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Samsung Galaxy Fold smartphone sales hit 1 mln mark

2019-12-13 09:04:00| Telecompaper Headlines

(Telecompaper) Samsung has sold 1 million of its foldable Galaxy Fold smartphones, president said at TechCrunch Disrupt Berlin, widely passing estimates of 500,000 sold by early 2020. "There's a million people that want to use this product at USD 2,000," Sohn said.

Tags: sales mark hit samsung

 

NENT announces SEK 700 mln Q4 charge for job cuts and FTA write-downs as it focuses on streaming

2019-12-10 09:47:00| Telecompaper Headlines

(Telecompaper) Nordic Entertainment Group (NENT) said it has cut jobs in order to save some SEK 250 million a year, as it aims to offset currency headwinds and support the expansion of its Viaplay streaming service. It has announced a one-off charge of approximately SEK 700 million for the fourth quarter in redundancy costs and writedown of free-to-air television content and other assets. There is no change to NENT's profitable growth commitment for 2020.

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1&1 fined EUR 9.55 mln for GDPR infringement

2019-12-09 16:43:00| Telecompaper Headlines

(Telecompaper) The German Federal Commissioner for Data Protection and Freedom of Information (BfDI) has fined 1&1 a total of EUR 9.55 million for infringing the General Data Protection Regulation (GDPR). The company failed to protect sufficiently its customer service line, allowing third parties to access customer personal data by providing only a name and date of birth. 

Tags: eur infringement mln fined

 

French operators ramp up FTTP roll-out with 1.2 mln premises passed in Q3

2019-11-29 10:56:00| Telecompaper Headlines

(Telecompaper) French FTTP networks covered another 1.2 million homes and businesses in the three months to September, a new high after the record 1.1 million premises passed in the previous quarter. Overall, 16.7 million premises had access to FTTP services, up 34 percent year-on-year, said regulator Arcep in its latest

Tags: french passed operators premises

 

Alibaba to sell 500 mln new shares in Hong Kong listing

2019-11-15 09:29:00| Telecompaper Headlines

(Telecompaper) Alibaba Group is going ahead with plans for a secondary public offering and listing on the Hong Kong Stock Exchange. The company will sell 500 million new shares, raising around USD 13 billion based on its latest share price. 

Tags: sell listing hong kong

 

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