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Oman Broadband signs deal to use electricity firm Nama Group's fibre-optic network
2020-10-20 11:29:00| Telecompaper Headlines
(Telecompaper) Oman Broadband Company (OBC) has signed an agreement with Nama Group, formerly The Electricity Holding Company, allowing OBC to utilise Nama's nationwide fibre-optic infrastructure, which extends around 74,000 kilometres across the length and breadth of the country.
Tags: groups
network
deal
firm
Struggling KPN could be bought out by private equity firm EQT
2020-10-12 02:00:00| Total Telecom industry news
Even prior to the onset of the coronavirus, KPN was struggling to fight its corner in the highly competitive Dutch market. Its revenues have been declining for over a decade, with international powerhouse Vodafone and various domestic mergers making it difficult to compete, but 2020 has, unsurprisingly, seen the largest collapse in share value…read more on TotalTele.com »
Tags: private
firm
bought
equity
Cisco ordered to pay USD 1.9 bln to cybersecurity firm for infringing patents
2020-10-06 09:40:00| Telecompaper Headlines
(Telecompaper) Cisco has been ordered to pay USD 1.9 billion to Centripetal Networks for copying its cybersecurity patents, Reuters reported. A US district judge in Norfolk, Virginia made the ruling, saying Cisco was found to have infringed four patents belonging to Centripetal Networks, also based in Virginia. The judge did not find infringement of a fifth patent.
Telia sells Telia Carrier to pensions investment firm Polhem Infra for SEK 9.45 bln, restores dividend
2020-10-06 09:30:00| Telecompaper Headlines
(Telecompaper) Telia Company said that it has agreed to sell its international operation Telia Carrier to pensions investment firm Polhem Infra for SEK 9.45 billion on a cash and debt-free basis but is forming a long-term partnership with Telia Carrier to enable it to keep providing network services to Telia customers. The transaction is expected to generate a capital gain of about SEK 7.00 billion and the directors are proposing an extra dividend of SEK 0.65 per share, bringing the total dividend for 2019 back to the level originally proposed in January.
Tags: firm
investment
carrier
sells
Singapore firm pushes ahead with Newcastle United bid
2020-10-02 05:13:22| BBC News | Business | UK Edition
Bellagraph Nova says it's still pursuing the Premier League club despite recent criticism.
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