& 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.
    LRTV Custom TV
    Cisco's Innovations in Cable

    5|26|16   |   03:18   |   (0) comments


    Marc Aldrich from Cisco discusses the latest in security, the evolution and momentum for CCAP and what the industry will be seeing next from Cisco.
    LRTV Documentaries
    Leading Lights 2016 Highlights

    5|25|16   |   02:26   |   (1) comment


    Some of the high points from this year's Leading Lights awards dinner at the Hotel Ella in Austin, Texas.
    LRTV Documentaries
    Light Reading Hall of Fame 2016

    5|23|16   |   05:43   |   (0) comments


    Find out who has been welcomed into Light Reading's Hall of Fame this year.
    LRTV Custom TV
    ZTE TM Forum Highlights

    5|23|16   |     |   (0) comments


    ZTE showcased its new ICT solutions at TM Forum in Nice.
    LRTV Interviews
    Gamma's MD on the Emergence of UC2

    5|20|16   |     |   (0) comments


    Gamma Communications Managing Director David Macfarlane believes the unified communications (UC) market has reached a tipping point.
    LRTV Custom TV
    The Ultimate 5-Minute Guide to Digital Customer Engagement

    5|20|16   |     |   (0) comments


    In this short video, you will hear all about how Digital Customer Engagement is the key to meeting customer expectations, keeping them happy, and maximizing revenue. VP Product & Marketing at Pontis, Ofer Razon, breaks down for us the five essential capabilities for successful Digital Customer Engagement. Don’t miss!
    LRTV Custom TV
    NFV in 2016: Part 1 – NFV Use Cases Get Real

    5|19|16   |   05:57   |   (0) comments


    Consensus is building around the key use cases for NFV, including managed IP services at the network edge and on customer premises, which can generate new revenues from enterprises/SMBs and consumers; Evolved Packet Core to support LTE migration; and adjacent technologies, such as TAS and IMS, to support VoLTE and next-generation charging and policy control ...
    LRTV Custom TV
    Nokia's Steve Vogelsang on NFV – Part 3

    5|19|16   |     |   (0) comments


    Steve Vogelsang discusses the challenges of operational transformation and how Nokia helps its customers. Join Steve at the Big Communications Event in Austin the morning of May 24, on his keynote and optical networking panel.
    LRTV Interviews
    Level 3: Why UC Is In Demand

    5|17|16   |   04:12   |   (1) comment


    Andrew Edison, Level 3's senior VP of sales, EMEA region, talks about the drivers of growth in the unified communications services market.
    LRTV Custom TV
    ARM's OPNFV Action

    5|17|16   |     |   (0) comments


    At the ARM booth at MWC 2016, Joe Kidder and Bob Monkman speak to Light Reading about OPNFV and their upcoming action.
    LRTV Custom TV
    Nokia's Steve Vogelsang on NFV – Part 2

    5|16|16   |     |   (0) comments


    Steve Vogelsang gives advice to service providers on how to move to NFV. Join Steve at the Big Communications Event in Austin the morning of May 24, on his keynote and optical networking panel.
    LRTV Interviews
    Interoute CTO on NFV's Maturity

    5|13|16   |   06:46   |   (1) comment


    Matt Finnie, CTO at international operator Interoute, explains how NFV has made life easier in terms of logistics and how Interoute can now enable a 'software-defined moment' for its customers.
    Upcoming Live Events
    September 13-14, 2016, The Curtis Hotel, Denver, CO
    December 6-8, 2016,
    June 16-18, 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
    DT: Telcos Must Escape Vendor Prison
    Iain Morris, News Editor, 5/24/2016
    AT&T to Start 5G 'Friendly' Trial by 2016 End
    Dan Jones, Mobile Editor, 5/24/2016
    Cisco's Patel Hails 'Microculture' Successes
    Iain Morris, News Editor, 5/26/2016
    AT&T's Margaret Chiosi Retires
    Ray Le Maistre, Editor-in-chief, 5/25/2016
    Cable Is Eyeing Its Retail Options
    Mari Silbey, Senior Editor, Cable/Video, 5/25/2016
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    In this latest installment of the CEO Chat series, Craig Labovitz, co-founder and CEO of Deepfield, sits down with Light Reading's Steve Saunders in Light Reading's New York City office to discuss how Deepfield fits in with the big data trend and more.
    Grant van Rooyen, president and CEO of Cologix, sits down with Steve Saunders, founder and CEO of Light Reading, in the vendor's New Jersey facility to offer an inside look at the company's success story and discuss the importance of security in the telecom industry.
    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.