Twitter moves to profit, with revenues rising 2% in Q4

(Telecompaper) Twitter reported its results for the fourth quarter, showing stronger revenues and a positive profit figure. CEO Jack Dorsey said he was pleased with the quarter, noting the company returned to revenue growth, achieved its goal of GAAP profitability, increased its shipping cadence, and reached five consecutive quarters of double digit DAU (daily active user) growth. …read more

read more

Telefonica to roll out Movistar Series channel in Latin America

(Telecompaper) Telefonica has announced plans to launch its Movistar Series channel throughout Latin America this year, part of its ambitious project to compete with Netflix, HBO and Amazon Prime via its Movistar+ original content division. In a statement, the Spanish company said Movistar Series will premiere 12 original productions throughout 2018, as well as Spanish-speaking content produced by third parties in at least 12 Latin American countries as well as Spain. The series will be available to more than 3 million pay-TV homes throughout the region, with a potential additional footprint of over 110 million Movistar mobile clients also having access. …read more

read more

TalkTalk cuts dividend to fund UK full-fibre roll-out

(Telecompaper) TalkTalk confirmed that it was in talks to provide a full-fibre roll-out across the UK, potentially providing full fibre to more than 3 million homes and businesses in medium-sized towns and cities. The announcement was made as TalkTalk issued a trading update for its third quarter to 31 December, with on-network net additions reaching 37,000 in the quarter. The company has increased its net addition forecast for the full year to 150,00-160,000. …read more

read more