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Tag: usd
Turkey takes control of Turkcell as Telia agrees exit for USD 530 mln
2020-06-18 08:50:00| Telecompaper Headlines
(Telecompaper) Telia Company has reached an agreement to sell its 47.1 percent stake in Turkcell Holding to the state-owned Turkey Wealth Fund for USD 530 million. The transaction also includes a full settlement of all shareholder disputes and litigation connected to Turkcell and Turkcell Holding. As a result of the deal with all the shareholders, the state fund becomes the largest, controlling shareholder of the mobile operator.
Tags: control
takes
usd
turkey
App Store ecosystem generated USD 519 bln in billings and sales in 2019
2020-06-16 09:13:00| Telecompaper Headlines
(Telecompaper) Apple said that its App Store ecosystem supported USD 519 billion in billings and sales last year. The figures come a study conducted by independent economists at Analysis Group. Of the total, 85 percent went to third-party developers and businesses, with no commission for Apple. The highest value categories were mobile commerce (m-commerce) app, digital goods and services apps, and in-app advertising.
Tags: in
sales
store
generated
FCC approves rules for USD 16 bln rural broadband subsidies award
2020-06-10 09:06:00| Telecompaper Headlines
(Telecompaper) The FCC has adopted the rules for its next major round of rural broadband subsidies. Phase I of the Rural Digital Opportunity Fund will award up to USD 16 billion over 10 years for the deployment of fixed broadband networks to millions of unserved homes and businesses across rural America.
FCC proposes record fine of USD 225 mln against robocallers
2020-06-10 08:55:00| Telecompaper Headlines
(Telecompaper) The US Federal Communications Commission has proposed a USD 225 million fine against Texas-based health insurance telemarketers for making around 1 billion illegally spoofed robocalls. This is the largest fine in the FCC's 86-year history and was followed by seven state attorneys general filing lawsuits in Texas against the same offender.
Tags: record
fine
usd
proposes
Google facing class action of at least USD 5 bln for gathering private browsing information
2020-06-03 09:23:00| Telecompaper Headlines
(Telecompaper) Google has been accused of secretly gathering information about people's browsing information, even when they are in "incognito" mode, Reuters reported, saying the company is now facing a class action suit. Plaintiffs are seeking at least USD 5 billion, saying millions of users have been affected by the company's actions since June 2016, even when browsing in "private" mode. A spokesperson for Google said the company will defend itself vigorously against the claims.
Tags: information
private
action
class
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