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Austrian multi-band auction yields EUR 2.014 billion

2013-10-21 20:52:00| Telecompaper Headlines

(Telecompaper) The Austrian telecommunications commission TKK completed the auction for the 800 MHz, 900 MHz and 1800 MHz frequency ranges, resulting in revenues of approx. EUR 2.014 billion for the Republic of Austria. The total frequency blocks auctioned off were as follows: six in the 800 MHz band, seven in the 900 MHz band and 15 in the 1800 MHz band. All frequencies are technology-neutral to be used for GSM, UMTS and LTE. The frequency assignment procedure will be completed with legal effect when the official decisions are issued in the course of November. The only mobile network operators to participate in the multiband auction were the three current Austrian operators A1 Telekom, T-Mobile Austria and 3 Austria. A total of 28 frequency packages, each consisting of 2x5 MHz, were awarded to the bidders as follows: A1 Telekom acquired 14 packages for approx. EUR 1.030 billion; T-Mobile acquired nine packages for approx. EUR 654 million and Hutchison successfully bid for five packages, paying approx. EUR 330 million.

Tags: eur auction billion yields

ReadSoft Signs 380,000 EUR Deal with Global Energy & Resource Provider

2013-10-07 06:00:00| Industrial Newsroom - All News for Today

ReadSoft France has reached an agreement with a global essential and specialty chemicals provider. The existing customer has chosen to expand its use of ReadSoft’s invoice automation solution. The deal was signed in the third quarter of 2013, and includes licenses and services, with a total project value of 380,000 EUR.<br /> <br /> The customer is a world-leading chemical company who already processes hundreds of thousands of invoices with ReadSoft’s SAP®-certified invoice ...This story is related to the following:Accounting & Financial Software |

Tags: eur global energy deal

Large German Chemical Supplier Automates with ReadSoft in 324,000 EUR Deal

2013-09-23 06:00:00| Industrial Newsroom - All News for Today

ReadSoft Germany has reached an agreement with a large chemical provider to automate their invoice processing. The deal was signed in the third quarter of 2013, and includes licenses, maintenance and services, with a total project value of 324,000 EUR.<br /> <br /> The company is a world leader in its space within the chemicals industry and with its new growth initiatives, the management team has identified the need to make savings and increase efficiency by adopting ReadSoft's solution to ...This story is related to the following:Invoice Processing Software | Billing Software | Document Management Software

Tags: large eur deal german

KPN to book EUR 3.7 bln loss on E-Plus sale

2013-09-16 08:57:00| Telecompaper Headlines

(Telecompaper) KPN plans to take a book loss of EUR 3.7 billion on the sale of its German subsidiary E-Plus. The company said it reached agreement with the Dutch tax authorities on the amount of the loss. It will be able to offset the loss against future taxable profits, starting in 2014. KPN has agreed to sell E-Plus to Telefonica for EUR 5 billion plus a 17.6 percent stake in Telefonica Germany. The sale still requires shareholder approval.

Tags: book sale eur loss