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Rovio sets IPO price range, plans market cap of almost EUR 900 million
2017-09-15 09:49:00| Telecompaper Headlines
(Telecompaper) Rovio, the Finnish maker of the 'Angry Birds' game, has set the price range for its initial public offering of shares at EUR 10.25-11.50 per share. If confirmed, this would give the company a market capitalisation of almost EUR 900 million.
Open Fiber reaches 2 mln Italian homes, aims for 2019 IPO
2017-09-05 15:23:00| Telecompaper Headlines
(Telecompaper) The Open Fiber wholesale-only venture of Italian utility giant Enel and state lender CDP has already reached the milestone of 2 million homes connected to its fibre-optic network and is on course for an IPO in 2019, reports Milano-Finanza, citing the company's CEO Tommaso Pompei. "The cabling work is proceeding and we have already reached 2 million homes in Areas A and B, that is, those that are most profitable for operators," said Pompei at the sidelines of a conference in Cernobbio. One million of those connections derive from the Metroweb network acquired by Open Fiber a year ago, but the rest correspond to newly-built lines in cities such as Padua, Perugia and Naples.
Angry Birds creator Rovio launches IPO in Helsinki
2017-09-05 13:05:00| Telecompaper Headlines
(Telecompaper) The company did not give a time frame for the IPO, which it said will help it pursue its growth strategy and improve strategic flexibility, while listing will give it access to capital markets and broaden its ownership base. Operationally, the IPO is seen strengthening brand recognition.
NetLink IPO oversubscribed, raises SGD 2.35 billion
2017-07-18 14:21:00| Telecompaper Headlines
(Telecompaper) Singapore's NetLink NBN said its initial public offering of shares was two times oversubscribed, with demand for SGD 4.7 billion in shares. The wholesale network operator offered a total 2.713 million units to institutional investors and 185 million to the public in Singapore, at a price of SGD 0.81 per unit. This gives it gross proceeds of SGD 2.35 billion and a market capitalisation of SGD 3.1 billion.
Play IPO raises 1 billion
2017-07-17 02:00:00| Total Telecom industry news
Poland's Play last week revealed that its initial public offering (IPO) will raise €1.04 billion. The operator sold 121.57 million shares – which includes a 11…read more on TotalTele.com »
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