je.st
news
Tag: eur
EI Towers preparing EUR 860 mln Inwit bid - report
2015-11-10 11:53:00| Telecompaper Headlines
(Telecompaper) Italian tower operator EI Towers, controlled by commercial broadcaster Mediaset, is preparing a EUR 860 million bid to acquire a stake in Telecom Italia's mobile-phone tower unit Inwit, according to unnamed sources cited by Corriere della Sera. Previous reports have indicated that Telecom Italia has appointed Deutsche Bank to accelerate the sale of a 30-40 percent stake in Inwit, which operates some 11,500 sites across Italy. In September, Telecom Italia's board gave CEO Marco Patuano a mandate to explore the sale of Inwit, whose share value has risen sharply since Telecom Italia raised around EUR 780 million in June from an IPO of a 40 percent stake in the company.
Tags: report
eur
bid
preparing
KPN launches OTT TV service Play for EUR 12 per month
2015-11-02 10:37:00| Telecompaper Headlines
(Telecompaper) KPN has officially launched its OTT video and TV service Play. Customers can sign up on a dedicated website for a free one-month trial of the service, and those who take a full subscription before year-end will pay a promotional price of EUR 11.99 per month for the first 11 months. The standard price is EUR 14.99 per month. Announced in April and tested in the following months by the Dutch operator, Play offers a range of on-demand content as well as the most popular Dutch channels live. The service works with any internet connection, with no need to be a KPN subscriber. KPN offers apps to use the service on iOS and Android devices, and Play also works over Google's Chromecast. In total, Live offers 22 live channels, including the three NPO public channels, three RTL channels, SBS 6, Discovery Channel and National Geographic. Catch-up and recording options are available for some channels, and on-demand programming from channels such as HBO is also available. In addition, a VOD library of films and series is included. The service is initially offered in SD, and KPN said it's working to improve this to HD, as well as introduce a browser version of Play.
TeliaSonera considering EUR 500 mln sale of Yoigo - report
2015-10-20 09:25:00| Telecompaper Headlines
(Telecompaper) TeliaSonera is again considering the possibility of selling its 77 percent stake in Spanish mobile unit Yoigo after rival telecoms provider Masmovil Ibercom expressed an interest in acquiring Spain's number four operator, according to unnamed sources cited by Bloomberg. After nine years of activity in Spain, Yoigo still boasts over 3.4 million customers but its relatively low market share remains a concern to the Swedish parent company, which could raise around EUR 500 million from a sale of its stake, said the sources. Private-equity firms are also interested in the unit and may team up with Masmovil to push through the sale, added the sources. MasMovil has a long-held ambition to take over from Yoigo as Spain's fourth national integrated operator and recently acquired broadband assets from Jazztel that enable it to offer fibre services to around 720,000 households in Spain.
Deezer launches EUR 300 million IPO
2015-10-15 12:16:00| Telecompaper Headlines
(Telecompaper) French music streaming company Deezer has launched an IPO of 8.24 million shares priced at between EUR 36.40 and EUR 49.24 per share. The initial size of the global offering is EUR 300 million, based on the low end of the price range. An over-allotment option allows the sale of up to 1.24 million existing shares by DC Music, Idinvest Partners, CMCIC Capital, Daniel Marhely, Thomas Erhel and Xavier Niel for EUR 45 million, based on the low end of the price range. The subscription period for the French public offering is expected to close on 26 October and a day later for the international offering. The price will be set on 27 October. The shares are due to start trading on 30 October. Deezer will use the proceeds to develop and enlarge its subscriber base by investing in marketing, leveraging its ad-supported service and customer relationship management, offering promotions in markets participating in direct web and mobile marketing, and through distribution partnerships with telecom operators and other partners.
Tags: eur
million
ipo
launches
Telefonica fined EUR 5 mln for Spanish wholesale practices
2015-10-15 09:56:00| Telecompaper Headlines
(Telecompaper) Telefonica has been fined EUR 5 million by communications regulator CNMC for repeated breaches relating to the lease of its last mile fixed backbone network to rival operators. Specifically, the CNMC accused Telefonica of failing to heed orders to provide guaranteed and fully symmetrical access to its high-capacity Ethernet circuits, especially with regard to broadband services offered by alternative operators to the business segment (large companies, SMEs and freelancers). According to the regulator, Telefonica overcharged its rivals, applied illegal permanence clauses and exceeded the established delivery times. The breaches took place between October 2010 and February 2015 and affected several operators, including BT, Vodafone and Jazztel.
Tags: eur
spanish
practices
wholesale
Sites : [46] [47] [48] [49] [50] [51] [52] [53] [54] [55] [56] [57] [58] [59] [60] [61] [62] [63] [64] [65] next »