Telewest Communications’ chief executive, Adam Singer, has been abruptly ousted from the cable operator’s Board following what the Financial Times describes as a ‘boardroom coup’. Singer was ‘forced’ to resign by non-executive directors at the company, according to reports. Taking the helm at the heavily indebted cable group is previous finance director, Charles Burdick, who… Continue reading Telewest Chief Executive Removed In ‘Boardroom Coup’

UK cable operator, Telewest Communications, has this morning posted its first half financials, after a period which newly-installed managing director, Charles Burdick, described as a ‘tough quarter’. Burdick has just taken over the top position at the indebted business, after previous chief executive, Adam Singer, was ousted by the Board (see Telewest Chief Executive Removed… Continue reading Loss Narrows As Broadband Grows At Telewest

China has overtaken Japan to become the world’s second most active web audience, according to e-business intelligence provider, WebSideStory. The world’s most populous country accounted for 6.63% of all global internet traffic in July. Despite technological superiority and a larger number of individual users than China, Japan is now only third in the standings with… Continue reading Chinese Flocking To The Web While US Share Falls

Radio advertising revenue in the UK rose by 2.1% to £139 million in the second quarter of the year, according to new data released by the Radio Advertising Bureau (RAB). This is the second quarter of growth in a row for the radio industry, after Q1 2002 showed a 0.5% rise in advertising spend (see… Continue reading UK Radio Advertising Shows Second Successive Quarter Of Growth

The UK’s predominant pay-TV company, BSkyB has declared its intention to build on its 6.1 million subscriber base and deliver services to every household in the country. Bouyed by yesterday’s announcement of a 20% increase in revenues for the last financial year (see BSkyB Results Beat Expectations With 6.1m Customers Now Signed), Tony Ball, chief… Continue reading BSkyB Sees No Limits In The Race For Subscribers

The advertising market is now showing some signs of improvement, albeit tentative. At the beginning of the month, Doug Flynn, CEO of ad network Aegis, said that the market is improving more quickly than had been predicted just a few months earlier. Flynn is in a good position to call market changes, according to ABN… Continue reading Insight Analysis: Media Healthcheck – July 2002

The fledgling US wireless advertising market will undergo significant expansion in the next few years, according to a new report from Jupiter Research. Whereas European advertisers are predicted to spend $53 million on mobile campaigns in 2002, the North American market remains relatively underdeveloped. Indeed, it is only recently that US companies have had the… Continue reading US Mobile Advertising Ready To Boom

Public wireless local area networks (WLANs) will be used by 20% of 3G business users by 2005, according to a new study from the UMTS Forum. Impact & Opportunity: Public Wireless LANs and 3G Business Revenues reiterates the sentiments of a recent Yankee Group report which claimed that WLAN should be seen as complementing rather… Continue reading WLAN Set To Augment 3G Revenues

BSkyB’s full-year financial results, released this morning, have beaten analysts’ expectations, with 214,000 subscribers added in Q4, taking the total to 6.1 million. This is around 40,000 customers more than consensus growth estimates. The customer growth figures imply a strong customer uptake from the failed ITV Digital business, according to analysts at ABN Amro. Average… Continue reading BSkyB Results Beat Expectations With 6.1m Customers Now Signed

Europe’s largest outdoor advertising contractor, JCDecaux has released half-year results showing a 0.9% decrease in advertising revenues. Overall revenue growth for the first six months of 2002 came to 3.3% with street furniture generating growth of 3.9% to E413 million. Revenue from billboard units also increased by 1.4% to E202 million. On the downside, revenues… Continue reading JCDecaux Reveals Falling Revenues