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Plantronics changes name to Poly after Polycom takeover

2019-03-18 11:42:00| Telecompaper Headlines

(Telecompaper) Plantronics announced it's changing its name to Poly, following its takeover of Polycom last year. Poly is meant to stand for 'many' and underline the breadth of endpoints offered by the company across unified communications and collaboration platforms.

Tags: poly plantronics takeover polycom


HTC stabilises operating loss, gross margin improves in Q4

2019-03-18 11:25:00| Telecompaper Headlines

(Telecompaper) HTC managed to stabilise its operating loss and improve its gross margin in the fourth quarter. The company's bottom line remained in the red, with a net loss of TWD 4.4 billion, as revenues dropped to TWD 4.1 billion from TWD 15.7 billion a year earlier.

Tags: loss operating gross margin


Qualcomm awarded USD 31 mln in damages in Apple patent infringement suit

2019-03-18 08:58:00| Telecompaper Headlines

(Telecompaper) Qualcomm announced that a jury in the US District Court for the Southern District of California found that the Apple iPhone 7, 7 Plus, 8, 8 Plus and X infringe two Qualcomm patents, and the Apple iPhone 8, 8 Plus and X also infringe a third patent. The jury awarded Qualcomm USD 31 million in damages for infringement of the patents from July 2017, when the lawsuit was filed, through the end of the trial. 

Tags: usd apple suit patent


Vivendi urges Consob to probe TIM governance issues

2019-03-18 08:58:00| Telecompaper Headlines

(Telecompaper) French media giant Vivendi has again urged the auditors of Telecom Italia (TIM) and Italian market regulator Consob to further investigate a series of governance issues at the operator. Vivendi, which remains TIM's top shareholder with a 24 percent stake, released a statement calling for an in-depth investigation after TIM's auditors issued a report indicating irregularities in the way information was shared with the company's board members prior to the sacking of chief executive Amos Genish in November. Vivendi claims board members appointed by US activist fund Elliott conspired to replace Genish, a former Vivendi executive.

Tags: issues tim probe governance


OneWeb raises USD 1.25 billion for global satellite network

2019-03-18 08:46:00| Telecompaper Headlines

(Telecompaper) OneWeb has raised another USD 1.25 billion to further its project to create a global satellite internet network. Its largest fundraising round to date brings the total funds raised to USD 3.4 billion. This round was led by SoftBank Group, Grupo Salinas, Qualcomm Technologies and the government of Rwanda. 

Tags: network global usd billion


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