je.st
news
Tag: mln
Sky invests USD 45 mln in iflix
2016-03-09 13:09:00| Telecompaper Headlines
(Telecompaper) European pay-TV provider Sky announced an agreement to invest USD 45 million in iflix, a streaming service in Southeast Asia. The deal will include the purchase of USD 2.5 million of iflix shares from existing investors. Under the new partnership, the parties will work together to identify areas of collaboration across the high-growth emerging markets in which iflix operates.
Verizon, FCC reach USD 1.35 mln 'supercookies' settlement
2016-03-08 10:31:00| Telecompaper Headlines
(Telecompaper) The FCC and Verizon have reached a settlement regarding an investigation into Verizon Wireless's practice of inserting unique identifier headers (UIDHs) or so-called "supercookies" into its customers' mobile internet traffic without their knowledge or consent. These undeletable cookies are inserted into web traffic and used to identify customers to deliver targeted ads from Verizon and other third parties. As a result of the investigation and settlement, Verizon Wireless is notifying consumers about its targeted advertising programmes, will obtain customers' opt-in consent before sharing UIDH with third parties, and will obtain customers' opt-in or opt-out consent before sharing UIDH internally within the Verizon corporate family. The company has agreed to pay a USD 1.35 million fine and adopt a three-year compliance plan.
Tags: reach
usd
settlement
verizon
KPN targets EUR 300 mln cost savings in new strategic plan
2016-03-07 08:47:00| Telecompaper Headlines
(Telecompaper) KPN has unveiled its new strategic plan at its annual Capital Markets Day. The previous plan from 2011 was known as 'Simplify, grow and innovate' and the latest version is headed 'Strengthen, simplify and grow'. The focus is on customer satisfaction, which should support growing revenues on the consumer market. The Dutch operator aims to increase the number of customers and the number of services per customers. KPN's ongoing cost-reduction programme targets savings of EUR 450 million compared to 2013. Further simplification is expected to lead to another EUR 300 million in savings in the period 2017-19. This will be based on simplifying and rationalising IT, systems and networks. The Dutch activities should see an improvement in the EBITDA margin of at least three percent points in the medium term compared to 38.3 percent in 2015. KPN said it invested "ahead of the curve" and can now reduce capex to 15-17 percent of revenue in the medium term, after 20.8 percent last year. This, along with lower interest and taxes, should lead to strong growth in free cash flow and growth in dividends.
Tunisia awards three LTE licences for over USD 200 mln
2016-03-03 19:07:00| Telecompaper Headlines
(Telecompaper) The Tunisian ICT and digital economy ministry has awarded LTE licences to the country's three operators, Tunisie Telecom, Orange Tunisia and Ooredoo Tunisia. All three were above the opening price of TND 155 million (approx USD 69 mln). Tunisie Telecom paid TND 155.101 million, Orange TND 156.331 million and Ooredoo TND 160 million. Moroccan news site Kapitalis.com writes that the operators have two weeks to present their payment guarantee and two more to complete the payment.
Tags: awards
usd
tunisia
licences
Dow, DuPont CEOs to get $80 mln in "golden parachute" payouts
2016-03-03 18:22:54| Chemicals - Topix.net
DowDuPont, the entity to be created by the merger of DuPont with Dow Chemical Co, said the chief executives of the two companies would get a combined $80 million in "golden parachute" payments after DowDuPont splits into three. "Golden parachute" payments are contracts that give a top executive substantial benefits if the company is taken over and their employment is terminated as a result.
Sites : [71] [72] [73] [74] [75] [76] [77] [78] [79] [80] [81] [82] [83] [84] [85] [86] [87] [88] [89] [90] next »