je.st
news
Tag: mln
DT agrees Slovak Telekom buy-out for EUR 900 mln
2015-05-19 13:26:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom announced an agreement to acquire the remaining 49 percent in Slovak Telekom it does yet own from the Slovakia government for EUR 900 million. The Slovak government earlier planned an IPO for its stake, until it received a better offer from the German operator. Deutsche Telekom said the price corresponds to an enterprise value of 3.8 times the operator's EBITDA. Claudia Nemat, DT board member for Europe, said ST is a "highly attractive asset", as the only quad-play provider in Slovakia and leading fixed-line operator. Furthermore, it is the second of DT's subsidiaries to operate an all-IP network and recently adopted the operator's Magenta One converged fixed-mobile strategy. The acquisition of the remaining shares allows for simplification of the capital and governance structure of Slovak Telekom and will keep a greater share of cash at the operator, due to an end to dividends to minority shareholders. Slovak Telekom is already fully consolidated by Deutsche Telekom, so the transaction has no impact on group revenue and EBITDA. The transaction is not subject to regulatory approvals and is expected to be completed in the coming weeks.
Tags: eur
agrees
telekom
slovak
Telefonica to invest USD 200 mln in new innovation platform
2015-05-18 13:57:00| Telecompaper Headlines
(Telecompaper) Telefonica and seed investor Coral Group have joined forces to create an investment platform aimed at accelerating the development of innovative products and initiatives for the operator's customers in Europe and Latin America. Under the terms of the strategic partnership Telefonica will invest USD 200 million in Coral's Communications Investment Platform (CIP) via its Open Future programme. Telefonica said its investment in CIP would help it to form "innovation factories" to accelerate the creation of new and disruptive technologies for its 320 million customers. The partners added that they are looking to expand the reach of the CIP with up to four additional communication service providers around the world, ultimately investing up to USD 1 billion in new technologies and services to reach 1-2 billion customers.
Tags: usd
platform
innovation
invest
Canadian 2500 MHz auction raises CAD 755 mln
2015-05-13 07:49:00| Telecompaper Headlines
(Telecompaper) Canadian Industry Minister James Moore said nine companies acquired spectrum during the 2500 MHz auction, which raised a total of CAD 755.37 million. Moore said that a total of 318 licences in 61 areas across the country were offered in the 2500 MHz auction. All spectrum licences contained strict "use it or lose it" deployment requirements. Bell, Quebecor, Telus and CCI Wireless were among the operators which bought licenses.
Tags: canadian
auction
cad
mhz
Eurofiber sold for EUR 875 mln to Antin IP
2015-05-12 15:04:00| Telecompaper Headlines
(Telecompaper) The French investment company Antin Infrastructure Partners has agreed to buy the Dutch network operator Eurofiber for EUR 875 million. Eurofiber is owned by investors Doughty Hanson and Reggeborgh. Eurofiber will continue as an independent operator under the same management. The company said the new owner should help accelerate its growth in the infrastructure market in the Dutch enterprise sector and elsewhere. Rumours of a possible sale of Eurofiber first emerged last autumn. CEO Alex Goldblum told Telecompaper that the company talked to multiple possible bidders. "Our focus was on forming a partnership and we found that with Antin IP," he said. While an IPO was also considered, this was not a serious option, the CEO said. Antin IP focuses on investments in critical infrastructure, such as telecom towers and energy companies. The company supports Eurofiber's open network model, Goldblum said, noting that customers should see no change from the switch in ownership.
Sprint net adds reach 1.2 mln as revenues, profit fall in Q4
2015-05-05 13:51:00| Telecompaper Headlines
(Telecompaper) Sprint announced results for its fiscal fourth quarter, saying net additions lifted to 1.2 million, the highest number in nearly three years, compared to net losses of 383,000 during its fiscal third quarter. Still, total revenues fell 7 percent year-on-year to USD 8.3 billion on the back of lower wireless service revenues. The adjusted EBITDA declined 5 percent to USD 1.7 billion while the operating profit slid to USD 318 million from 420, mainly due to higher depreciation expense. The net loss widened to USD 224 million or USD 0.06 per share, from a loss the year earlier of 151 million or 0.04 per share. Postpaid net additions improved to 211,000 from 30,000 in Q3. The company was net port positive for the first in nearly three years. Postpaid phone losses of 201,000 improved from 205,000 losses in Q3. Postpaid tablet net additions amounted to 349,000 from 189,000. Prepaid net additions amounted to 546,000 compared to 410,000 in Q3. Wholesale net additions went to 492,000 from 527,000. Postpaid ARPU fell to USD 56.94 from 58.90 in Q3. Postpaid churn lifted by 46 basis points sequentially to 1.84 percent, on the back of increasing credit standards, and a better network experience.
Sites : [99] [100] [101] [102] [103] [104] [105] [106] [107] [108] [109] [110] [111] [112] [113] [114] [115] [116] [117] [118] next »