je.st
news
Tag: eur
Telefonica wins LTE spectrum in Slovakia for EUR 40 mln
2014-01-06 12:44:00| Telecompaper Headlines
(Telecompaper) Telefonica announced that it has won spectrum in the 800 and 1,800 MHz bands in Slovakia for a total price of EUR 40.3 million. While the Slovak regulator has yet to comment on the outcome of the recent auction, press reports in Slovakia said the auction finished at the end of 2013, and four operators are thought to have won frequencies. Telefonica said in a statement that it won two blocks in the 800 MHz band, good for a total 10 MHz, and one block of 0.6 MHz in the 1,800 MHz band. This will allow the operator to roll out a nationwide LTE network. It already started testing LTE in select areas in 2012. The other two mobile operators in Slovakia, Orange and T-Mobile, have yet to comment on the auction results, while Swan Telecom is reportedly the fourth operator to win spectrum in the auction.
Tags: eur
spectrum
wins
slovakia
Google fined EUR 900,000 by Spanish data protection agency
2013-12-19 16:55:00| Telecompaper Headlines
(Telecompaper) Spain's Data Protection Agency (AEPD) has fined Google a total of EUR 900,000 for three serious breaches of the Spanish data protection law related to its handling of customers' personal information. According to the AEPD, Google is illegally collecting and processing information from both registered and unregistered users, the latter referring to "passive users" that have not requested Google's services but simply access websites that include elements managed by the company. The agency added that Google is collecting personal information via the nearly 100 services and products that it offers in Spain without providing adequate information on the data collected or the purpose of that data, and without obtaining users' valid consent.
Tags: data
google
eur
protection
EU to provide EUR 700 mln for 5G research
2013-12-17 15:22:00| Telecompaper Headlines
(Telecompaper) The European Commission has agreed to support an industry initiative to develop fifth-generation mobile technology. The public-private partnership with the 5G PPP Association is one of eight strategic research projects co-funded by the EU. Working with a range of industry players, universities, scientific institutes and public bodies, the 5G PPP will further develop 5G technology to prepare for the future standardization of the system and components that are expected to be deployed in the next decade. Werner Mohr, head of research alliances at Nokia Solutions and Networks and chair of the 5G PPP Association, said LTE is expected to meet market demand until the end of this decade, after which the new generation of technology will be needed. The 5G project will receive EUR 700 million from the EU over the next seven years. The funding will be allocated through tenders under the EU's Horizon R&D subsidy programme. Industry participants are expected to provide around 50 percent of the financing in Horizon tenders, while their overall investment in the project is expected to reach 3-10 times the public funding.
Tags: provide
research
eur
mln
Orange to sell Dominican Republic unit for over EUR 1 bln
2013-11-22 23:43:00| Telecompaper Headlines
(Telecompaper) Orange is within days of announcing the sale of its Dominican Republic unit for "well over" EUR 1 billion (approximately USD 1.35 billion), the Wall Street Journal reports, citing Orange CEO Stephane Richard. "The probability that we'll make a Dominican Republic announcement in coming days is very high," Richard said. "It's for a value well above what had been expected, well above EUR 1 billion", he added. The statement was made at a Morgan Stanley investor conference in Barcelona. Richard declined to name the buyer or give further details related to the deal. Three sources familiar with the matter told Bloomberg that the likely buyer is cable investment group Altice. The latter last month acquired the Dominican operator Tricom.
Deutsche Telekom agrees Scout24 sale for EUR 1.5 bln
2013-11-21 16:26:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom has reached an agreement to sell a 70 percent stake in its directories unit Scout24 to Hellman & Friedman. Deutsche Telekom will retain a 30 percent stake in the company. The transaction, expected to close in the first quarter of 2014 pending regulatory approval, will generate cash proceeds at closing of approximately EUR 1.5 billion. The German operator acquired Scout24 in 2004 and has been looking to sell the company since early this year. It reportedly attracted the interest of several private equity groups. Scout24 operates the online classifieds sites ImmobilienScout24 and AutoScout24 in Germany. It counts around 14 million monthly visitors and operates in 22 countries. Hellman & Friedman is a US-based private equity firm specialising in the TMT sector.
Tags: sale
eur
deutsche
agrees
Sites : [72] [73] [74] [75] [76] [77] [78] [79] [80] [81] [82] [83] [84] [85] [86] [87] [88] [89] [90] [91] next »