Infosys Profit Up by 5 in Q1 Shares Soar 10

first_imgIndia’s second largest IT firm Infosys has recorded a profit growth of 5% in the first quarter of the current fiscal year, showing signs of revival under its chief executive Vishal Sikka.The company posted a profit of ₹ 3,030 crore in the April-June quarter compared to the same a year ago. Infosys’s revenues went up by 12.4% to ₹ 14,354 crore in the quarter.Following the upbeat quarterly results, share prices of software gaint rose sharply by about 10% to trade at ₹ 1101.00 on the Bombay Stock Exchange (BSE).”The organization realignment made earlier this year for deeper client and operational focus has resulted in strong volume growth,” Infosys Chief Operating Officer UB Pravin Rao said in a statement.In addition, the sequential revenue growth of 4.5% during the June quarter in dollar terms was the highest in the past 15 quarters. On a quarterly basis, the volume growth of 5.4% during the quarter was also at its highest level not seen in the previous 19 quarters.The Bengaluru-based company also maintained its growth forecast of 10% to 12% in constant currency terms for the fiscal year ending March 2016.Analysts said that the company is making a progress due to various strategies initiated by its newly-appointed CEO Sikka.”This is definitely a good performance after a long wait. It appears that after Dr Sikka’s appointment, the focus on high-growth areas is clear and they have made right deployments,” Sandip Agarwal of Edelweiss told CNBC-TV18.During April-June period, the company added 79 new clients taking the total client number to 987.last_img read more

New power plants needed or not

first_img.The present power generation capacity in the country is nearly 19,000 MW, but only 8000 MW to 12,000 MW is being generated this summer as that is adequate to meet the demand. Given this situation, around half the power plants remain idle, and yet certain businessmen close to the government are still being given approval for setting up one power plant after the other. These deals are being made under the Speedy Power Supply Act (Special Provision), without requiring any tender or bidding.On the other hand, a certain amount of the 19,000 MW of electricity cannot be generated due to inadequate capacity of the transmission and distribution lines. As a result, there is often power outage in various places around the country.The power sector master plan is also not been followed in providing approval to new power plants. According to this plan, by 2031 the power generation capacity in the country will stand at 37,000 MW, though the demand will be 29,000 MW. Over 20 to 25 percent of the power plants will be idle. This prompted the power division’s power cell in March to recommend that no further approval be given for new power plants.The government recently approved two large power plants to be run on imported Liquefied Natural Gas (LNG). This deal for one of the plants has been given to Unique Meghnaghat Power Ltd, owned by the chairman of Padma Bank (former Farmers Bank) Nafis Sharafat. The plant will have a generation capacity of 584 MW. A power purchase agreement (PPA) was signed between the Power Development Board (PDB) and Unique Meghnaghat Power Ltd on 24 July.The other power plant deal went to Anlima Textile Ltd, owned by Chattogram businessman Mahmudul Hoque. No PPA has been signed with PDB for this 450 MW plant as yet.Concerning whether there was any need for new power plants at the moment, PDB chairman Khalid Mahmud told Prothom Alo, approval is being given to power plants which will come under the mid-term of the power master plan by 2025-2026. All of these are based on LNG.Deals for the mid-term power plants according to the master plan have already been signed from 2011 to 2017. And the construction phase for the short-term power plants was completed in 2013-14. Even so, the government approved of 10 power plants run on fuel oil towards the end of 2017 on condition that these will start generating power within a year. The installed generation capacity of these plants was 1768 MW, with production costs ranging from Tk 14 to Tk 25 per unit.Other than a 100 MW power plant among these, all were under private ownership. These did not come under the power master plan. The power cell has said that given the existing demand, no further power plants are required.Director general of the power cell Mohammed Hossain told Prothom Alo over phone, “The investors are desperate to get approval for new power plants, though there is no need for new ones outside the master plan. We have told the government that approval should not be given for new power plants.”Industries use less PDB powerPDB has not seen any significant increase in subscribers from the industrial sector. Even though the industrial units use more electricity, they industry owners generate around 3500 MW of their own, that is, captive power. The government recently approved another 800 MW of captive power for the industrial sector.The power cell DG Mohammed Hossain said, public sector electricity is costly and not uninterrupted. “We are thinking of how to make this suitable for the industrial sector since the government has enough electricity. Big investment is needed in power transmission,” he said, adding that businessmen should come forward to invest in the transmission system.M Tamim Hossain, who had been special energy adviser to the chief adviser of a former caretaker government, told Prothom Alo, “The government has a power master plan, but is approving of one power plant after the other outside of this master plan. Is there really any need for more power plants run on costly imported LNG? There is no coordination between the state minister for power, the power secretary and the energy adviser of this government. No consideration is being given to whether the country will be able to bear the expenses of such costly power. This is not acceptable.”* This report appeared in the print edition of Prothom Alo and has been rewritten in English by Ayesha Kabirlast_img read more

Karamo Brown from Queer Eye is releasing a line of genderneutral bomber

first_imgShare this:TwitterFacebookLike this:Like Loading… More than just a Netflix showQueer Eye on Netflix has taken off since it first premiered earlier this year. Beyond picking your favorite of the Fab Five and feeling incredibly happy while watching each episode, the show has inspired a lot in many people.Plus, it’s not only new episodes fans get.Recently, the Fab Five revealed they’re putting out a book just in time for the holidays.The food expert on the show, Antoni Porowski, is also opening a restaurant in New York City.But seriously: When will Season 3 be here?More from Gay Star NewsThis Queer Eye t-shirt helps trans youth and their familiesQueer Eye is saying goodbye to Georgia for Season 3Here’s how the Queer Eye Fab Five reacted to their Emmy nominationsGot a news tip? Want to share your story? Email us . Queer Eye’s Karamo Brown opens up about past suicide attemptQueer Eye’s Karamo wants to see show help women and trans peopleQueer Eye’s Karamo on fatherhood and why he doesn’t identify as queerRead the full article on Gaystarnews:  :https://www.gaystarnews.com/article/karamo-brown-queer-eye-gender-neutral-bomber-jackets/ Queer Eye’s culture expert, Karamo Brown, is releasing a line of gender-neutral fashion bomber jackets. GAYSTARNEWS-center_img Bring us those bombers, Karamo | Photo: Facebook/Karamo Brown eTN Chatroom for Readers (join us) He told Variety that the stylist outer layers will be coming ‘very, very, very, soon’.He further described the jackets as such: ‘We’re starting with a small collection, and it’s going to be unisex. It’s going to be all sorts of patterns from things that are sparkly to things that are floral to things that you can wear to work.’Brown previously listed bomber jackets as one of his favorite things to The Strategist.‘Bomber jackets for me are the new blazers. They’re something I can wear with suit pants or slacks — or I can go really urban with it,’ he wrote.‘I think as men, we don’t have the little black dress that women do to go from day to nighttime, but the bomber can be the LBD for men.’last_img read more

Luring business events to the Sunshine Coast

first_imgSource = e-Travel Blackboard: S.P In an effort to attract conference and incentives groups to Queensland, Business Events Sunshine Coast has launched a new Australia and New Zealand winter campaign.The new initiative offers complimentary cocktail parties, breakfasts, accommodation rooms and a 20 percent discount on a variety of venue hire and audio visual services.Business Events Manager Pippa McCreery said offering such an attractive range of business event products and services for professional conference and event organisers drives business to the region.“We have so much more to offer on the Sunshine Coast than I think most people realize and our new campaign is a way to not only offer some amazing discounts for event planners, but also to show off the great business event offering we have on the Sunshine Coast,” Ms McCreery said. “We are encouraging event buyers to take advantage of multiple offers while the campaign is on because it’s not just meeting space, its transfers, team-building activities, unique venues, attractions, AV. You name it, it’s on sale.”The offer applies to events booked between late May to mid August and must have a minimum of 30 attendees.Air New Zealand offers direct flights from Auckland to the Sunshine Coast twice weekly.  Initially, the flights will operate on a seasonal basis between 01 July and 18 September 2012.last_img read more

Grace expects Greinke trade to have emotional impa

first_img Grace expects Greinke trade to have emotional impact Despite receiving permission to interview Todd Haley, the Cardinals have not talked with him yet, according to an ESPN report. Is there a chance Haley, Pittsburgh’s offensive coordinator, wouldn’t agree to the interview? ESPN’s Ed Werder tweeted Friday morning:“Steelers OC Todd Haley has not yet agreed to interview for Cardinals HC job and proceeding cautiously because he loves working for Steelers.” Haley, a former Cardinals offensive coordinator and NFL head coach, just finished his first year in Pittsburgh. They struggled down the stretch and missed the playoffs. Derrick Hall satisfied with D-backs’ buying and selling The Cardinals might not be a coach’s ideal job, but it’s hard to believe someone wouldn’t even listen if it was a chance to be the head guy. 0 Comments   Share   center_img Top Stories Former Cardinals kicker Phil Dawson retires The 5: Takeaways from the Coyotes’ introduction of Alex Meruelolast_img read more

McCready reads to local students during March is Reading Month

first_img11Mar McCready reads to local students during March is Reading Month State Rep. Mike McCready, R-Bloomfield Hills, began reading to students of the 40th District last week to celebrate March is Reading Month.“Not only does reading make a difference in our children’s lives today, but it gives them an opportunity to think creatively and prepare for the future,” Rep. McCready said.He first visited Scotch Elementary in West Bloomfield on Friday, and will continue to read throughout the month to students in Birmingham and Bloomfield Hills.“I’m glad to read to students across the district this month and will hopefully encourage others to do the same.”Rep. McCready hopes that by reading in schools, he will encourage adults and children alike to pick up a book every day and realize the importance of reading as a lifelong hobby.Please contact Rep. McCready’s office with questions by phone at 517-373-8670, via email at mikemccready@house.mi.gov or through his House GOP website at repmccready.com.###Rep. Mike McCready, R-Bloomfield Hills, reads to students at Scotch Elementary in West Bloomfield on Friday. McCready is visiting area schools this month to encourage reading at school and in the home during March is Reading Month. Categories: McCready News,Newslast_img read more

Rep Bumstead encourages residents to fish for free on Feb 13 and

first_img Categories: News 01Feb Rep. Bumstead encourages residents to fish for free on Feb. 13 and 14 State Rep. Jon Bumstead encourages anglers to get out to the nearest lake to participate in Free Fishing Weekend, which will take place on Feb. 13 and 14.Free Fishing Weekend is an event hosted twice each year by Michigan’s Department of Natural Resources – once in February, and again in June. On Feb. 13 and 14, fishermen and women are not required to carry a license while fishing. As most Michigan lakes are frozen solid in February, the winter weekend event is traditionally used for ice fishing.“Plenty of our youngsters are starting to get interested in wildlife for the first time,” said Rep. Bumstead, R-Newaygo. “Free Fishing Weekend is a great way to get them acquainted with the outdoors.”Because Michigan temperatures were generally mild until mid-January, Rep. Bumstead encourages anglers to take extra safety precautions when venturing out onto the ice to drop a line.A full listing of current and upcoming Free Fishing Weekend activities can be found online at www.michigan.gov/freefishing.###last_img read more

Rep Hoitenga hosts February office hours

first_img Categories: Hoitenga News 31Jan Rep. Hoitenga hosts February office hours State Rep. Michele Hoitenga of Manton announced her office hours for the month of February for Mecosta, Osceola and Wexford counties.“I believe it is important to keep my commitment of staying accessible for the people I represent,” Rep. Hoitenga said. “Office hours are a great way to be available to my community and I encourage everyone to attend. It gives everyone the opportunity to voice their thoughts or questions about our state government.”The office hours schedule is as follows:Friday, Feb. 99 to 10 a.m. at JK’s Whisper Cafe at 105 Industrial Dr. in Buckley;11 a.m. to noon at Pere Marquette Bistro at 102 E. Upton Ave. in Reed City;12:30 to 1:30 p.m. at Three Girls Bakery at 106 N. Michigan Ave. in Big Rapids; and4:30 to 6 p.m. at Herra Duras Mexican Grill at 1700 S. Mitchell St. in Cadillac.No appointment is necessary. Anyone unable to attend is encouraged to contact Hoitenga’s office at (517) 373-1747, or email at MicheleHoitenga@house.mi.gov.last_img read more

Legislation to remove roadside cash payment passed by House

first_img The Michigan House of Representatives this week overwhelmingly approved state Rep. Steve Johnson’s House Bill 6012, which was part of a legislative package to ensure Michigan drivers will no longer be required to pay cash on the roadside if stopped for a traffic citation when driving out-of-state.Currently, when a Michigan driver is issued a traffic citation in another state they must either provide cash on site, have their driver’s license confiscated or possibly go to jail until payment is made.Rep. Johnson’s bill ensures states work together so that bonds and citations are appropriately settled if a driver from another state is issued a traffic citation.“This change is a common-sense provision that protects Michigan law enforcement officers and travelers from having to engage in an uncomfortable roadside cash transaction,” said Johnson. “In addition, my bill ensures that out-of-state drivers are afforded the same privileges in Michigan if their home state is part of this agreement.”By entering into an agreement with other states, Michigan and out-of-state drivers will be protected from adverse traveling requirements and laws.House Bill 6012 advances to the Senate for consideration.##### 27Sep Legislation to remove roadside cash payment passed by House Categories: Johnson News,Newslast_img read more

Senate Republicans Call for Revocation of NRDCs TaxExempt Status

first_imgShare12TweetShare1Email13 SharesJuly 13, 2015; E&E PublishingAn example of the perils and pitfalls of nonprofit advocacy comes from an effort by environmental activists to question Illinois Sen. Mark Kirk’s (R) green credentials, which led Senate Republicans to demand that the IRS revoke the Natural Resources Defense Council’s (NRDC) tax-exempt status.Environment & Energy Publishing (E&E), a daily website covering environmental and energy policy and markets, reported that the National Republican Senatorial Committee accused the NRDC of a “flagrant violation” of its tax status as a 501(c)(3) organization, pointing to an ad campaign it launched earlier this month.The complaint is over an ad that NRDC released last week. It highlights Kirk’s opposition to the U.S. EPA’s Clean Power Plan, citing his June vote to block the agency from using funding to enforce its effort to reduce power-plant carbon emissions, although it does not specifically name the rule or the legislation.The ad puts Kirk’s Senate office telephone number on screen as a narrator says: “Tell Senator Kirk to stop protecting polluters and start protecting our kids.”The complaint also points to other ads that NRDC has sponsored in recent months, asserting that NRDC was misusing its tax-exempt status to allow its donors—labeled as “liberal billionaires and Hollywood elites”—to claim tax deductions for political contributions. Contributions to the NRDC’s affiliated but separate political action funds are not tax-deductible.“The IRS should revoke NRDC’s tax-exempt status under Section 501(c)(3) immediately and investigate the source of contributions used to fund these ads,” E&E quotes the Republicans as saying. “Any donors who have earmarked their contributions for this ad and others like it and who have taken corresponding tax deductions should be prosecuted for tax fraud to the fullest extent of the law.”NRDC dismissed the complaint, saying that that the environmental group was within its rights to air the ad, and called it an effort to distract attention from Kirk’s vote: “This public education ad was designed to inform Sen. Kirk’s constituents about a critical vote he cast that deals with an issue of utmost concern to all Illinoisans. This is one of the essential roles for advocacy groups.”Kirk’s Illinois Senate seat is a battleground in the 2016 elections as he goes for a second term. Pundits are calling the race a toss-up. The website says that environmentalists once considered him an ally, as he was just one of eight Republicans who voted for a greenhouse gas cap-and-trade bill in 2009 when he was in the House.The IRS advises 501(c)(3) organizations to “avoid any issue advocacy that functions as political campaign intervention,” although such groups may take general advocacy positions on policy issues. Typically, that means avoiding statements to vote for or against a candidate, or a discussion of political party affiliations or a candidate’s platform.Factors include how close the advertisement is aired to an election and whether the ad is “part of an ongoing series of communications by the organization on the same issue that are made independent of the timing of any election.” The IRS, which broadly defines political activity and intervention, is not required to formally respond to a complaint like this one.But if the IRS reviews the complaint and finds against NRDC, it could be required to pay excise taxes on the amount of its prohibited advertising, as well as lose its tax-exempt status. There are many alternatives for nonprofit groups to get into politics without jeopardizing their status, such as setting up a (c)(4). However, nonprofits are allowed to criticize a senator’s stance on pending legislation or encourage constituents to contact their member of Congress.—Larry KaplanShare12TweetShare1Email13 Shareslast_img read more

Nonprofit Coalition Sues to Desegregate New Jersey Schools

first_imgShare20Tweet10ShareEmail30 Shares“De Facto Segregation Deepening in Public Education.” Editorial Illustration by Andy MangoldMay 17, 2018; NJ.com and the New York TimesChoosing as their filing date the anniversary of the landmark Brown v. Board of Education Supreme Court decision that banned racial segregation in schools, a lawsuit was filed against the state of New Jersey that calls for statewide desegregation of its public schools.The suit is led by a new nonprofit organization, the New Jersey Coalition for Diverse and Inclusive Schools, chaired by former state Supreme Court Justice Gary Stein. It is joined by the Latino Action Network, the New Jersey NAACP, and other organizations as well as individual parents who have joined as plaintiffs.Their data is compelling: A 2017 study from UCLA’s Civil Rights Project found New Jersey’s schools to be among the most segregated in the nation. The term “apartheid” was used in reference to the housing patterns and the separation of students by race in New Jersey schools.The lawsuit cites statistics to show that without legal action, segregation has only deepened. The number of New Jersey public school students who attend schools that are at least 99 percent nonwhite, for example, grew to 107,322 in the 2016-17 school year, from 93,614 in 2010-11.…Statewide, 46 percent of the 585,000 black and [Latinx] public-school students attend schools that are more than 90 percent nonwhite. Of the 622,359 white students in New Jersey public schools, 43 percent attend schools that are at least 75 percent white.The lawsuit, filed this past week, references this data and challenges state laws that enshrine these patterns. The de facto segregation of schools, the suit claims, in New Jersey stems from state laws that require children to attend schools in the municipalities where they live. The suit also challenges the law that gives priority in charter school enrollment to children who live within the district where the charter school is located. Both of these elements limit where children can go to school and keep racial boundaries intact.The suit offers a number of suggestions for integrating the schools and asks the state education commissioner to develop a comprehensive plan. Options offered include consolidation of school districts, regional magnet schools, or voluntary transfer programs that allow students in predominantly minority districts to attend other schools. There could be other possibilities, as the suit moves forward and other parties weigh in.The issue of integrated schools and children’s learning has been debated and is for the most part settled.Children who attend integrated schools do better than those who remain in segregated schools, research shows. And while the benefits of desegregation are most profound for black and [Latinx] low-income students, diversity also helps white students by exposing them to children of different socioeconomic backgrounds and broadening their perspectives.NPQ has addressed the issues of New Jersey’s schools, particularly efforts to change things in Newark, in the past, and this effort with its combined strength of nonprofits, families and the legal system seems to have promise.—Carole LevineShare20Tweet10ShareEmail30 Shareslast_img read more

Lithuanian telco Teo has added access to YouTube t

first_imgLithuanian telco Teo has added access to YouTube to its Gala IPTV service.Gala subscribers will be able to use their remote controls to sign into their profiles on YouTube and access lists of favourite videos. Videos will be displayed on the TV screen grouped into categories. YouTube via the TV will be available to Gala subscribers with a Motorola VIP 1003 set-top.last_img

MTV is using its mobile platform and app to social

first_imgMTV is using its mobile platform and app to socialise the TV experience, Michel Dupont, senior vice-president, MBL, MTV North and International told delegates at the Social TV World Summit event in London this morning.MTV’s recently-launched Under the Thumb app gives access to premium MTV content on-demand and enables users to co-view the shows and chat with friends at the same time. The app can be paired with any web browser on a computer, enabling users to use their mobile phone as a remote control. They can also link with Facebook to share favourite shows and encourage others to watch them.Dupont said the app enabled MTV’s customers to take control of the content. “We are talking to millenials and they like to be served with tools but they will decide what to do with the tools. Under The Thumb is completely inline with that. It offers our customers the chance to control content,” he said.The app launched in February and has been downloaded almost 100,000 times. Users have watched an average of two shows each, with half of viewings made on a paired device, Dupont said.MTV will add a service offering music videos on the app from August following feedback from its customers. “We are learning and fine tuning it,” said Dupont.Dupont also hailed MTV’s role as an MVNO mobile operator in Poland, Germany, France, Holland, Belgium and Switzerland. He said the MVNO deals were beneficial for MTV and its operator partners.“We are not a mobile operator, we are a content provider. But of course you want to extend first of all the business model because it’s a new source of revenue. They can plug into the MTV brand that is very credible with youth audiences. Today, technology companies including mobile operators are more and more looking for content. It’s all coming together and flowing very naturally now,” Dupont said, adding that the company was looking to extend its footprint into other countries.last_img read more

Polish cable operator Vectra has launched a new vi

first_imgPolish cable operator Vectra has launched a new video-on-demand service giving access to movies and shows.Subscribers in the city of Elbląg in northern Poland will be first to be given access to the new service, with Olsztyn, Radom, Warsaw to follow.The service will give access to a range of programming at no extra charge depending on the package of channels subscribers have signed up for. FilmGO, SuperFilmGO and VIP subscrbers will have access to HBO On Demand. Other titles will be available on a transactional basis, with prices ranging from PLN6 (€1.40) for older movies to PLN11 for new titles.Vectra has signed deals with Warner Bros and Disney, with more titles to follow, according to Alexander Kozłowska, head of product development at Vectra.last_img read more

Eurosport is set to expand its Russian reach after

first_imgEurosport is set to expand its Russian reach after signing a multiyear distribution deal with VimpelCom-owned IPTV operator Beeline TV.  The agree agreement covers Eurosport HD and Eurosport 2 HD and will see both channels return to Beeline following a period of absence after the firms’ previous agreement lapsed.“We are delighted to be back on the Beeline IPTV Platform. Eurosport offers an unrivalled portfolio of live sporting events, which feature many famous Russian athletes, we are confident fans will enjoy,” said Eurosport senior executive vice-president of global distribution, Olivier Bramly.Beeline claims 900,000 active subscribers across Russia and offers a high definition channel line-up that now includes more than 40 stations.last_img read more

News channel Al Jazeera has launched a news app on

first_imgNews channel Al Jazeera has launched a news app on the Virgin Media TiVo platform in the UK.The app will make Al Jazeera available live and on demand for Virgin Media TV TiVo users. Subscribers will be able to view Al Jazeera’s news and programmes on demand for the first time and users will be able to bookmark videos and set up a folder for favourite programmes.The app can be accessed via the red button on both of Al Jazeera’s linear channels Al Jazeera English and Al Jazeera Arabic or through the Apps and Games menu on the TiVo box.Both Al Jazeera channels are available in the M+ TV package but the app will be made accessible to over two million Virgin Media TiVo customers.“People want to consume news and documentaries in an interactive manner based on their terms, needs and requirements,” said Ehab Sahawneh, executive director of marketing and distribution at Al Jazeera.“Al Jazeera’s presence on multiscreen platforms is reshaping how people watch and interact with news and programmes. Our partnership with Virgin Media is part of the ongoing strategy of Al Jazeera’s multi-screen distribution programme which encompasses all our new digital platforms and content.”last_img read more

André Christensen Multiscreen TV specialist QuickP

first_imgAndré ChristensenMultiscreen TV specialist QuickPlay Media has appointed former Yahoo executive André Christensen and former Amdocs exec Michael Couture to senior positions. Christensen becomes chief operating officer, tasked with “driving operational excellence,” while Couture was named senior vice president of product management and marketing.Prior to joining QuickPlay, Christensen was senior VP of business operations at Yahoo globally. Before this he spent 12 years with McKinsey as a partner.Couture brings more than 20 years of sales and marketing experience to his new role and most recently led the Amdocs Canadian managed services business.“We’re in a fast moving, fast execution business that’s being driven by the explosion in consumer demand for next generation pay TV and over-the-top premium video services in the home and on-the-go. As we expand our business to serve more customers in global markets, having experienced leaders with specialized skills will be crucial to fuelling our growth” said QuickPlay CEO and co-founder, Wayne Purboo.QuickPlay is a provider of cloud-based managed service solutions for the distribution of premium media to IP-connected devices.last_img read more

After years of consecutive growth the number of U

first_imgAfter years of consecutive growth, the number of UK  households with a TV set has fallen for the first time as viewers increasingly turn to other devices, according to new research by Ofcom.The UK broadcast regulator’s Infrastructure Report 2014 claims that the number of UK homes with TV sets fell from 26.33m at the end of 2012 to 26.02m at the end of 2013.“There are now nearly one million homes with broadband but no TV. Catch-up content in particular is growing in importance and being consumed on devices such as tablets, smartphones, computers and games consoles,” said Ofcom.The report claimed that today 44% of adults own a tablet, while smartphone owenership has climbed from 27% in 2011 to 60% in 2014.On average, people in the UK watch around four hours of television a day, with live linear viewing remaining the main way of consuming TV, according to Ofcom.However, the level of TV viewing reduced by approximately 4% in 2013, with Ofcom claiming it is “not yet clear whether this was the beginning of a longer-term trend or merely a temporary variation.”Among those aged 16 to 24, only half of viewing is spent on live linear TV.Other findings of the report were that a typical UK household may now need a broadband connection offering at least 10 Mbit/s, as the amount of data consumed over residential broadband is growing at “an unprecedented rate.” Ofcom also said that more work needed to be done in relation to mobile coverage and quality of service.“Digital infrastructure is crucial to the UK’s future. As a country we are continuing to make real progress, particularly in the roll out and take-up of superfast broadband and 4G mobile services. But there is more to be done. We need to continue asking whether collectively we are doing enough to build the infrastructure of the future, and to maintain the competition that benefits consumers and businesses,” said Ofcom CEO Ed Richards.last_img read more

Polish OTT TV provider Ipla owned by Cyfrowy Pols

first_imgPolish OTT TV provider Ipla, owned by Cyfrowy Polsat, attracted a total audience of 2.75 million for the second season of homegrown drama Na Krawędzi (On the Edge 2), which it debuted online. Each episode in the series attracted an average audience of over 200,000, with most users viewing on the show on PCs.The first two episodes of Na Krawędzi 2 were made available free of charge with the remaining episodes available for a season pass, individually or through subscription to an Ipla film package. Cyfrowy Polsat customers received the whole series free of charge.The first series of the show was aired by commercial channel Polsat, but the company decided against commissioning a second run.Beata Białkowska, marketing director at Cyfrowy Polsat and Polkomtel, said that the company would definitely consider airing other series online first.last_img read more

Charlie Ergen Charlie Ergen chairman of US DTH pa

first_imgCharlie ErgenCharlie Ergen, chairman of US DTH pay TV provider Dish Network, is to once again take the reins of the company he founded as president and CEO on the retirement of the current chief executive Joseph Clayton at the end of March. Ergen’s resumption of the chief executive role follows the company’s acquisition of US$13 billion (€11.5 billion) worth of wireless spectrum in the latest FCC spectrum auction in January, topping up a portfolio of wireless spectrum assets valued at about US$50 billion. Dish has yet to set out exactly what it plans to do in wireless.Dish also recently launched a Sling-branded OTT service, offering a bundle of channels for US$20 a month.The news came as Dish Network reported better than expected fourth quarter results, although full-year figures fell short of earlier estimates.Dish Network reported 2014 total revenue of US14.6 billion compared to US$13.9 billion in 2013, an increase of 5.3%. Net income in 2014 increased 17% to US$945 million from US$807 million in 2013.Pay TV average monthly revenue per subscriber was US$83.77 during 2014 versus US$80.37 in 2013. Pay TV average monthly subscriber churn for 2014 increased slightly to 1.59% from 1.58% in 2013.The company lost about 79,000 pay TV subscribers in the course of the year.last_img read more