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Newspaper publisher, Pearson, has announced the departure of its chairman, Lord Dennis Stevenson, who is set to retire after nearly 20 years heading the company.The company’s adjusted pre-tax profits fell from £410 million in 2003 to £386 million in 2004, with the company citing a decline at its book publishing arm, Penguin, as the main… Continue reading Pearson Papers In The Pink As Stevenson Steps Down

Text messaging performed strongly in January 2005, with 2.5 billion sent during the month, overtaking December’s total and making a new record, according to figures released today by the Mobile Data Association (MDA).Person to person texts sent across the UK GSM network operators last month rose by 15.7% on the same period last year, with… Continue reading January Breaks Record For Texts Sent

The Wireless Group could soon be sold to the highest bidder, if reports this morning are to be believed, with investment bank Goldman Sachs reported to be preparing an auction of the company despite a failed management buyout last week.According to The Times, Goldman Sachs is advising the broadcaster following the distribution of a “sale… Continue reading Wireless Group Preparing Buyout Auction

The Wireless Group could soon be sold to the highest bidder, according to reports this morning, with investment bank Goldman Sachs reported to be preparing an auction of the company despite a failed management buyout last week. According to The Times, Goldman Sachs is advising the broadcaster following the distribution of a “sale memorandum” last… Continue reading Wireless Group To Be Auctioned

Newspaper publisher, Trinity Mirror, is expected to announce pre-tax profits of up to £200 million for 2004, compared to £172.5 million in 2003. This total is in line with previous predictions by Trinity, after releasing a very positive trading update of its expected results for 2004 in December, revealing strong growth in all of the… Continue reading Trinity Set To Reveal £200 Million Profit For 2004

International media group, Pearson, has today issued its trading statement for 2004, revealing a drop in profit in the second half of the year, attributed to declines in advertising spending and paperback sales. Pearson reported that adjusted pre-tax profits fell from £410 million in 2003, to £386 million in 2004, with the company citing a… Continue reading Pearson Reports Profit Drop In 2004

Broadband penetration in the US will reach nearly 70 billion households by 2008, with analysts eMarketer predicting that broadband households will grow at a compound annual rate of 19.4% between 2004 and 2008. eMarketer’s North American Broadband report, estimates that broadband penetration in US homes will grow from 23.1% in 2003 to 56.3% in 2008,… Continue reading US Broadband Penetration To Reach 70 Billion By 2008

January 2005 has seen 2.5 billion texts sent across the UK, overtaking December’s total and makeing a new record, according to figures released this morning by the Mobile Data Association (MDM). Person to person texts sent across the UK GSM network operators last month show an increase of 15.7% on the total sent during the… Continue reading January 2005 Breaks Text Message Record

The UK’s broadband networks have failed to deliver the Governments promise to beat other G7 countries to become the most competitive provider of high speed internet connections by this year.A new report from telecoms research specialist Ovum, commissioned by the Department for Trade and Industry, states that British Telecom’s dominance of the nation’s phone networks… Continue reading UK Misses Government Broadband Targets

Magazine publisher, Highbury House Communications has relaunched all three of its home interest titles, with Real Homes, Inspirations and Home receiving a face lift in their April issues.Commenting on the relaunch, Mark Simpson, Highbury House chief executive said: “We are currently No.3 in the home interest market and plan to become an even bigger player… Continue reading Highbury Revamps Home Interest Titles