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Telenet drops dividend

2014-09-25 08:55:00| Telecompaper Headlines

(Telecompaper) Belgian cable operator Telenet announced it has decided not to propose any dividend, due to the "current operating environment". The company said it remains committed to shareholder returns in line with its long-term net debt to EBITDA target. The announcement follows a downgrade in the operator's annual outlook at its interim report in July. Telenet cut the sales growth outlook to 4-5 percent, compared to 6-7 percent previously, due mainly to a slowdown in the mobile market, while maintaining its forecast for adjusted EBITDA up 5-6 percent. The company also recently announced a major investment programme to upgrade speeds on its network as well as significant investments in content, amid the arrival of Netflix on the Belgian market. 

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Telenet adds 19,200 digital TV subscribers in Q2 2014

2014-07-31 09:30:04| Digital TV News

Telenet (Brussels: TNET) has announced results for the six months ended June 30, 2014. At June 30, 2014, the company served 1,528,300 digital TV customers (+5% year-on-year) having added 19,200 net digital TV subscribers in Q2 2014.

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Court overturns Telenet contract for Interkabel network

2014-05-28 10:23:00| Telecompaper Headlines

(Telecompaper) Belgacom has won an appeal against Telenet's contract to offer internet services over the Interkabel networks in Flanders. The cities Hasselt, Antwerp-Hoboken, Torhout and Lubbeek bundled their cable networks into the Interkabel alliance. Telenet was granted the right to offer internet services on the network in 2008, after earlier getting the TV rights in 1996. The Belgian Council of State ruled that it was unlawful to grant the internet rights to Telenet without allowing other providers to make a bid for the contract, notably Belgacom. The case has been in court since 2008. An opinion by the European Court of Justice in November 2013 provided a breakthrough for Belgacom. In practice, Telenet has continued to provide all the digital services on the network; analogue TV is provided by the local utility companies. The contract may be opened up to tender again, but an analysis of the local market must first be conducted. Since 2011, both Belgacom and Telenet are subject to access regulations, but appeals are still pending against these decisions. 

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TeleNet Marketing Grows for Ninth Year in a Row

2014-01-16 21:57:42| Logistics - Topix.net

To lead the expanded staff, TeleNet has added a program manager, trainer and five more call center supervisors.

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Telenet chooses Comtrend powerline ethernet adapters

2014-01-14 16:30:48| Digital TV News

Sigma Designs (NASDAQ: SIGM) and Comtrend have announced that Belgium's Telenet will deploy Comtrend's Powerline Ethernet Adapters, PG 9042s based on Sigma Designs' HomePlug AV with ClearPath technology.

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