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Tag: billion
China's Tencent hits $200 billion market cap for first time
2015-04-13 15:20:44| Telecom - Topix.net
China's Tencent Holdings Ltd for the first time hit a market cap of more than $200 billion on Monday, making it more valuable than U.S. tech firms like Amazon.com Inc, IBM Corp and Oracle Corp. The country's biggest social networking and online entertainment firm rose 5.38 percent to close at HK$170.50 in trading in Hong Kong, giving it a market valuation of $206 billion. This is higher than Oracle's $190 billion, Amazon's $178 billion and IBM's $161 billion.
Charter to offer $1.5 billion in unsecured notes
2015-04-13 15:20:43| Telecom - Topix.net
Charter Communications Inc. plans to offer $1.5 billion in senior unsecured notes that will be due in 2023 and 2025. Proceeds from the sale will be used to finance a tender offer for $1 billion in outstanding senior notes due in 2017 and for general corporate purposes, according to a release from the company.
Tags: offer
notes
billion
charter
GM mulls $1 billion renovation of technical center near Detroit: Bloomberg
2015-04-13 05:10:48| Automakers - Topix.net
General Motors Co is considering plans to spend as much as $1 billion renovating its Technical Center, a facility that is more than 50 years old, Bloomberg reported. The renovations would include offices for 2,500 new employees specializing in electrical engineering, software development and information technology, Bloomberg reported on Friday.
Tags: center
technical
billion
detroit
Global 3D printing market expanded to $4 billion in 2014: report
2015-04-10 20:41:46| Canadian Plastics Headlines
The global market for additive manufacturing and 3D printing grew 35.2 per cent, and expanded by more than US$1 billion, to US$4.1 billion in 2014, according to a new report by market research firm Wohlers Associates Inc. The compound annual… The post Global 3D printing market expanded to $4 billion in 2014: report appeared first on Canadian Plastics.
Tags: report
market
global
expanded
Cell C launches ZAR 8 billion LTE network plans
2015-04-10 10:06:00| Telecompaper Headlines
(Telecompaper) South Africa mobile operator Cell C announced plans to invest ZAR 8 billion in its LTE network over the next three years. The operator said its LTE strategy will focus on metropolitan areas where people work and live. The primary commuting areas that fall outside the major metros will remain covered by HSPA+, said Cell C CEO Jose Dos Santos. Cell C has signed supply agreements with both Huawei and ZTE, which will drive the rollout of the planned 4,000 LTE sites. The first areas to receive the expanded LTE network will be Gauteng, KwaZulu-Natal and the Western Cape. Gated communities and high-density residential areas where there is a great demand for high speed data will be one of the priorities. The operator plans to start upgrading areas in Rosebank and Sandton, and then move onto the northern Johannesburg areas. This will be followed by the northern Gauteng areas, including Pretoria and Centurion, and then Benoni, Boksburg, Johannesburg proper, Soweto, Lenasia, and Roodepoort. In KZN, Hillcrest through to the Dolphin Coast, Umhlanga, Chatsworth, Durban South, Pietermaritzburg, and Umlazi will benefit from the LTE rollout. Areas in the Western Cape which will be targeted include SeaPoint to Durbanville, the airport, Stellenbosch, Simon's Town through Constantia, Brakenfell, Somerset West, Mitchells Plain, and Paarl.
Tags: network
plans
cell
billion
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