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Pokemon Go creator Niantic raises USD 190 mln in new funding
2019-01-04 09:08:00| Telecompaper Headlines
(Telecompaper) Pokemon Go creator Niantic has closed a USD 190 million round of funding, according to filings with the US Securities and Exchange Commission. A total of 26 investors participated in the round.
Windstream sells Earthlink consumer internet business for USD 330 mln
2019-01-02 08:38:00| Telecompaper Headlines
(Telecompaper) Windstream announced the sale of the EarthLink consumer internet business for USD 330 million cash to Trive Capital, a Dallas-based private equity firm. Windstream acquired the business in its merger with EarthLink in February 2017.
Tags: internet
business
consumer
usd
Huawei revenues to rise 21% this year to USD 109 bln
2018-12-27 15:03:00| Telecompaper Headlines
(Telecompaper) Huawei rotating chairman Guo Ping expects the company's revenues to grow 21 percent to USD 109 billion this year. The chairman made the statement as part of the company's new year's address to employees. Smartphone shipments are forecast to pass 200 million units.
Charter pays record USD 174 mln to settle slow broadband case in New York
2018-12-19 09:28:00| Telecompaper Headlines
(Telecompaper) Cable operator Charter has agreed to pay a record USD 174.2 million in order to settle a consumer fraud case in New York. Of the total, USD 62.5 million will go directly to customers as refunds. The Attorney General of New York believes the amount represents the largest-ever payout to consumers by an ISP in US history. This is the first settlement to result from the Attorney General's investigation of broadband service in New York. Charter earlier operated as Time Warner Cable and then as Charter brand Spectrum.
Cisco confirms takeover of silicon photonics specialist Luxtera for USD 660 mln
2018-12-18 16:18:00| Telecompaper Headlines
(Telecompaper) Cisco has confirmed the takeover of US-based semiconductor company Luxtera for USD 660 million. The company's silicon photonics technology is expected to strengthen Cisco's networking portfolio and support the transition to 400G.
Tags: usd
specialist
cisco
silicon
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