je.st
news
Tag: bln
Altice shareholders approve EUR 1 bln share buyback plan
2015-06-02 09:50:00| Telecompaper Headlines
(Telecompaper) French telecom group Altice's shareholders have approved a EUR 1 billion share buyback programme for the next 3 years. Over 83 percent of the company's share capital was present or represented at the annual general meeting on 1 June where the financial statements for 2014 were approved.
German spectrum bids top EUR 2 bln
2015-06-01 14:56:00| Telecompaper Headlines
(Telecompaper) The Federal Network Agency announced that Telekom Deutschland, Vodafone Germany and Telefonica Deutschland's bids have surpassed EUR 2 billion in the current spectrum auction. At the beginning of the auction on 27 May the bids were at EUR 1.28 billion. At the last frequency auction five years ago, Telekom, Vodafone, E-Plus and Telefonica bid in total EUR 4.4 billion.
Dutch mobile services market falls to EUR 1.2 bln in Q1
2015-05-31 23:16:00| Telecompaper Headlines
(Telecompaper) The Dutch mobile services market fell in the first quarter to EUR 1.17 billion in revenues, down 4 percent from the year before, according to Telecompaper's latest Dutch Mobile Operators report. Compared to the fourth quarter, revenues fell 5.5 percent. Only Vodafone Netherlands was able to achieve growth in sales and market share. But although the market for mobile services is still shrinking, the decline is slowing. In Q1 2014, the decrease amounted to 10.7 percent from the year before. The impact of regulation on Q1 of this year was less and data services generated more revenue growth. Revenues from voice services fell in Q1 of this year by 9.7 percent from the year earlier. Although revenue from data services grew, they were not able to completely offset the double-digit fall of revenues from SMS services, with total non-voice revenue rising only 3 percent. The market share of non-voice among total mobile services lifted to 48 percent.
Tags: services
market
mobile
eur
Avago agrees Broadcom takeover for USD 37 bln
2015-05-28 15:00:00| Telecompaper Headlines
(Telecompaper) Avago Technologies confirmed an agreement to acquire Broadcom for USD 37 billion in cash and shares. The latest merger in the semiconductor industry creates a company with annual revenues of USD 15 billion and a complete range of products for the fixed and wireless communications industries. Avago's CEO Hock Tan will lead the combined company, which will continue under the name Broadcom. Henry Samueli, co-founder, CTO and chairman of Broadcom, will serve on the new company's board, as will one other director from Broadcom. Samueli will also remain CTO of the company and serve as strategic adviser. Under the terms of the deal, Avago will pay USD 17 billion cash and 140 million of its shares, valued at USD 20 billion according to the latest share price, for all of Broadcom's stock. Shareholders of Broadcom will be able to elect for cash, shares or a combination of the two. A pro rata allocation assuming 50 percent shares and 50 percent cash would give shareholders of Broadcom 32 percent of the new group. Avago will fund the cash consideration with cash on hand from the combined companies and a new debt facility from a bank consortium worth USD 9 billion. The transaction has been unanimously approved by the boards of directors of both companies, as well as a special committee of the independent directors of Broadcom. Closing of the deal is expected by the end of the first calendar quarter of 2016, subject to regulatory and shareholder approvals.
Tags: usd
agrees
takeover
broadcom
Avago in talks to buy Broadcom for USD 35 bln - report
2015-05-28 09:25:00| Telecompaper Headlines
(Telecompaper) Chipmaker Avago Technologies is expected to soon announce its takeover of Broadcom for about USD 35 billion, the Wall Street Journal reported, with sources saying the two companies were in advanced talks. An acquisition of Broadcom valued at USD 35 billion would be the largest semiconductor takeover ever, according to market watchers. Earlier this month, reports noted Avago was looking to buy a fellow chipmaker and that it had reached out to Xilinx, Renesas Electronics and Maxim Integrated Products.
Sites : [92] [93] [94] [95] [96] [97] [98] [99] [100] [101] [102] [103] [104] [105] [106] [107] [108] [109] [110] [111] next »