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Elekta Receives USD 25 Million Order from China

2013-09-10 14:56:23| Appliances - Topix.net

The National Health and Family Planning Commission of the People's Republic of China announced today that Elekta has won a major tender for seven Leksell Gamma Knifea PerfexionTM units, making it the largest single order of Leksell Gamma Knife systems.

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Bangladesh raises USD 735 mln in 3G auction

2013-09-08 13:29:00| Telecompaper Headlines

(Telecompaper) Bangladesh's four mobile operators have secured 3G spectrum after an auction on 08 September organised by the Bangladesh Telecommunication Regulatory Commission (BTRC). Grameenphone, the largest mobile operator in the country, acquired 10 MHz in the 2,100 band for USD 210 million. Robi, Banglalink and Airtel each acquired 5MHz for USD 105 million. Teletalk, the sole state-run mobile operator, will be awarded 10 MHz spectrum for USD 210 million. The BTRC sold in total 35 MHz of spectrum for USD 735 million, the Dhaka Tribune reported. A total 40MHz was available in the auction. The reserve price was USD 20 million per MHz. Citycell, the oldest operator, sat out the auction after it was unable to raise the necessary financing.

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Claro slapped with record USD 45 mln fine in Colombia

2013-09-06 08:53:00| Telecompaper Headlines

(Telecompaper) Colombian antitrust agency the Superintendency of Industry and Commerce (SIC) has fined America Movil's local unit Claro COP 87.8 billion (approximately USD 45.2 million) for abusing its dominant position on the mobile market and practices that affected free competition.

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Phones 4U sells insurance business for USD 160 mln

2013-09-05 16:28:00| Telecompaper Headlines

(Telecompaper) UK retailer Phones 4U has agreed to sell its device insurance business for USD 160 million to Assurant. The activities, known as the Lifestyle Services Group, generate around GBP 125 million in annual revenue, providing insurance to over 8 million customers through operators and banks. Assurant is already active in the mobile insurance sector and sees good growth opportunities in Europe. The transaction is subject to regulatory approval and expected to close in the fourth quarter.

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HTC sells Saffron Digital to Cinram for USD 47 mln

2013-09-05 10:15:00| Telecompaper Headlines

(Telecompaper) HTC has agreed to sell Saffron Digital, a specialist in multi-screen video delivery, to Cinram for USD 47 million. HTC will retain a perpetual royalty-free licence to continue supporting digital media services on its devices, including the upcoming HTC Watch, on a worldwide basis. Cinram will pay an initial USD 7.5 million cash and the remainder in a five-year note of USD 39.5 million, bearing interest at 6 percent per year. HTC acquired UK-based Saffron in 2011 for GBP 30 million, as part of efforts to boost content services on its mobile devices. Based in Canada, Cinram provides manufacturing and logistics for CDs, DVDs and other digital media products.

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