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Tag: bln
Japan Display losses grow to JPY 83 bln in Q1 after asset writedowns
2019-08-12 10:42:00| Telecompaper Headlines
(Telecompaper) Japan Display recorded a net loss of JPY 83.3 billion for its fiscal first quarter to June, widening from a loss of JPY 1.8 billion due to a charge to write-down scrapped production facilities. Revenues fell 12.5 percent to JPY 90.4 billion as the company suffered from reduced smartphone demand and the US-China trade tensions.
Tags: japan
display
grow
asset
Helios Towers mulls listing at possible USD 3 bln valuation - report
2019-08-12 09:25:00| Telecompaper Headlines
(Telecompaper) Helios Towers is reviving plans for an initial public offering, Bloomberg reported, citing people familiar with the matter. Its advisers are resuming preparations for an IPO that could value Helios at about USD 3 billion and it is considering filing for the share sale as soon as this year, they said. The tower owner is weighing London and Johannesburg as listing venues, though it has not made a final decision, one of the people said.
Tags: report
listing
usd
valuation
Vodafone completes sale of New Zealand unit for NZD 3.4 bln
2019-07-31 09:56:00| Telecompaper Headlines
(Telecompaper) Vodafone Group has completed the sale of Vodafone New Zealand to a consortium comprising Infratil and Brookfield Asset Management for a cash consideration equivalent to an enterprise value of NZD 3.4 billion (approximately EUR 2.1 billion). Proceeds from the sale will be used to reduce Vodafone's net debt, the company said. Vodafone and Vodafone New Zealand have now entered into a partner market agreement, which includes use of the Vodafone brand, preferential roaming arrangements, access to Vodafone's global IoT platform and central procurement function, and a range of services for the business and consumer markets.
Tags: sale
unit
zealand
vodafone
Vodacom group revenue up 3.9% to ZAR 21.53 bln in Q1, adds 1.2 mln customers
2019-07-25 09:56:00| Telecompaper Headlines
(Telecompaper) Vodacom Group said revenue increased by 4.2 percent to ZAR 21.53 billion in the first quarter ended 30 June from ZAR 20.65 billion in the same period in 2018. Service revenue increased by 3.9 percent to ZAR 17.43 billion from ZAR 16.77 billion in 2018. Despite the impact of cyclones Idai and Kenneth in Mozambique, international service revenue increased by 19.6 percent, largely driven by a 42.7 percent increase in M-Pesa revenue and data demand.
Tags: group
customers
revenue
adds
FTC confirms USD 5 bln fine and 20-year compliance agreement for Facebook privacy violations
2019-07-24 15:28:00| Telecompaper Headlines
(Telecompaper) The US Federal Trade Commission has confirmed a record USD 5 billion fine against Facebook for violating customers' privacy. The regulator also imposed a new compliance regime on the company, valid for 20 years, in order to ensure Facebook and its apps no longer abuse personal data of customers.
Tags: privacy
agreement
fine
usd
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