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OnePlus breaks USD 1 billion sales barrier, makes profit
2018-01-15 11:19:00| Telecompaper Headlines
(Telecompaper) Chinese smartphone maker OnePlus has broken the USD 1 billion sales barrier and made a profit, reports The Telegraph.
Hulu ends 2017 with 17 mln subscribers, USD 1 bln in advertising revenues
2018-01-10 10:57:00| Telecompaper Headlines
(Telecompaper) Hulu ended 2017 with over 17 million total subscribers for its subscription on demand (SVOD) and live TV plans in the US, a rise of 40 percent (over 5 million) from the year before. The total number of unique viewers increased to 54 million. Advertising revenues also advanced, reaching USD 1 billion for the first time in the company's history.
Tags: advertising
usd
ends
subscribers
Paraguay raises USD 85 mln in 700 MHz spectrum auction
2018-01-08 08:33:00| Telecompaper Headlines
(Telecompaper) Paraguayan regulator Conatel announced that its first tender for spectrum in the 700 MHz band raised a total of USD 84.5 million, slightly above the base price. Tigo (Millicom) acquired three of the seven available blocks of 2x5 MHz spectrum for USD 36 million, while Claro (America Movil) acquired two blocks for USD 24 million and Nucleo (Personal) added another two blocks for the same figure. All operators have pledged to use the spectrum to continue expanding their 4G networks in Paraguay.
Tags: usd
auction
paraguay
spectrum
AT&T, Comcast to offer employees USD 1,000 bonus after US passes tax reform
2017-12-21 09:16:00| Telecompaper Headlines
(Telecompaper) US operators Comcast and AT&T have announced plans to pay their staff bonuses of USD 1,000 each. This follows the passage of a tax reform bill in the US that is expected to sharply reduce corporate tax rates.
Disney buys 21st Century Fox for USD 52.4 bln in stock
2017-12-14 13:25:00| Telecompaper Headlines
(Telecompaper) The Walt Disney Company said it has agreed to acquire 21st Century Fox, including the Twentieth Century Fox Film and Television studios, along with cable and international TV businesses and the company's debt, for USD 52.4 billion in stock, subject to adjustment based on tax liabilities. The price implies a total transaction of USD 66.1 billion. Before the acquisition, 21st Century Fox will separate the Fox Broadcasting network and stations, Fox News Channel, Fox Business Network, FS1, FS2 and Big Ten Network into a newly listed company that will be spun off to its shareholders. Bob Iger will remain chairman and CEO of The Walt Disney Company through 2021. The acquisition is expected to yield at least USD 2 billion in cost savings from efficiencies realised through the combination of businesses.
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