BBWN Bites: Subscribers Freeze Out Netflix
Also today, DT balks when Vodafone gets thumbs up on acquisition, BT rides the elevator to success, DNA parts with terrestrial TV and IoT satellite services' ballooning market.
Fewer consumers are chilling with Netflix, a signal of what may be to come as the service loses Friends and other popular programs as competition heats up. The video-streaming provider late Wednesday reported a severe shortfall in subscriber targets, adding 2.7 million new customers worldwide, more than 45% below its guidance of 5 million net additions. Netflix actually lost subscribers in the US, where 130,000 paying customers quit the service -- unlike 12 months prior, when 870,000 people signed up. (See Stranger Things: Netflix Falls Short on Subs.)
Deutsche Telekom is considering legal action after the European Commission approved Vodafone's acquisition of Liberty Global's cable business in four European countries. The EC attached conditions to the purchases in Germany, the Czech Republic, Hungary and Romania, as Light Reading's Iain Morris wrote. (Catch up here: DT Considers Legal Action Over Vodafone-Liberty Merger and Vodafone Gets Blessing for €18.4B Liberty Takeover.)
Schindler -- which makes elevators, escalators and moving walkways -- chose BT to develop and manage a reliable, secure global network to connect its data centers, offices, factories and contact centers. BT's IP Connect incorporates multiple access technologies, ranging from VDSL and Gfast to FTTx, enabling customers to leverage existing copper or deploy new fiber-optic cable.
Finnish service provider DNA will sell its terrestrial pay-TV network business to Digita Oy, with the transfer going into effect on Jan. 1, 2020. DNA will continue to focus on serving its more than 600,000 cable and broadband pay-TV service customers, said Pekka Väisänen, senior vice president of DNA's Consumer Business, in a statement. The operator also has about 250,000 DNA TV customers, Väisänen added. The deal, which has terms that will not be disclosed, awaits regulatory approval.
The worldwide market for IoT-specific satellite services that focus on connecting end-devices and connectivity fees will be worth $5.9 billion in 2025, after it starts to take off in 2021 or 2022, predicts Rethink Research. Incumbent broadband satellite providers will face new, more nimble startups, the report said. There will be about 30.3 million satellite IoT devices deployed globally by 2025, growing at a CAGR of just under 40%, versus 2.5 million satellite IoT devices in 2019, the researcher said.
Riding on the Escalator of Life
BT's infrastructure, based on technologies including fiber, will support all of Schindler,
known for its elevators and escalators.
— Alison Diana, Editor, Broadband World News. Follow us on Twitter or @alisoncdiana.
Here's where you can find episode links for 'The Divide,' Light Reading's podcast series featuring conversations with broadband providers and policymakers working to close the digital divide.
As we have for the past two years, Light Reading will present our Cable Next-Gen Europe conference as a free digital symposium on June 21.
Charter has sparked RDOF work in all 24 states where it won bids. The cable op booked about $19 million in RDOF revenues in Q1, and expects to have about $9 million per month come in over the next ten years.
As we have for the past two years, Light Reading will stage the Cable Next-Gen Technologies & Strategies conference as a free digital event over two half-days in mid-March.
Launch of 2-Gig and 5-Gig FTTP tiers in 70-plus markets puts more pressure on cable ops to enhance their existing DOCSIS 3.1 network or accelerate their upgrade activity centered on the new DOCSIS 4.0 specs.