The number of DSL (digital subscriber line) customers worldwide reached 10 million at the end of June 2001, according to a new report released last week by Point Topic. This represents growth of 354% over the last twelve months. DSL is a system of delivering high-bandwidth (broadband) data to homes and businesses via an ordinary… Continue reading Worldwide DSL Users Breaks 10m Mark

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Shares in ITV companies began to fall this morning as analysts at Merrill Lynch cut their forecasts for the Network’s advertising revenues. Reports quote the broker as pulling back 2001 growth from -14.5% to -15.5%; 2002 figures are understood to have been revised from -2.0% to -2.5%. Poor advance bookings for December are thought to… Continue reading ITV Stock Hit By Merrill Lynch Downgrades

Regional newspaper publisher Johnston Press has formally requested that the acquisition of eight titles from rival publishing group, Trinity Mirror, be investigated by the Competition Commission (CC). The move follows competition minister Melanie Johnson’s decision not to allow the deal to go ahead without a CC investigation (see Johnston Considers Requesting Regulator Approval For Trinity… Continue reading Johnston Press Refers Free Trinity Papers Acquisition To Competition Commission

In a statement this morning WPP announced that it had extended the deadline on its Tempus offer until midnight on 29 October whilst discussions with the Takeover Panel continue. WPP has sought to invoke the ‘material adverse change’ clause in its initial offer following the terrorist attacks on the US which, it claims, seriously damaged… Continue reading WPP Extends Tempus Offer Pending Takeover Panel Decision

Access to the internet via a set-top box, whilst still relatively unusual at present, is set to grow from 6.9 million units to over 74 million in the US by 2005, according to research from Cahners In-Stat Group published in September. The research firm projects that, as broadband penetration rates and consumer requests for iTV… Continue reading US Set-Top Box Net Access To Grow 61% To 2005

Forty-one percent of online households in the US will subscribe to a broadband internet connection service by 2006, according to two US broadband reports released by Jupiter Media Metrix last week. The data show a fast rise in broadband Net access from the 9% of homes currently connected in 2000. The term broadband refers to… Continue reading US Broadband Internet Penetration To Reach 41% By 2006

A new report from Jupiter MMXI has highlighted the growth in internet usage since the research group began recording data at the end of 1999. The number of monthly home users in the UK has grown from 7.8 million in October 1999 to 13.5 million in January 2001. The number of minutes spent online each… Continue reading Jupiter Charts UK Internet Growth

According to Accenture, e-commerce is thriving in Europe despite the lingering threat of recession. “The Unexpected eEurope” published this week, found that 60% of senior European executives surveyed said that they planned to increase eCommerce spending by an average of 15% over the next year. A further 49% said that they expected to be exploiting… Continue reading U-Commerce, The Next Big Thing?

AOL Time Warner has announced the completion of its acquisition of IPC Group, the parent company of IPC Media, from venture capitalist firm Cinven (see AOL Takes IPC Media For £1.15bn). The purchase price is £1.15 billion, including the cash in the company. The deal was announced in July, following months of speculation about possible… Continue reading AOL Time Warner Completes £1.15bn Acquisition Of IPC