efficiency, according to Dan Cooper, vice president of critical infrastructure for Charter Communications and chair of the SCTE/ISBE Standards Program's Energy Management Subcommittee, and Ian Oliver, managing director of the Trenchant Group and a member of the ...
    LRTV Custom TV
    Masergy: 'Now Is the Time for NFV'

    6|28|16   |     |   (0) comments


    Hear Ray Watson, VP of Global Technology at Masergy, talk about the advantages that enterprises can leverage using Network Function Virtualization (NFV), and how Masergy takes a unique approach to solving customers' problems. For more information on Masergy, please visit www.masergy.com.
    LRTV Custom TV
    Masergy Leads the Charge With NFV Capabilities

    6|28|16   |     |   (0) comments


    Hear Tim Naramore, CTO at Masergy, talk about how focusing on solving specific customer challenges, providing self-service automation tools and being laser focused on the customer experience has enabled Masergy to be a leader in the NFV space. For more information on Masergy, please visit www.masergy.com.
    LRTV Custom TV
    Private Company of the Year - Affirmed Networks

    6|27|16   |     |   (0) comments


    At BCE 2016, Steve Saunders speaks to Hassan Ahmed about Affirmed's success.
    LRTV Custom TV
    Energy 2020: Growing Services, Not Consumption

    6|24|16   |   07:18   |   (0) comments


    Management of power requirements needs to be a key consideration as cable operators deploy new services, says Dan Cooper, vice president of critical infrastructure for Charter Communications and chair of the SCTE/ISBE Standards Program's Energy Management Subcommittee. In this video, Cooper discusses the importance of cable operators and technology partners ...
    LRTV Huawei Video Resource Center
    Huawei & TDC First to Launch DOCSIS 3.1 Trial in Europe

    6|24|16   |     |   (0) comments


    To meet the rising demands for high-speed broadband and to tackle fierce competition for 1.5 million household, TDC wanted to upgrade its network to use the latest technology. Using Huawei's DOCSIS 3.1 solution, TDC is now able to offer gigabit speeds to its customers.
    LRTV Documentaries
    OPNFV Summit: Key Takeaways

    6|22|16   |   03:28   |   (0) comments


    MANO shortfalls, an increasingly bloated open source ecosystem and the cultural challenges for network operators were among the key takeaways from the OPNFV Summit in Berlin.
    LRTV Huawei Video Resource Center
    Bringing Ultra Broadband to the South Pacific

    6|22|16   |   7:55   |   (0) comments


    At Singapore's UBBS 2016 summit, Light Reading speaks to Lim Chee Siong, Huawei's CMO in the South Pacific Region.
    LRTV Custom TV
    Juniper's NFV Platform

    6|22|16   |     |   (0) comments


    A telco cloud is a key enabler for service providers to deliver virtualized services to their customers. Juniper has a differentiated approach with an open and comprehensive NFV platform to build the cloud of the future for multiple use cases.
    Upcoming Live Events
    September 13-14, 2016, The Curtis Hotel, Denver, CO
    November 3, 2016, The Montcalm Marble Arch, London
    November 30, 2016, The Westin Times Square, New York City
    December 6-8, 2016,
    May 16-17, 2017, Austin Convention Center, Austin, TX
    All Upcoming Live Events
    Infographics
    A new survey conducted by Heavy Reading and TM Forum shows that CSPs around the world see the move to digital operations as a necessary part of their overall virtualization strategies.
    Hot Topics
    'Brexit' Vote Hits BT, Vodafone
    Iain Morris, News Editor, 6/24/2016
    Brexit: It's Hard to See an Upside
    Ray Le Maistre, Editor-in-chief, 6/29/2016
    Qualcomm Readies Lower-Band 5G Testbed
    Dan Jones, Mobile Editor, 6/27/2016
    Sigfox Said to Face Customer Backlash
    Iain Morris, News Editor, 6/27/2016
    Google Fiber Buys Webpass in Wireless Play
    Iain Morris, News Editor, 6/23/2016
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    In Silicon Valley, Steve Saunders sits down with Cisco's Yvette Kanouff for an exclusive in-depth interview.
    At the BCE 2016 show in Austin, ECI Telecom CEO Darryl Edwards tells Light Reading founder and CEO about the Elastic Network concept and the company's NFV and cybersecurity developments.
    Animals with Phones
    Live Digital Audio

    Our world has evolved through innovation from the Industrial Revolution of the 1740s to the information age, and it is now entering the Fourth Industrial Revolution, driven by technology. Technology is driving a paradigm shift in the way digital solutions deliver a connected world, changing the way we live, communicate and provide solutions. It can have a powerful impact on how we tackle some of the world’s most pressing problems. In this radio show, Caroline Dowling, President of Communications Infrastructure & Enterprise Computing at Flex, will join Women in Comms Director Sarah Thomas to discuss the impact technology has on society and how it can be a game-changer across the globe; improving lives and creating a smarter world. Dowling, a Cork, Ireland, native and graduate of Harvard Business School's Advanced Management Program, will also discuss her experience managing an international team focused on innovation in an age of high-speed change.