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Tag: mln
UPDATE 2-AT&T to take $130 mln charge related to voluntary retirement
2015-03-11 06:44:13| Telecom - Topix.net
AT&T Inc said it expected to take a charge of about $130 million in the current quarter, related to the voluntary retirement of nearly 3,000 employees by March 31. The retirements were made under a special offer allowing for lump sum distributions and enhanced payments, the telecom company said in a filing on Tuesday. In the first quarter ending March, the No.
Tags: related
update
charge
retirement
France nears 1 mln FTTH connections
2015-03-06 11:13:00| Telecompaper Headlines
(Telecompaper) France is nearing 1 million FTTH subscribers at the end of 2014, according to the latest broadband figures from regulator Arcep. The number of FTTH connections rose 67 percent last year to 935,000. In the last quarter of 2014, the total number of broadband connections of 30 Mbps or more, including both FTTH and VDSL, rose by 600,000 to 3.1 million. That is an increase of 50 percent year-on-year. The remaining broadband base, on speeds of less than 30 Mbps, totaled 22.9 million at year-end, stable year-on-year but a drop of 290,000 in the last three months of the year.
Tags: france
connections
mln
nears
HKBN raises USD 750 mln in IPO
2015-03-06 02:31:00| Telecompaper Headlines
(Telecompaper) Hong Kong-based fibre network operator HKBN raised USD 750 million in an IPO, the Wall Street Journal reports. Private-equity firm CVC Capital Partners and other shareholders, including Singapore sovereign-wealth fund GIC, sold 645 million shares at HKD 9. CVC will hold about a 14.4 percent stake in the operator after listing, compared with 70.7 percent currently, while GIC will hold a 9.9 percent stake, down from 11.3 percent. HKBN is scheduled to list on the Hong Kong Stock Exchange on 12 March. The offering is the largest in Hong Kong this year and the second biggest in Asia Pacific, after the USD 1.7 billion listing by Jasmine Broadband Internet Growth Infrastructure Fund in Bangkok last month.
AutoZone seeks retrial in $186 mln discrimination case
2015-03-05 02:48:14| Auto Parts - Topix.net
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Tags: case
seeks
discrimination
mln
China Mobile tops 100 mln 4G users, targets 250 mln by Dec
2015-03-04 09:27:00| Telecompaper Headlines
(Telecompaper) China Mobile reports it has reached 100 million domestic 4G network users since its TD-LTE launch in December 2013. The operator has also launched 4G international roaming services in 71 countries and regions. China Mobile ended January with over 700,000 4G base stations. The sales of 4G terminals exceeded 100 million and its 4G users topped 100 million. In 2015, China Mobile plans to build 1 million 4G base stations, and realize full coverage in the country by year-end. The operator also intends to increase the terminal sales by 250 million, among which the sales of 4G terminals would reach 200 million; and expand the 4G customer base to 250 million.
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