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Liberty Global revenues up 4.2% in Q1 as subscriber growth slows

2018-05-09 07:41:00| Telecompaper Headlines

(Telecompaper) Liberty Global saw its revenue growth improve in the first quarter, thanks to a strong performance in Germany and the UK. On an organic basis, revenue rose 4.2 percent year-on-year to USD 4.2 billion, and operating cash flow was up 4.7 percent to USD 1.9 billion. The cable company maintained its outlook for OCF organic growth of around 5 percent over the full year. 

Tags: global growth revenues subscriber


Toshiba may abandon memory chip sale to Bain consortium - report

2018-05-08 14:57:00| Telecompaper Headlines

(Telecompaper) Toshiba has "mostly given up" on its agreed sale of its memory chip unit, as Chinese competition clearance appears increasingly unlikely, the Wall Street Journal reported citing people involved in the matter. The company is considering alternatives to selling the unit to the Bain-led consortium.

Tags: report sale memory toshiba


HTC returns to net profit in Q1 after asset sale to Google

2018-05-08 13:47:00| Telecompaper Headlines

(Telecompaper) HTC reported a return to net profit in the first quarter, of TWD 21.1 billion versus a loss of TWD 2.1 billion in the year-earlier period. The result was helped by a gain on the sale of assets to Google, completed at the end of January.

Tags: to net sale google


Unitymedia activates first gigabit Docsis 3.1 connections in Bochum

2018-05-08 12:25:00| Telecompaper Headlines

(Telecompaper) Unitymedia's Gigabit-Internet package is available for private customers immediately. Customer who register for the tariff with speeds of 1 Gbps download and 50 Mbps upload by 31 July will pay EUR 49.99 per month over 24 months. Customers who register for the package after 31 July pay the regular monthly tariff of EUR 109.99. Unitymedia said business customers will be able to sign up for the company's gigabit tariffs "from the middle of this year."

Tags: in connections bochum gigabit


Comcast preparing new cash bid for Fox media assets - report

2018-05-08 09:31:00| Telecompaper Headlines

(Telecompaper) US cable operator Comcast is seeking new financing to launch an all-cash bid for the media assets that 21st Century Fox has agreed to sell to Disney, three people familiar with the matter told Reuters. The expansion in its media assets is seen as an effort to compete with AT&T, if the latter is successful in its takeover of Time Warner.

Tags: report media cash bid


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