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WhatsApp starts charging business users

2018-08-01 19:46:02| BBC News | Business | UK Edition

Companies will be charged to send customers messages via the platform.

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Nokia sales fall 6% in Q2, sees better H2 as 5G roll-out starts

2018-07-26 07:52:00| Telecompaper Headlines

(Telecompaper) Nokia saw its sales turn lower again in the second quarter, but said it expects the networks business to improve in the second half, as 5G deployments start toward the end of the year. Second-quarter sales fell to EUR 5.3 billion from EUR 5.6 billion a year ago and were down 1 percent on a constant currency basis. The net loss narrowed to EUR 0.05 per share from EUR 0.07 a year earlier, while adjusted EPS dropped to EUR 0.03 from EUR 0.08. 

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Qualcomm abandons NXP takeover, starts USD 30 billion share buyback

2018-07-26 07:10:00| Telecompaper Headlines

(Telecompaper) Qualcomm has abandoned its takeover of NXP Semiconductors after it was unable to obtain regulatory approval in China by the agreed deadline of 25 July. The failure to close the deal, first announced in October 2016, means Qualcomm will pay NXP a termination fee of USD 2 billion. Qualcomm also announced plans to buy back USD 30 billion of its own shares, alongside its results for the fiscal third quarter to June. 

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July 24 work session video (RIP starts at 1:00:00)

2018-07-26 01:53:29| PortlandOnline

PSCs fourth work session continues their discussion on the scale and housing options proposals.

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Telecom Italia revenues down 2.7% in H1, starts evaluating asset sales

2018-07-25 08:25:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) reported a 2.7 percent year-on-year decline in first-half revenues to EUR 9.51 billion on a comparable basis, hit by the devaluation of the Brazilian real at its TIM Brasil unit, a recent jobs deal, the return to monthly billing in Italy and other regulatory impacts. The company's earnings before interest, tax, depreciation and amortisation (EBITDA) was EUR 3.92 billion in the first six months, down 4.8 percent compared to the year-earlier result of EUR 4.11 billion, while the margin was down 0.9 of a percentage point to 41.2 percent. TIM added that organic EBITDA net of non-recurring components and other one-offs totalled EUR 4.04 billion, some EUR 2 million higher than a year earlier, while capital expenditure fell EUR 381 million to EUR 1.68 billion on a comparable basis.

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