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Apple wins USD 539 mln in latest patent ruling against Samsung

2018-05-25 08:46:00| Telecompaper Headlines

(Telecompaper) Samsung must pay Apple USD 539 million for infringing patents related to the iPhone's design, a US federal jury found. The decision in the US District Court in San Jose, California increases the amount that Samsung previously was ordered to pay Apple for the patents under dispute, from USD 399 million to USD 539 million, the Wall Street Journal reports. 


Telefonica, Netflix ink global content integration deal

2018-05-25 08:45:00| Telecompaper Headlines

(Telecompaper) Telefonica has announced a multi-year agreement to integrate Netflix into its entire TV and video portfolio across Europe and Latin America. In a statement, the operator said Netflix content will be added to its Movistar+ pay-TV and OTT platform in Latin America in the next few weeks, while the launch in Spain is planned for the end of this year. Without disclosing any pricing details, Telefonica revealed that the Netflix app will be integrated into pay-TV set-top boxes and provide access to Netflix from the Movistar Play Video OTT service, enabling members to pay their Netflix subscription via their Telefonica bill.


Deutsche Telekom outlines growth strategy, plans more cost reductions

2018-05-24 09:09:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom has updated its financial targets at a Capital Markets Day in Bonn. The same as the period 2014-2018, the German operator targets revenue growth of 1-2 percent, adjusted EBITDA growth of 2-4 percent and free cash flow growth of 10 percent on average per year over the period 2017 to 2021. In addition the company plans to to shift its dividend to growth based on adjusted EPS, rather than free cash flow from 2019.  

Tags: cost plans growth strategy


Lenovo posts FY loss as mobile losses offset PC recovery

2018-05-24 08:47:00| Telecompaper Headlines

(Telecompaper) Lenovo posted a net loss for its fiscal year to March of USD 189 million, versus a profit of USD 535 million a year earlier, hurt by continued losses at its smartphone and data centre businesses and a writedown of tax assets after the US corporate tax reform. Revenues rose 5 percent to USD 45.35 billion, as the PC division returned to growth, while operating profit dropped 42 percent to USD 387 million. The company maintained its dividend at HKD 20.5 cents per share. 

Tags: pc posts mobile loss


Comcast confirms plans for 21st Century Fox offer, outbidding Disney

2018-05-23 14:14:00| Telecompaper Headlines

(Telecompaper) Comcast has confirmed it's preparing a bid for much of 21st Century Fox that would beat Disney's earlier offer of USD 52.4 billion. The company did not disclose the terms of its expected bid, but said it would be all cash, rather than the shares offered by Disney, and cover the same assets, excluding the Fox network and cable channels. 

Tags: offer plans century fox


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