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ECARX takes 15% stake in Volvo Cars subsidiary Zenseact; autonomous driving technology collaboration in China
2021-07-15 11:55:41| Green Car Congress
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Mercedes-Benz takes stake in H2 Green Steel; to begin use of green steel in 2025
2021-05-26 11:55:40| Green Car Congress
CDPQ takes 1.6 billion stake in American Towers European business
2021-05-05 02:00:00| Total Telecom industry news
Today, American Tower Corporations (ATC) has announced that they have struck a deal with Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) for the sale of a 30% stake in their European business, ATC Europe. The transaction will be for €1.6 billion, giving ATC Europe a total valuation of €8.8 billion. ATC will retain managerial and operational control of ATC Europe…read more on TotalTele.com »
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Eutelsat takes stake in OneWeb following launch of 36 satellites
2021-04-28 02:00:00| Total Telecom industry news
Last weekend, OneWeb launched 36 new LEO satellites into orbit, increasing the size of its constellation to 182. This launch follows a previous launch around a month ago that also sent 36 satellites into orbit. OneWeb will require two more 36-satellite launches before the company can reach its interim goal of total UK coverage by the end of the year, with the constellation also able to cover Alaska, Northern Europe, Greenland…read more on TotalTele.com »
Open RAN gets boost as Koch takes $500m stake in Mavenir
2021-04-22 02:00:00| Total Telecom industry news
In a major vote of confidence for the future of Open RAN, US-based tech specialist Mavenir yesterday announced that KSP would be investing in a $500 million stake in the company. KSP, a subsidiary of Koch Investments Group, will be taking a minority stake in the company, with private equity firm Siris Capital Group maintaining majority ownership. The exact size of KSP’s minority stake remains unspecified, making it unclear exactly what valuation the investors give to the vendor…read more on TotalTele.com »