Wireless communications spending in the US will continue to grow in 2002 reaching $116 billion according to the report 2002 Telecommunications Market Review and Forecast from the US Telecommunications Industry Association (TIA). This represents an increase of 8.5% in 2001 despite the economic slowdown. Consumer spending on wireless services is expected to increase by 20%,… Continue reading US Wireless Communications Spending To Grow 8.5% In 2002, Says TIA
ARCHIVE ▸ The Media Leader Staff
According to reports in this morning’s press, ITV Digital may be closed as soon as next Monday unless Carlton and Granada pledge more money to keep the service afloat. Figures released to the Football League by the High Court, as part of their attempt to recover rights money owed by ITV Digital, supposedly reveal that… Continue reading ITV Digital Could Be Closed By Monday
NTL may avoid forced liquidation (see NTL May Take Temporary Bankruptcy As Refinancing Is Finalised), according to report on FT.com today, which claims that the indebted cable group could sign a deal with its bondholders as early as this week. The paper reports that a debt-for-equity swap with the bondholders is now on the table;… Continue reading NTL Is Close To Refinancing, Says Report
Reed International and Elsevier NV chairman, Morris Tabaksblat, this morning told the Reed Elsevier AGM that trading conditions have changed very little since the group released its financial results in February (see Reed Delivers Strong Results And Reaffirms Growth Expectations For 2002). Tabaksblat reiterated the double-digit earnings and revenue market-outperformance targets for the Anglo-Dutch publishing… Continue reading Little Change In Trading Since February, Says Reed Elsevier
“British firms are guilty of taking a short-term, quick fix approach to cost-cutting, characterised by investment cuts, recruitment freezes and staff layoffs,” according to a new global study from PricewaterhouseCoopers, published today. Demonstrating the short-termism in British business’ actions, the research reports that two-thirds (66%) of UK chief financial officers – the highest in the… Continue reading British Firms Guilty Of Short-Termist Cost Cutting, Finds PWC Survey
Mobile services will generate E97 billion in revenue across Western Europe in 2002, just 4% more than in 2001, according to new research by Analysys. Mobile services revenue rose 12% in 2001 but the growth rate has now decreased thanks to fewer new subscribers and a drop in average revenue per user (ARPU). The report,… Continue reading Mobile Services Revenue Will Reach E135 billion In 2007, says Analysys
NTL has taken the first step towards the provision of a digital TV signal that can be received by moving vehicles, with the completion of a successful trial of the technology, which utilises the existing frequency spectrum. NTL’s trials of a rugged form of the established DVB-T transmission took place in the Oxford area. A… Continue reading NTL Trials Digital TV On The Move
Kirch Media has today filed a bankruptcy order with the German courts following months of financial malaise and increasing pressure from banks and investors (see Kirch Sell Off Begins). Last ditch attempts to rescue the company including talks with minority shareholders Rupert Murdoch and Silvio Berlusconi, from insolvency have failed. Kirch Gruppe’s debts are thought… Continue reading KirchMedia Files For Bankruptcy Signalling The Demise Of The Kirch Empire
According to figures ‘leaked’ to the Sunday Times the current slump in commercial TV revenue is about to end. A report in yesterday’s newspaper included forecasts for TV revenue showing a predicted 11.6% increase for May and a 7% increase for June. Following a decrease of around 13% in January and February the forecasts seem… Continue reading Leaked Figures Forecast End Of TV Slump
The latest results from the quarterly Barclays Internet Index reveal that online confidence has risen yet again to an all time high. Internet usage has remained at 46% over the last three months whilst confidence has been increasing steadily since August 2001 according to the bank. Internet users are conducting more complex day-to-day tasks –… Continue reading Barclays Says Confidence In Online Banking Is At All Time High