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Zoom raises USD 1.75 billion in secondary share offering

2021-01-13 09:03:00| Telecompaper Headlines

(Telecompaper) Zoom Video Communications has priced an offering of over 5 million shares at USD 340 per unit. The offering is expected to generate USD 1.75 billion, before deductions, commissions and expenses...

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Zoom starts USD 1.5 billion public offering

2021-01-12 13:28:00| Telecompaper Headlines

(Telecompaper) Zoom Video Communications said it has started a public offering of USD 1.5 billion worth of shares. The company expects to also grant a greenshoe of USD 225 million more shares...

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Atos confirms bid for DXC Technology, estimated at over USD 10 billion

2021-01-07 14:25:00| Telecompaper Headlines

(Telecompaper) French IT services group Atos confirmed it has made a friendly offer for US competitor DXC Technology...

Tags: technology estimated usd bid

 

Xmas app spending at App Store, Google Play up 35% to USD 407 mln

2020-12-31 10:40:00| Telecompaper Headlines

(Telecompaper) Worldwide spending on mobile apps and games passed USD 100 billion in a single year for the first time ever in November, making 2020 a record-setting...

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US DFC lends USD 500 mln to Vodafone consortium for Ethiopian bid, USD 300 mln to Liquid Telecom

2020-12-15 09:36:00| Telecompaper Headlines

(Telecompaper) The US government's international Development Finance Corporation (DFC) has released USD 500 million to back a consortium of regional and international telecommunication firms bidding for a mobile licence in Ethiopia, and has advanced USD 300 million to support Liquid Telecom's data centre expansion in Africa, ITWeb reported. The loan to the Vodafone-led Global Partnership for Ethiopia will be used to "finance the design, development, and operation of a new private mobile network provider" there and for "the acquisition of a mobile network provider" licence, the DFC said.

Tags: usd bid liquid telecom

 

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