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BT promises 3.7 billion budget for FTTH and 5G, despite massive job cuts
2018-05-10 02:00:00| Total Telecom industry news
BT will increase its investment in fibre to the home (FTTH) connectivity and mobile network infrastructure to £3.7 billion per year, as the UK's former incumbent looks to overhaul its broadband networks in the coming years…read more on TotalTele.com »
Tags: job
budget
despite
billion
Walmart wins bidding for Flipkart, to buy 77% for USD 16 billion
2018-05-09 13:53:00| Telecompaper Headlines
(Telecompaper) Walmart has won the bidding to acquire Indian e-commerce platform Flipkart, beating Amazon to the deal. The US company will pay USD 16 billion to acquire a 77 percent stake in Flipkart from shareholders such as Softbank. Flipkart's founders as well as Tencent, Tiger Global and Microsoft will continue to hold minority stakes. Walmart said it will build out the Indian platform in the near term, ahead of an eventual IPO for Flipkart.
Two Ontario Toyota plants to get $1.4 billion upgrade
2018-05-09 04:54:45| Canadian Plastics Headlines
The Cambridge, Ont. and Woodstock, Ont. factories will become Toyota's North American manufacturing hub for the RAV4. The post Two Ontario Toyota plants to get $1.4 billion upgrade appeared first on Canadian Plastics.
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ontario
Vodafone to acquire 18 billion of European assets from Liberty Global
2018-05-09 02:00:00| Total Telecom industry news
Vodafone is set to complete the €18 billion purchase of a string of strategic German and Eastern European assets from Liberty Global. The deal will see Vodafone take possession of Liberty Global's German cabling firm Unitymedia and three smaller business units spread across Eastern Europe. …read more on TotalTele.com »
Tags: global
european
assets
billion
Blackstone to Acquire Gramercy Property in $7.6 Billion Deal
2018-05-07 16:26:35| National Real Estate Investor
Affiliates of Blackstone Real Estate Partners VIII will pay $27.50 for each Gramercy share, according to a statement Monday.
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