Seoul – SK Telecom looks set to control Korea’s Hanarotelecom after being named as the sole preferred bidder of AIG/Newbridge consortium’s 39.36% stake in Hanaro. The deal needs regulatory and other approvals, which may take until March 2008. SKT already owns a 5% stake in Hanaro, Korea’s second biggest fixed-line player. SKT, Korea's top mobile operator with 22 million customers, joined the race after Australia’s Macquarie Bank launched a bid. Hana TV, the … [Read more...] about SK Telecom poised to control Hanarotelecom
Channel: Telco
Telstra to beam Beijing Olympics in HD to Australian homes
Sydney - Telstra has signed agreements with China Netcom and the Australian rights holder, the Seven Network, to broadcast live coverage of the 2008 Beijing Olympics to millions of Australian homes. The telco will use two dedicated fibre-optic cable links from China to Australia as a dual backup to provide uninterrupted and live broadcasting, circumventing any cable failures. Telstra will monitor the international broadcast feeds as they travel from Beijing across more than 15,000 km submarine … [Read more...] about Telstra to beam Beijing Olympics in HD to Australian homes
StarHub profits down – soccer rights set to soar
Singapore – StarHub suffered its first decline in profits in 11 quarters, attributed to the S$246million (US$170million) which the triple-play provider reportedly paid for exclusive rights to English Premier League (EPL) soccer. This is around four times the price paid for exclusive Singapore rights for the previous three seasons, 2004-07. Third-quarter net profit fell by 0.2% to $81.3million (US$56.4million), despite an increase in subscription plan prices to offset the sum paid to beat … [Read more...] about StarHub profits down – soccer rights set to soar
StarHub offers prepaid cable service for non-subscribers
Singapore – StarHub is offering HubStation FlexiWatch, a new prepaid cable TV service that allows non-cable customers to subscribe to selected channels and pay for the desired duration of viewing. Available from October 10, customers can receive the service via HubStation at $S599.20 ($US408.70) tax inclusive, with channel charges ranging from $S3.21 - $S5.35 ($US2.20 - $US3.65) tax inclusive, per channel per day. Customers may purchase a minimum of three consecutive days to a maximum of … [Read more...] about StarHub offers prepaid cable service for non-subscribers
Bharti Airtel to launch IPTV services in Q4 2007
Herzliya, Israel – Indian telco Airtel Broadband & Telephone Services (B&TS) is currently undertaking IPTV trials in a thousand households and will launch its IPTV service in the last quarter of 2007. Similar to rival IPTV service providers Aksh Optifibre Ltd and Time Broadband Services Pvt. Ltd which use Optibase’s video over IP solutions, Bharti Airtel will deploy Optibase’s H.264 Media Gateway (MGW) 5100 IPTV encoding platforms for its IPTV offerings. Optibase's carrier … [Read more...] about Bharti Airtel to launch IPTV services in Q4 2007
Mike Reynolds upped to President – StarHub Group
Singapore - Triple-play service provider StarHub has promoted Mike Reynolds to President - StarHub Group, effective January 1, 2008. Reporting to Terry Clontz, CEO, Reynolds will be directly responsible for the execution of the company’s operational plans. Reynolds has been StarHub’s Head of Integrated Product and Marketing since 2004 and has also headed various commercial divisions since joining the company in May 2001. Prior to joining StarHub, Reynolds was President of BellSouth … [Read more...] about Mike Reynolds upped to President – StarHub Group
