Anatel released wireless market share data for June. America Movil’s Claro experienced the highest increase in market share followed by Telemar and a slight increase at TIM Part, while Vivo’s market share declined. We note that operator market share can vary significantly from month to month. Click here for a copy of our note.
Virgin Mobile has generated some attention from family groups for a charitable campaign that asks teens to post videos of themselves stripping called Strip2Clothe. Our initial reaction was that this was a horrible gaffe by management desperate to reignite growth and that the backlash from parents would hurt their business. Then we considered Abercrombie and…
Consumer spending on DVDs has been surprisingly strong in the first half of 2008 (up nearly 2%), which led us to increase our full-year DVD forecasts (see yesterday’s blog post, click here). While the strength of new release movie content and the rapid growth of Blu-ray (off a small base) are both contributing to 1H…
CNBC’s David Faber is reporting that SK Telekom is in talks to buy Sprint which follows speculation in recent weeks that Deutsche Telekom is looking at buying Sprint. We have no knowledge about these discussions but note that Faber does have a decent level of credibility in sourcing deal information in the media and telecom…
Preliminary wireless industry subscriber data from Brazil indicates a surprisingly strong month of subscriber net additions in June 2008 despite being more than a year since the market accelerated following the GSM lunch by Vivo. These estimates are sometimes slightly revised when final numbers are released. Monthly industry net additions in June of 2.595 million…
In October 2006, we issued a report (click here) titled “The DVD Party is Over – Movie Industry Concerns Growing.” Our premise that 2007 would be the first year in which DVD sales declined proved accurate, with consumer spending on DVDs down about 2%. However, our assumption that consumer spending on DVDs in 2008 would…
Despite a solid upfront at Viacom and across the cable network industry, investors are increasingly concerned about Viacom’s growth prospects in 2009, due to its advertising exposure. While upfront cancellations across the broadcast/cable industry are normally quite low (less than 5%-10%), investors are concerned that a major economic recession in 2009 will cause an advertising…
Six months ago (when Comcast was trading at a nearly identical level to start-off 2008), we indicated that it was critical for the company to begin meeting/exceeding expectations after multiple shortfalls in 2007. We also felt it was important for investors to get a better understanding of management’s approach toward a wireless strategy (particularly with…
While we believe News Corp. has the potential to grow operating earnings double digits in fiscal (June) 2009, the risks to achieving that growth are escalating, with Rupert Murdoch continuing to vocalize his concerns for the US economy over the coming year. In turn, we are lowering our estimates for News Corp. for fiscal 2009. …
Cable system (MSO) VoIP penetration has just reached the mid-teens percentage of homes marketed, with the large MSOs (Comcast and Time Warner) only approaching the low teens, whereas Cablevision now has over 35% phone penetration with Cox set to exceed 30%. Yesterday, cable modem equipment provider Arris (click here) pre-announced weak second quarter earnings. While…
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