It's a Nordic one-two today as TeliaSonera
announced third-quarter results in line with analysts' expectations -- EBITDA (earnings before interest, taxes, depreciation and amortization) up 0.5 percent at 9.8 billion Swedish Kroner ($1.5 billion) -- while rival Tele2 saw strong growth in Russia help push its third-quarter EBITDA up by 8 percent, excluding exchange rate differences. The Central and Eastern Europe region continues to be a stong focus for both operators. (See TeliaSonera Reports Q3, Tele2 Reports Q3 and TeliaSonera v. Tele2.)
Global asset management firm The Carlyle Group The Carlyle Group LLC has acquired 85 percent of Telecable, a Spanish operator with 156,000 fixed, mobile and Internet customers. The transaction values Oviedo-based Telecable at €400 million ($554 million).
Sky , the U.K. satellite broadcaster and broadband provider, has had a strong fiscal first quarter, reporting operating profits up 32 percent year-on-year. SkyGo, its TV-on-mobile-device offer, has proved a hit, with 1.6 million customers signing up for it in its first three months of operation. (See BSkyB Reports Full Year.)