Comcast has reported results for the quarter ended December 31st 2024. Consolidated revenue was up 2.1 per cent at $31.9 billion (€30.5bn) whilst full year revenue rose 1.8 per cent to $123.7 billion. Strong studio and good network performance was offset by further drops in cable connections – even though the 311,000 loss was down […]

BT Group has reported Q3 Adjusted revenue of £5.2 billion (€6.2bn), down 3 per cent year-on-year mainly attributed to continued challenging non-UK trading conditions in its Global and Portfolio channels and weaker handset trading in Consumer, offsetting the impact of FTTP growth in Openreach and price increases. Allison Kirkby, Chief Executive, commenting on the results, […]

US pay-radio broadcaster, SiriusXM, added approximately 149,000 self-pay subscribers in Q4 2024, up 18,000 compared to the year-ago period. For full year 2024, self-pay subscribers decreased by 296,000, an improvement over the full-year decrease of 445,000 in 2023. The company ended 2024 with approximately 33 million total subscribers – most come through in car inclusion […]

Telia, the Swedish multinational telco, has announced the appointment of Bjørn Ivar Moen as Senior Vice President, Head of Telia Norway and member of the company’s Group Executive Management team, effective January 1st 2026 at the latest. Stein-Erik Vellan, currently Senior Vice President, Head of Telia Norway and member of the Group Executive Management team, […]

Tele2, the Sweden-based multinational telco, has announced its consolidated results for the full year and fourth quarter of 2024, with an Equity Free Cash Flow (EFCF) reaching 4.4 billion SEK (€0.38bn) during the full year. Consistent with Tele2’s financial policy, the Board of Directors proposes to distribute 100 per cent of the EFCF, corresponding to […]

According to company filings, Disney CEO Bob Iger received a pay package of $41.1 million (€39.3m) in 2024, mostly in the form of stock and option awards. His salary was $1 million. In 2023, Iger took home a pay package valued at $31.6 million, with most of that in the form of stock and option […]

Ericsson has reported its full year results, with sales declining by 5 per cent, impacted by a 6 per cent sales decrease in Networks. Reported sales were SEK 247.9 billion (€21.6bn). Adjusted gross income increased to SEK 111.4 billion with an increased contribution from all segments. Net income was SEK 0.4 billion. Börje Ekholm, President […]

Cairo-based satellite operator Nilesat saw its revenues fall marginally during 2024. In the year to December 31st its revenues were $101.14 million (€96.5m) down slightly from $101.82 million in the same period last year, but its total profit grew almost 24 per cent to $42.98 million (from $37.7 million). The past year saw new cooperation […]

ABS, formerly known as Asia Broadcast Satellite, has a recently appointed new CEO Mark Rigolle (who was previously CFO at SES and CEO at O3b) and announced some valuable new contracts over the past year. However, the headline numbers for the year to September 30th 2024 showed a fall of 4 per cent under what […]

LG Electronics has announced its financial results for the year 2024, disclosing a consolidated revenue of KRW 87.73 trillion (€58.6bn) and an operating profit of KRW 3.42 trillion. This marks a new record for the highest annual revenue in the company’s history. In terms of revenue, both the home appliances and the vehicle components business […]