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Irish govt reaches deal for Apple to pay EUR 13 bln in taxes into escrow fund

2018-04-24 16:47:00| Telecompaper Headlines

(Telecompaper) The Irish government announced that it's signed an agreement with Apple that will see the company pay the EUR 13 billion in taxes claimed by the European Commission into an escrow account by the end of Q3. The money for alleged illegal state aid will remain in the account until the appeal by Apple and the Irish state is heard.

Tags: into pay eur deal

Netflix reaches 125 mln subscribers after strong Q1

2018-04-17 10:00:00| Telecompaper Headlines

(Telecompaper) Netflix said it reached a first quarter record of 7.41 million streaming subscribers added, with 1.96 million coming from the US and 5.46 million elsewhere. The total number of subscribers amounted to 125 million, up from over 117 million in the previous quarter and almost 98 million a year ago, including almost 57 million in the US and over 68 million outside. The results passed company expectations of 6.3 million additions. Netflix also reached record revenue growth, pushed by its strong show at international, which now accounts for 50 percent of revenues and 55 percent of subscribers.

Tags: strong subscribers reaches q1

SES reaches 351 million TV homes worldwide

2018-04-04 10:00:22| Digital TV News

The number of video households served by SES has continued to increase, reaching 351 million TV homes in 2017 according to SESs annual market research, Satellite Monitor. This compares with 325 million households in 2016.

Tags: million ses homes worldwide

Bottled water sales dip in China as market reaches limit - Mintel study

2018-03-22 13:48:00| Daily beverage news and comment - from just-drinks.com

China's bottled water sales have declined over the past two years as saturation has hampered one of the world's biggest markets for the category, a new report has said.

Tags: sales china market study