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Disney debuts Disney+ in US at USD 6.99, with aim of going global within 2 years
2019-04-12 09:01:00| Telecompaper Headlines
(Telecompaper) Disney will be launching its new Disney+ streaming service first in the US on 12 November, priced at USD 6.99 per month. The company will then quickly expand the subscription VOD service worldwide, with the goal of covering nearly all major regions within the coming two years. The plans were announced during the company's Investor Day.
Pinterest puts IPO range at USD 15-17 per share, lowering valuation from 2017
2019-04-08 14:01:00| Telecompaper Headlines
(Telecompaper) Social media website Pinterest has filed an amendment with the SEC for the registration of its IPO. The company said it will be offering 75 million shares at an expected price of USD 15-17 per unit. With this range, the company would be raising USD 1.125-1.275 billion in total. The company said that including the greenshoe of 11.25 million additional shares, a maximum of USD 1.46 billion could be raised.
ON Semiconductor to acquire Quantenna for USD 1 billion
2019-03-28 09:05:00| Telecompaper Headlines
(Telecompaper) ON Semiconductor has agreed to acquire Wi-Fi performance specialist Quantenna for USD 1.07 billion. The company said the takeover will significantly enhance its connectivity portfolio with the addition of Quantenna's leading Wi-Fi technology and software capabilities.
Tags: usd
billion
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AT&T to offer Magic Leap One from April at USD 2,295
2019-03-27 17:39:00| Telecompaper Headlines
(Telecompaper) AT&T will offer from 1 April the Magic Leap One, a wearable headset that stimulates end-users' senses through spatial computing. Its cameras, sensors, and speakers add a layer of graphics over real objects, melding what's imagined with what's real. The initial launch will operate over a Wi-Fi connection and provide new communication and entertainment experiences at a whole new level, the operator said.
America Movil acquires 100% of Brazil's Nextel for USD 905 mln
2019-03-18 11:57:00| Telecompaper Headlines
(Telecompaper) America Movil has announced an agreement to acquire 100 percent of Brazil's fifth largest mobile operator Nextel from NII Holdings and Access Industries Brazil Holdings for a total of USD 905 million on a cash- and debt-free basis. Under the terms of the deal, NII Holdings will receive 70 percent of the final net proceeds, with AI Brazil receiving 30 percent for the stake it acquired in June for around USD 70 million.
Tags: america
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