This presentation on the French pay-TV market covers the principal recent developments on that market and the positioning of suppliers, including Vivendi's Canal+, France Télécom's Orange, Numericable and alnets Iliad and SFR. French TV homes are rapidly switching over to 'free' multichannel TV services, but the upside for premium subscriptions is modest. To maintain positioning as the dominant premium content provider, Canal+ is both improving the user experience of its core DTH subscribers (e.g. the new Le Cube), and widening its partnerships with network operators to offer on-demand to Canal+ subscribers. Orange is one significant exception, due to the rivalry initiated by the launch of Orange TV pay services in July 2008. This rivalry was a factor in lower subscription levels for Canal+ in Q3 2008, down to 10.41 million, in addition to the ongoing lure of free, plus the economic downturn and credit crunch. The target of 11.5 million subscriptions by 2011 looks out of reach (Orange Threat to Canal+ Targets [2008-24])

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

This report examines the role of local commercial media in supplying the information needs of the UK’s many communities, in the context of the BBC’s ‘Local Video’ plans to add video to its local online services. Unlike the BBC services, which are publicly funded, regional and local commercial media must cover their costs from revenue earned from circulation and advertising. On top of the structural shift to the internet of media consumption and advertising, their business models are severely stressed by the ongoing recession, which will only widen the gap between the BBC’s revenues and that of commercial media. The BBC Trust’s decision on the local video plans will be a game-changer for local commercial media in the UK

Vodafone’s European organic service revenue growth dropped again in the September quarter, to -1.3%, and we estimate that it continues to underperform its competitors’ growth by two percentage points, thus losing market share. Margins also fell, as the company’s cost reduction measures continue to fail to stop costs rising

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

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

Another robust set of subscriber KPIs provides little indication of the economic downturn taking its toll, other than a sharp 1.1% jump in churn over the previous quarter, which could reflect other factors. The bigger issue appears to be subscriber spin-down to less expensive packages

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

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

The Nokia Comes With Music (CWM) service bundles a music-centric handset with an unlimited music downloads service, allowing consumers to easily take advantage of their handsets’ music functionality, and have no need for a separate iPod