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ITV Essentials will launch in twelve European territories in December, available for a monthly subscription of €5.49.

Following the successful launch earlier this year, MediaTel is to host its second annual Connected Consumer Awards – the ‘Connies’ – in March 2014 in celebration of those pioneering new advertising and commercial opportunities.

It took almost four years for the popular video streaming service to achieve the same amount of data traffic in the US.

Virgin Media claims that the new speed is able to download an HD film in less than four minutes and a music album in under four seconds.

Some analysts have voiced concerns about the requirements of the new technology, however ABI Research believes that 4K has the potential to become the ‘industry norm’ within time.

The roll-out follows EE’s 4G commercial trial in the area of Threlkeld, where users experienced average speeds of 24Mbps.

Sky’s stock market value drops by almost £1.4 billion after news of the deal, which will see BT show all Champions League and Europa League matches each season from 2015, hit the City on Monday.

Since its debut on ITV in 2010, Downton Abbey has been sold to over 220 territories and is viewed by an estimated global audience of 120 million people.

The subscription video on-demand market will be worth almost $8 billion by 2017 and will deliver content to more than 120 million subscribers, according to a new report from MRG.

The forecast speeds for 2023 are lower than those previously cited regarding future capacity needs.