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Tag: mln
HMD Global raises USD 100 mln to accelerate Nokia phone sales
2018-05-21 14:12:00| Telecompaper Headlines
(Telecompaper) HMD Global, the maker of Nokia brand phones, announced that it has raised USD 100 million from multiple investors to help scale business operations and fund the company's growth in its second year. This round of investment was led by Geneva-based Ginko Ventures, with participation from DMJ Asia Investment Opportunity and Wonderful Stars, a subsidiary of FIH Mobile.
Canada sells leftover spectrum licences, Cogeco spends CAD 24 mln
2018-05-21 09:02:00| Telecompaper Headlines
(Telecompaper) Canada has completed an auction of leftover spectrum licences in the 700 MHz, 2,500 MHz, 2,300 MHz and PCS-G bands. Cogeco Communications was the top bidder, acquiring 23 licences of 2,500 MHz and 2,300 MHz spectrum, primarily in its Ontario and Quebec wireline footprint, for a total of CAD 24.3 million.
Tags: canada
cad
spectrum
sells
Facebook's first enforcement report shows 583 mln fake accounts disabled Q1
2018-05-16 08:30:00| Telecompaper Headlines
(Telecompaper) After opening up its Community Standards to the public for the first time, Facebook has now released a Community Standards Enforcement Report, covering six areas, including graphic violence, adult nudity and sexual activity, terrorist propaganda, hate speech, spam, and fake accounts. Most of the action taken was to remove spam content and the fake accounts used to distribute that spam. Facebook noted that while its artificial intelligence technology found and flagged many standard violations, more progress needed to be done.
Tags: report
shows
accounts
disabled
MTN Group adds 4.1 mln new subscribers in Q1
2018-05-03 14:31:00| Telecompaper Headlines
(Telecompaper) MTN Group added 4.1 million new subscribers in the first quarter, ending March with a total of 221.3 million in 22 countries across Africa and the Middle East. That represents a 1.9 percent increase quarter-on-quarter. Active MTN Mobile Money customers increased by 3.9 percent on a quarterly basis to 22.7 million, and mobile money revenues were up 52.4 percent year-on-year. MTN also reported group voice revenue up 5.4 percent thanks to strong growth in Nigeria and Ghana, and data revenue up 26.9 percent as it expanded coverage across its footprint.
Tags: group
adds
subscribers
q1
Hulu passes 20 mln subscribers mark, looks to expand advertising options
2018-05-03 08:38:00| Telecompaper Headlines
(Telecompaper) Hulu passed the 20 million subscriber mark in the first quarter of the year, after going over 17 million at the end of last year. The news was announced at the Hulu 18 Presentation, at the newly-named Hulu Theater at Madison Square Garden in New York City. The company added that engagement on its platform jumped by more than 60 percent.
Tags: options
advertising
mark
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