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Tag: 125 mln
EC fines Altice EUR 125 mln for breaching EU rules over merger notification
2018-04-24 14:20:00| Telecompaper Headlines
(Telecompaper) For its part, Altice said it fully disagrees with the Commission's decision. It believes the transaction agreement governing the management of the target during the pre-closing period provided Altice with a consultation right on certain exceptional matters relating to PT Portugal, and was in accordance with well-established M&A market practice. Altice said it will file an appeal against the Commission's decision before the EU General Court to request that the decision as a whole be annulled or, at the very least, that the sanction be significantly reduced.
Tags: over
eur
rules
notification
Netflix reaches 125 mln subscribers after strong Q1
2018-04-17 10:00:00| Telecompaper Headlines
(Telecompaper) Netflix said it reached a first quarter record of 7.41 million streaming subscribers added, with 1.96 million coming from the US and 5.46 million elsewhere. The total number of subscribers amounted to 125 million, up from over 117 million in the previous quarter and almost 98 million a year ago, including almost 57 million in the US and over 68 million outside. The results passed company expectations of 6.3 million additions. Netflix also reached record revenue growth, pushed by its strong show at international, which now accounts for 50 percent of revenues and 55 percent of subscribers.
Tags: strong
subscribers
reaches
q1
FourKites scores $1.25 mln seed
2015-06-04 02:26:38| Logistics - Topix.net
FourKites, the leading logistics tracking platform that provides visibility and real-time location tracking for shippers, third-party logistics providers and freight brokers today announced the closing of a $1.25 million round of seed funding led by Hyde Park Venture Partners. Hyde Park Angels, Harvard Business School Angels, Bluestein & Associates and Otter Consulting also participated in the investment.
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