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Digital exclusion is hurting the life chances of millions in Britain | Letter
Equality and equity are not possible without equal access to the internet, so it’s vital for the government to bridge the digital divide, says Claire Marshall. Plus a letter from Kathryn Davidson I welcome your article on the digital divide (What’s it like to be a refugee in the UK without internet access? Mostly impossible…
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Digital exclusion is hurting the life chances of millions in Britain | Letter
Equality and equity are not possible without equal access to the internet, so it’s vital for the government to bridge the digital divide, says Claire Marshall. Plus a letter from Kathryn Davidson I welcome your article on the digital divide (What’s it like to be a refugee in the UK without internet access? Mostly impossible…
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MásMóvil increases revenue and customers
MásMóvil ended the year increasing its revenues by 3 per cent to €2.97 billion, albeit losing €240 million overall. EBITDA remained flat versus the previous year reaching €1.18 billion with investments totalling €437 million. In term of customers, MásMóvil added 650,000 new lines including mobile and fixed broadband. Overall, the company has 15.9 million lines,…
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MFE-MediaForEurope sees increased profits
Italy-based broadcasting group MFE-MediaForEurope is expected to close 2023 with profit exceeding €217 million, the figure recorded in the previous year. This figure does not include the effects of adding ProsiebenSat.1 to their finances. Advertising revenues in Spain and Italy are expected to grow by 5 per cent compared to the same period in 2023. The…
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Netflix slams Euro quotas
Larry Tanz, EMEA boss for Netflix, has told Series Mania that local European quotas “stifle creativity”. Tanz calling for “greater flexibility” given how many shows Netflix is currently making around the world. He pointed to Spain’s attitude; it has quotas in place but with “flexibility” so that Netflix can make Spanish-originated films and series but…
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Forecast: Linear ad market collapsing
MoffettNathanson predicts 2024 will be the year linear TV advertising model fails. “We had initial concerns about the early promises of a second-half 2023 recovery […] In all honesty, despite these concerns throughout the years, linear TV has ended up even worse than we expected,” writes Michael Nathanson. Nathanson has lowered his forecasts and he…
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Ramp CEO says the fintech startup is just scratching the surface
Fintech exploded over the last five years. Startups in the category raised more than $350 million in VC funding from 2019 through 2023, according to data from CB Insights. Despite all that growth, Eric Gylman, the co-founder and CEO of Ramp thinks that the industry, and companies like his, are just scratching the surface. Glyman…
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Paramount+ to roll out ad tier in Canada, Australia
Paramount+, the SVoD service from Paramount, has announced launch timing and pricing for its international ad-supported subscription offering, the ‘Basic (with ads)’ plan. The plan will roll out in April in Canada and in June in Australia, priced at C$6.99 and A$6.99, respectively. The Paramount+ ‘Premium’ plan will also roll out in Europe, beginning with…
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Nala set out to offer remittance services, it’s building a B2B payment platform too
Payments company Nala pivoted to offer remittance service in 2021, tapping the growing money transfer market in Africa, and demand for reliable and affordable services. Nala founder, Benjamin Fernandes, said they intended to build their products on this premise right from the outset. Over the last two years, the Tanzanian fintech, through its consumer fintech…
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WBA completes OpenRoaming trial in London
The Wireless Broadband Alliance (WBA), the industry body dedicated to improving Wi-Fi standards and services, has announced the successful completion of an advanced public Wi-Fi OpenRoaming proof-of-concept (PoC) in Shoreditch, London. A busy area for businesses, students and evening footfall, the PoC enabled phone users to seamlessly connect to Wi-Fi and move between cellular and…