The Wireless Group (TWG), has announced a year on year rise of over 50% in adjusted operating profits for 2004, showing revenue for the first quarter of 2005 to be up 9.9% on the same period last year. Total turnover for the Group was £39.7 million, up 22% from £32.6 million in 2003, while like… Continue reading TWG Enjoys Rise of Over 50% In Operating Profits For 2004

Magazine and radio group, Emap, has announced a strong performance in its UK consumer magazine division, with consumer magazine copy sales revenues growing by 5% on an underlying basis.In an upbeat pre-close trading statement, the group revealed that its consumer magazine advertising division has enjoyed a 4% year on year rise for the year ending… Continue reading Emap Sees Rising Revenue From Magazines

The battle for London Underground’s £1.2 billion advertising contract is between ten key players, reports this morning suggest, with the incumbent Viacom Outdoor going head to head with rival outdoor advertising heavyweights Clear Channel and JC Decaux.Others reportedly bidding for the contract include SMG’s Primesight, Spanish advertising group, Cemusa, KBH Transport Media, Media Initiatives Group,… Continue reading Ten Firms To Contest Underground Ad Contract

More than seven times more text messages were sent on Valentine’s Day than cards this year, with 92 million texts sent compared to 12 million cards, according to new figures released by the Mobile Data Association (MDA).Text messaging performed strongly during February 2005, with 2.19 billion person to person text messages being sent across the… Continue reading Texts Outweigh Cards On Valentine’s Day

Europe is “cutting its own path” in terms of broadband adoption, with services offered in the UK, France and Italy as competitive as anything offered around the world, according to new research by analysts eMarketer. The Europe Broadband report shows that broadband households in Western Europe increased by nearly 65% over 2004, twice the rate… Continue reading Europe Enjoys Impressive Growth In Broadband Up-Take

High definition television (HDTV) is predicted to hit 15.5 million households worldwide by the end of 2005, with penetration forecast to reach 52 million by 2009, according to market research firm, In-Stat. According to the company’s new report, Got HD? High-Def TV Service Now In Over 10 Million Homes, there are currently 10 million homes… Continue reading Global HDTV Penetration To Reach 52 Million By 2009

February 2005 saw 2.19 billion text messages sent, with person to person texts across the UK GSM network operators showing an increase of 7.2% on the total sent during the same period in 2004, according to the latest figures released by the Mobile Data Association (MDA). The month’s total was boosted by Valentine’s Day, which… Continue reading February Text Messages Reach 2.19 Billion

Scottish Radio Holdings (SRH) has issued a upbeat pre-close statement prior to the end of its half-year, showing group revenues for the first six months of the financial year to be 11% up on last year, while like for like revenues are predicted to have increased by a healthy 4%. Radio revenues for the group… Continue reading SRH Reveal Strong Performance For First Half Of Financial Year

UK based mobile operator, O2, expects profits for 2004 to be in the 12-15% range, with slower growth in the second half reflecting the impact of the approximately 30% cut in termination rates in September, the loss of the BT contract, and the general competitiveness of the market. According the group’s update, issued prior to… Continue reading O2 Predicts Strong Growth For 2004

Cable operator, NTL, has begun testing its first high definition TV services via new ADSL2+ technology, allowing massively increased connection speeds without the need to install expensive fibre optic lines to customers’ homes.The new technology was revealed in a financial presentation, with NTL stating that it had been running trials of the new, high definition… Continue reading NTL Trials High Definition TV With Ultra Fast Broadband