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Tag: eur
Facebook loses Belgian privacy case, faces up to EUR 100 mln fine
2018-02-16 16:03:00| Telecompaper Headlines
(Telecompaper) A judge in Brussels has told Facebook to destroy all unlawfully obtained personal data in Belgium, saying the social network failed to provide sufficient information to people about how it collects and stores data. The judgment came in favour of the Belgian Privacy Commission, which has been pursuing the company for several years over unauthorised tracking of both Facebook users and others through cookies.
Qualcomm fined EUR 997 mln by EU for abusing dominant position in Apple deal
2018-01-24 11:35:00| Telecompaper Headlines
(Telecompaper) The European Commission has fined Qualcomm EUR 997 million for abusing its dominant position in the market for LTE smartphone chips. The company was found to have made special payments to Apple in order to ensure only Qualcomm chips were used in the iPhone and iPad.
Vodafone confirms takeover of Cyta Hellas for EUR 118 million
2018-01-23 08:31:00| Telecompaper Headlines
(Telecompaper) Cyprus operator Cyta announced that Vodafone won the auction to acquire 100 percent of its Greek subsidiary, Cyta Hellas. Vodafone confirmed an agreement to buy the company for an enterprise value of EUR 118 million. The takeover still needs the approval of Greek regulator EETT.
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Vodafone Italia launches EUR 10 mln 5G startup call
2018-01-10 15:02:00| Telecompaper Headlines
(Telecompaper) Vodafone Italia has teamed up with the PoliHub incubator of Milan's Politecnico university to launch 'Action for 5G', the first startup call devoted to development of projects based on the 5G standard in Italy. The company pledged to allocate EUR 10 million over four years to promote projects in areas such as robotics, augmented and virtual reality as well as 5G-based apps and digital solutions covering the industry 4.0, healthcare, smart city, smart grid, security and entertainment sectors.
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Italy fines TIM, Wind Tre, Vodafone and Fastweb EUR 1.16 mln each for 28-day bills
2017-12-21 08:57:00| Telecompaper Headlines
(Telecompaper) Italian communications regulator Agcom has fined the operators Telecom Italia (TIM), Wind Tre, Vodafone and Fastweb a total of EUR 1.16 million each for calculating fixed line invoices on the basis of a 28-day period and overcharging customers over 12 months. In a statement, the watchdog said it had decided to apply the maximum fine provided by law for failure to comply with its order to abolish 28-day fixed-line telephony and convergent bills with a view to "ensuring maximum transparency and comparability of current prices, as well as control of consumption and spending by means of a standard (monthly) unit of reference."
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