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BBC signs deal with Wi-Fi operator The Cloud

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MUMBAI: UK pucaster The BBC has become the first UK broadcaster to have all of its online content made available free via Wi-Fi. The non-exclusive venture enables the public to access all bbc.co.uk content for free through the UK’s largest network of hotspots, operated by The Cloud.

The 7,500 hotspots are located at a multitude of locations across the UK, including McDonald’s, Coffee Republic and BAA airports (Heathrow, Gatwick and Stansted), as well as a number of outdoor locations including Canary Wharf and the City of London.

Users will be able to access bbc.co.uk via an interactive video highlighting a range of content available or via a BBC logo, both of which are located on The Cloud’s landing site.

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BBC director of future media and technology Ashley Highfield said, “We are delighted to be partnering with The Cloud in what we hope is the first of many such partnerships across the UK. This is a new environment for the BBC and one which we believe will be hugely important for our future success.

“This venture enables us to offer free Wi-Fi access to BBC content on the high street, furthering the BBC’s commitment to make its content as widely available as possible to our audiences wherever they are. For instance, they can catch up on Strictly Come Dancing while having a caffe latte in Coffee Republic.”

The Cloud group director of business development Owen Geddes says, “Wi-Fi is emerging as the technology of choice for media and content owners wanting to extend their reach beyond traditional channels.

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“The explosion of media-capable devices, coupled with the high bandwidth and low cost Wi-Fi offers, means high-quality video and audio can be delivered to people wherever they are. The Cloud is leading the market, working with visionary thinkers like the BBC, in bringing content over wireless broadband to the mass market.”

In this initial phase, visitors to bbc.co.uk via The Cloud network will be able to view BBC content on all Wi-Fi compatible devices. However, users will only be able to download programmes from BBC iPlayer via a laptop.

In due course it is expected that the service will be available via mobile phones and other smart handheld devices.

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News Broadcasting

Network18 Q4 revenue grows 9.7 per cent, EBITDA at Rs 30 crore

PAT improves to Rs 306.6 crore, margins steady amid cost pressures.

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MUMBAI: Not all news is breaking, some of it is quietly improving. Network18 Media & Investments Limited appears to be doing just that, tightening losses and stabilising margins even as costs continue to weigh on the business. For FY26, the company reported revenue from operations of Rs 1,955.1 crore, up from Rs 1,896.2 crore in FY25, signalling modest top-line growth in a challenging media environment. Total income stood at Rs 1,978.2 crore, compared to Rs 1,913 crore a year earlier.

Profit after tax came in at Rs 306.6 crore for the year, a sharp turnaround from Rs 3,225.4 crore in FY25, largely reflecting the absence of large exceptional items that had inflated the previous year’s numbers. On a more comparable basis, the company’s operating performance showed signs of gradual stabilisation.

However, the quarterly picture remained under pressure. For the March quarter, Network18 reported a loss of Rs 53.1 crore, narrower than the Rs 98.1 crore loss in the same period last year, but still indicative of ongoing cost challenges.

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Expenses continued to track high. Total expenses for FY26 stood at Rs 2,235.7 crore, up from Rs 2,197.8 crore in FY25. Key cost heads included operational expenses of Rs 765.9 crore, employee benefits of Rs 475.9 crore, and marketing, distribution and promotional spends of Rs 427.1 crore, underlining the continued investment required to sustain reach and engagement.

At an operating level, margins remained under strain. Operating margin stood at 2.33 per cent for FY26, marginally higher than 1.77 per cent in FY25, while net profit margin remained negative at -13.02 per cent, though improved from -14.89 per cent.

On the balance sheet, total assets rose to Rs 8,957.6 crore as of 31 March 2026, from Rs 8,317.5 crore a year earlier. Equity strengthened to Rs 4,958.7 crore, while borrowings increased to Rs 3,112.8 crore, reflecting a higher reliance on debt to support operations.

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Cash flows told a mixed story. While financing activities generated Rs 83.9 crore, operating cash flow remained negative at Rs -24 crore, highlighting ongoing pressure on core cash generation. Cash and cash equivalents, however, improved to Rs 33.9 crore from Rs 1.8 crore.

The numbers point to a company in transition growing revenues, trimming losses, but still grappling with structural cost pressures. In a sector where scale often comes at a price, Network18 seems to be inching towards balance, one quarter at a time.

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