Triple play in France
This presentation reports on the triple play of broadband, full telephony and DSL-delivered IPTV in France, the leading market in Europe for the triple play. Of France’s 16.2 million broadband subscribers, one third have migrated entirely to the VoIP services supplied by their broadband provider, dropping their line rental from France Télécom. We estimate that about 3.5 million households have activated the set-top box to receive DSL-delivered IPTV on their main set, also receiving digital terrestrial TV |
Fixed line, Non-UK Telecoms, Telecoms |
June 2008 Access this report
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Iliad buys Alice
Iliad is to recover the No. 2 spot on the French broadband market, behind France Télécom’s Orange, after acquiring Alice, ending Telecom Italia’s ill fated five-year French venture |
Fixed line, Non-UK Telecoms, Telecoms |
June 2008 Access this report
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UK broadband market Q1 2008
The decline in broadband market growth has accelerated, with market net additions in Q1 down on Q4 for the first time in three years. Household penetration reached 59% |
Fixed line, Telecoms |
July 2008 Access this report
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Tiscali UK - where now?
The current process for a sale of Tiscali Spa in whole or part appears to be breaking down, just as the prospects for standalone ISPs in the UK are becoming less certain |
Fixed line, Telecoms |
July 2008 Access this report
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BT Next Generation Access: a one billion pound toe in the water
BT’s announcement of a project to extend fibre beyond the exchange for some existing homes as well as newly built ones is good PR, a useful regulatory gambit, and offers the prospect of regaining some initiative from unbundlers and Virgin Media at the wholesale and retail levels respectively |
Fixed line, Telecoms |
July 2008 Access this report
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Ofcom’s review of Openreach’s financial framework: BT one, unbundlers nil?
This report explains Ofcom’s ongoing review of Openreach’s financial framework, why it is important, the myriad factors involved, our view on the likely outcome and the implications for BT and unbundlers, in particular Carphone Warehouse and BSkyB |
Fixed line, Telecoms |
July 2008 Access this report
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BT FY 2008-09 Q1 results: wholesale hit compounded by weak performance at Global Services
BT’s Q1 results were weak, with declining like-for-like revenue and EBITDA, although cash flow grew strongly thanks to a lull in capex |
Fixed line, Telecoms |
August 2008 Access this report
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Carphone Warehouse Q1 trading update: weathering the storms
Carphone Warehouse had a solid quarter on the distribution side given the current environment, with 6-7% underlying organic retail growth and roughly stable like-for-like figures |
Mobile, Fixed line, Telecoms |
August 2008 Access this report
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Virgin Media Q2 2008 results: continuing improvement but not yet firing on all cylinders
VMed’s Q2 results represent a further step in the recovery of the business, with fixed line churn continuing to fall and operating cash flow (OCF) continuing to grow, helped by a dramatic improvement in OCF at Virgin Mobile |
Media, TV, Fixed line, Telecoms |
August 2008 Access this report
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French broadband: down to three players, for how long?
Just three players now account for most French broadband connections: Orange’s DSL market share is closing on 50%, Iliad’s rose to 25% from consolidation with Alice, while SFR’s dropped to 23.7%, with Neuf’s rebrand imminent. Cable remains a minimal presence on broadband |
Fixed line, Non-UK Telecoms, Telecoms |
September 2008 Access this report
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UK broadband market Q2 2008
UK broadband market net additions in Q2 2008 were lower than at any point in five years. LLU data for Q3 to date suggests that a second half improvement will not be as substantial as in recent years |
Fixed line, Telecoms |
September 2008 Access this report
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Tiscali UK update – feeling the pinch
Tiscali UK’s H1 results showed falling subscribers, revenue and margins, as the competitiveness of the UK broadband market bites |
Fixed line, Telecoms |
September 2008 Access this report
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NGA in the UK and Ofcom's Second Consultation: edging forward
Ofcom’s second consultation document on Next Generation Access raised few new issues. Ofcom continues to favour passive access and emphasises the importance of joint investment in it |
Fixed line, Telecoms |
September 2008 Access this report
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BT pre-quarterly results trading update: cost control issues at Global Services
On 31st October BT announced that Q2 EBITDA and EPS will be slightly below expectations as a result of a sharp deterioration in performance at Global Services (GS) and that GS CEO Francois Barrault has been replaced by erstwhile Group Finance Director Hanif Lalani |
Fixed line, Telecoms |
October 2008 Access this report
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UK Residential Broadband Market: maturity rapidly approaching
This report examines recent developments in the UK residential market for broadband internet access. We consider the outlook over the next five years for total market volume and market shares |
Fixed line, Telecoms |
November 2008 Access this report
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Virgin Media Q3 2008 results: significant improvement, but economic environment continuing to present challenges
Virgin Media’s Q3 results represent a significant step in the recovery of the business, with ARPU and consumer cable revenue stable for the first time in 18 months. Group OCF growth was hit by one-off opex reductions in the prior quarter but continues to grow on an underlying basis |
Media, TV, Fixed line, Telecoms |
November 2008 Access this report
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Cable & Wireless half year results to September 2008: free at last
The UK business (EAUS) is continuing to improve ahead of guidance as expected and its turnround can now be judged a success. Management has announced an aggressive plan to extract synergy from the recently acquired Thus |
Mobile, Fixed line, Telecoms |
November 2008 Access this report
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BT FY 2008-09 Q2 results: resilience reduced by cost control issues at Global Services
As announced in the October trading update, BT’s Q2 results were hit by poor cost control at Global Services. Performance elsewhere was reasonable but was shored up at group level by a spike in contribution from non-core business |
Fixed line, Telecoms |
November 2008 Access this report
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Carphone Warehouse interim results: calm before the storm?
Carphone Warehouse’s distribution side was very strong in revenue terms in the September quarter, with an underlying (ex-currency) growth of 11%
The company is right to be cautious about the Christmas trading environment, although we believe that it will continue to do well in relative terms at least, and even has a fighting chance of hitting the distribution revenue guidance made back in April |
Fixed line, Telecoms |
November 2008 Access this report
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UK broadband market Q3 2008
UK broadband net additions in Q3 2008 fell sequentially, the first time this has happened in a third quarter. Q3 net adds almost halved year-on-year to 320,000 |
Fixed line, Telecoms |
December 2008 Access this report
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