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Spain's Pepephone for sale for EUR 200 mln - report
2015-10-12 08:38:00| Telecompaper Headlines
(Telecompaper) The owners of Spanish MVNO Pepephone have taken steps to sell the operator for around EUR 200 million, according to unnamed sources cited by business daily El Economista. Javier Hidalgo and Rosauro Varo, current owners of Pepephone, have signed up Spanish bank BBVA to look for potential buyers for the operator, said the sources, adding that its modest size wouldn't pose any regulatory problems. Pepephone launched as an MVNO in Spain in 2007 and has reached nearly half a million customers in its domestic market. The operator recently switched to the Movistar (Telefonica) network and has plans to launch in Mexico in March or April 2016, before rolling out its service in Colombia and other Latin American countries.
Telefonica boosts cybersecurity sales to EUR 400 mln a year
2015-10-09 11:05:00| Telecompaper Headlines
(Telecompaper) Telefonica has increased the global revenues arising from its cybersecurity business to EUR 400 million a year, including EUR 100 million in the Spanish corporate sector alone, reports Cinco Dias. Speaking at Telefonica's Security Innovation Day in Madrid, head of cybersecurity Chema Alonso said the company is targeting a 30 percent growth in the segment next year. "We want to be a player in security technologies, which is why we have opted for the development of our own solutions to expand our portfolio of services," said former celebrity hacker Alonso, who now heads Telefonica's digital security subsidiary Eleven Paths. The company took advantage of the event to announce strategic alliances with key players in the security sector including Alien Vault, BlueCoat, Intel Security, Palo Alto Networks, RSA and Vaultive.
Highest likely bid for Telekom Srbija is EUR 1.2 bln
2015-10-08 14:07:00| Telecompaper Headlines
(Telecompaper) The biggest single bid for Telekom Srbija could reach EUR 1.2 billion and it comes from a foreign investment fund, reports Vecernje Novosti. According to the same source, a Russian operator is also prepared to increase its initial bid. A total of eight possible bidders are in the race, including investment funds. Serbia is selling a majority state share package (58.11%) in Telekom Srbija. Small shareholders currently have 21.89 percent, while the remaining 20 percent is owned by the company itself.
XBT Provider AB: Bitcoin Tracker EUR to start trading on Nasdaq Nordic today
2015-10-05 09:28:51| Appliances - Topix.net
Starting today anyone with a brokerage account connected to Nasdaq Nordic can trade the ETN "Bitcoin Tracker EUR" The ticker code is Bitcoin XBTE. ISIN: SE0007525332 Bitcoin Tracker EUR is designed to mirror the return of the underlying asset, U.S. dollar per Bitcoin.
EC pledges EUR 140 mln to supercomputing projects
2015-10-02 14:00:00| Telecompaper Headlines
(Telecompaper) The European Commission has announced that it will invest EUR 140 million to fund a series of newly launched projects and centres of excellence in the field of supercomputing, or HPC (High Performance Computing). The funding is part of the Horizon 2020 programme to achieve world-class, extreme scale computing capabilities and will be used to address challenges such as increasing the energy efficiency of HPC systems or making it easier to program and run applications on these complex machines. As part of the HPC push, the EC is helping to fund eight new Centres of Excellence on supercomputing applications and codes.
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