Ambient media company, Hi-Tech Solutions, has expanded its London business development team with the appointment of Karin Jeffrey to the newly created position of sales account director.Jeffrey, formerly managing director of International Poster management in Ireland, brings 12 years experience in out-of-home planning and buying to the role, which will see her work to drive… Continue reading Hi-Tech Solutions Expands London Development Division
DSL has long been regarded as the killer application that will drive up fixed line revenues but a new report from Ovum suggests that it will not generate the financial windfall envisaged by the telecommunications industry. According to the study, The financial prospects for DSL, operators providing standard Digital Subscriber Line (DSL) services will be… Continue reading DSL Is Not The Golden Egg For Telcos, Says Report
Stronger than expected activity in the US and a slight upturn in Europe has prompted ZenithOptimedia to raise its full year forecast for global advertising expenditure. However, the revision was small and the outlook is for modest growth moving into 2004.Also On MediaTel Insight Today…DSL Is Not The Golden Egg For Telcos, Says ReportDSL has… Continue reading MediaTelINSIGHT: Zenith Sees Signs Of Ad Recovery
On the eve of the new Champions League season, Vodafone has acquired the wireless rights to the competition for the next three years in twelve countries. Under the terms of the deal, the mobile giant will offer customers a range of content including near-live video clips from games, historic clips of UEFA Champions League matches,… Continue reading Vodafone Buys Wireless Rights To Champions League
Global communications network, Aegis Group, has acquired the international research business Censydiam in a deal worth up to £8.75 million. Censydiam is based in Belgium but has offices in six other European countries as well as the US and Hong Kong. The company had revenues of approximately £15.7 million in 2002. Aegis will pay an… Continue reading Aegis Snaps Up Belgian Market Research Firm
Mark Reen, former group ad sales director for IPC’s tx and Connect divisions, has been appointed to the same role at IPC SouthBank, as part of a realignment of IPC Advertising’s senior management team.Reen will be replaced by Neil Perkin, previously corporate account director, who will expand his responsibilities to head up the IPC tx… Continue reading IPC Advertising Restructures Senior Management Team
Continuing weak advertising conditions in Europe have contributed to a 2.8% decline in first half revenues at outdoor contractor JCDecaux. Revenues came in at £758.2 million, which, when excluding acquisitions and the impact of foreign currencies, is a 1.0% rise over last year. The US was the strongest region, recording double digit growth. This is… Continue reading Weak Europe Mutes JCDecaux’s First Half
Cable firm Telewest Communications has finalised restructuring plans and agreed a debt-for-equity swap that will leave shareholders with just 1.5% of the company. Protracted talks with bondholders, notably W.R.H Huff Asset Management, Liberty Media and IDT Corporation, have resulted in a deal which will see £3.5 billion of Telewest debts exchanged for shares. The refinancing… Continue reading Telewest Agrees Restructuring Deal
Trinity Mirror was seen in the spotlight, up 1% in week on week analysis after a leading US investor reportedly expressed faith in the company’s chief executive, Sly Bailey, and retreated over its calls for the group to sell off its national newspaper titles.The New York-based investment firm, which holds a 5.5% stake in Trinity… Continue reading Sharewatch: Trinity Rises As Bailey Triumphs
Trinity Mirror chief executive Sly Bailey has received a vote of support from an unlikely source as she presses ahead with her revamp at the newspaper publisher. Tweedy Browne, a New-York based investment firm, which holds a 5.5% stake in Trinity, told the Financial Times that there were signs that Bailey was “making the right… Continue reading Bailey Wins Approval For Trinity Strategy
