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Nigerian court stops sale of 9mobile after motion by shareholders

2018-04-19 09:10:00| Telecompaper Headlines

(Telecompaper) The Nigerian High Court has stopped the sale of 9mobile following opposition to the deal by some shareholders of the company, ThisDay reported.Justice Binta Nyako gave the order stopping the sale while ruling on an ex parte motion brought by the shareholders. One of the companies said to be a shareholder in 9mobile and a plaintiff in the suit is owned by Katsina businessman, Alhaji Dahiru Mangal.

Tags: sale court motion stops


Sky shows steady growth in sales, profit in Q3, customer growth slows

2018-04-19 08:46:00| Telecompaper Headlines

(Telecompaper) Sky reported steady growth in revenues and profit for the fiscal third quarter to March, while customer growth slowed at the pay-TV provider, due to losses in Italy and Germany. Revenues rose 5 percent year-on-year to GBP 10.14 billion in the first nine months of the fiscal year, and recurring EBITDA was up 14 percent to GBP 1.78 billion. 

Tags: sales customer shows growth


AT&T cancels IPO of DirecTV LatAm stake

2018-04-19 08:42:00| Telecompaper Headlines

(Telecompaper) AT&T has postponed a planned IPO of a stake in Vrio, the holding company for its satellite television service DirecTV Latin America. In a brief statement, the company said it decided to withdraw its planned initial public offering of shares of Vrio, citing current market conditions. 

Tags: att ipo stake directv


Cisco drops Spark name, folds collaboration app into Webex

2018-04-18 15:49:00| Telecompaper Headlines

(Telecompaper) Cisco has announced plans to discontinue its Spark collaboration platform and fold the service into its Webex conferencing service. The result is a new Webex Meetings application for group calls and video meetings and a collaboration application called Webex Teams (formerly Cisco Spark). All the company's video devices will use the new converged platform. 

Tags: collaboration app cisco drops


Best Buy gets exclusive on new Amazon Fire smart TVs

2018-04-18 12:59:00| Telecompaper Headlines

(Telecompaper) Amazon has partnered with Best Buy to bring its Fire TV platform to more people. The retailer will begin selling this summer smart TVs by Toshiba and Insignia that come with the Fire TV platform built-in. More than ten 4K and HD models are planned for the US and Canada markets, and they will include Amazon's Alexa voice-controlled digital assistant. 

Tags: buy fire amazon exclusive


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