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Vodafone to acquire Greek operator HOL for EUR 73 mln

2014-08-22 14:12:00| Telecompaper Headlines

(Telecompaper) Vodafone has agreed to buy control of Greek broadband provider Hellas Online. Vodafone already holds an 18.4 percent stake in HOL since 2009, and the two work together in the market bundling fixed and mobile services. Vodafone Greece has agreed to acquire another 72.7 percent of HOL from Intracom for EUR 72.7 million cash. The transaction values the fully diluted equity of HOL at EUR 100 million and is equivalent to an enterprise value of EUR 311 million including HOL's adjusted net debt of EUR 211 million. HOL had 519,000 customers at the end of 2013 and generated revenue of EUR 227.4 million, EBITDA of EUR 68.4 million and capex of EUR 36.7 million last year. The takeover price values the company at 4.5 times annual EBITDA. Vodafone expects to achieve cost and capex synergies with an annual run-rate of EUR 24 million before integration costs by the third full year after completing the acquisition. The synergies will come from sharing network and IT infrastructure, savings on marketing and bill collections, and rationalisation of overlapping functions.  

Tags: eur operator greek acquire

 

Join Our Team: Water Treatment Operator II

2014-08-05 17:56:25| PortlandOnline

Tags: join team water treatment

 
 

Spain's Telefonica makes $9 billion offer to buy Brazilian operator GVT

2014-08-05 12:35:49| Telecom - Topix.net

Spain's telecommunications company Telefonica says it has made a 6.7 billion-euro offer to buy Brazilian operator Global Village Telecom, or GVT, from French media conglomerate Vivendi.

Tags: buy offer makes operator

 

Operator Control Units can be used in explosive environments.

2014-07-30 14:32:03| Industrial Newsroom - All News for Today

Mid-sized LRC-M1-IS and full-sized LRC-L1-IS are intrinsically safe operator control units (OCUs) approved for use in highly explosive environments. By adding these units to CattronControl™ products, operators can safely position themselves to best advantage without being restricted to manual control station or wired pendant. Supplied in Ergonomic housing, both OCUs are approved for Zone 0 use and employ dual processor electronics and safety critical software. This story is related to the following:Mobile Remote Controls | Safety Controls |

Tags: control units operator environments

 

Facing Mounting Interest, Pipeline Operator Agrees to Pay Costs

2014-07-22 23:45:54| ENR.com: Headline News

Dallas-owned pipeline compnay agrees to pay costs of a construction dispute as interest penalties mount.

Tags: interest pay costs operator

 

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