Telefonica and Samsung have reached an agreement that will allow users to acquire Samsung Smart TV sets with the Movistar TV service integrated.
With this deal both companies aim to strengthen their position in the Smart TV market combining content with last generation TV sets.
“This represents a new business model that enables our telecomunications system to go beyond the traditional model. We are pleased to offer our clients to enjoy our Movistar TV
service in a easier way” said Luis Velo, Director of Movistar TV.
Post Motorola Home ARRIS steams on
As it puts behind the acquisition of Motorola Home in April 2013, broadcast technology provider ARRIS has posted a strong second quarter of 2014.
Revenues in Q2 2014 were $1.429 billion compared with second quarter 2013 revenues of just over $1 billion that excluded the estimated sales of approximately $66 million from Motorola Home prior to the close of the acquisition. First quarter sequential quarter 2014 revenues were $1,225.0 million for a six-monthly total of $2.654 billion. The comparable figure in 2013 was $1.35 billion.
"I am very pleased with our second quarter results, in particular, the acceptance of our new products by our customers," commented Bob Stanzione, ARRIS Chairman and CEO. "Looking forward we see continuing opportunity in the business as service providers and programmers invest aggressively to expand their broadband platforms and provide richer video experiences to their customers."
Source: http://cablequest.org/news/international-news/item/5628-telefonica,-samsung-smart-tv-deal.html
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