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Italian PM inaugurates Open Fiber digital divide rollout

2017-11-15 09:37:00| Telecompaper Headlines

(Telecompaper) Italian prime minister Paolo Gentiloni has inaugurated the first FTTH construction site of phase one of the government's tenders to build and operate a national high-speed broadband network in digital divide areas throughout the country. The symbolic ribbon cutting event took place in the locality of Campli in the Italian region of Abruzzo, badly hit by recent earthquakes. The Open Fiber wholesale-only venture of Italian utility Enel and state lender CDP having been awarded the corresponding contract to roll out fibre cable in underserved parts of Abruzzo, Molise, Emilia Romagna, Lombardy, Tuscany and Veneto.

Tags: open digital italian fiber


A1 introduces zero-rated streaming with A1 Free Stream

2017-11-14 15:16:00| Telecompaper Headlines

(Telecompaper) Austrian operator A1 has launched a zero-rated music and video streaming service called A1 Free Stream. It is automatically included in A1 Go! tariffs. The new service means customers can stream services such as Netflix, Spotify, Apple Music, Amazon, Deezer, Zappn and Sky without the data counting towards their monthly allowances.

Tags: free stream streaming introduces


US cable channels launch Philo streaming TV service

2017-11-14 15:00:00| Telecompaper Headlines

(Telecompaper) A group of US cable networks has launched a new subscription streaming service focused on entertainment, lifestyle and knowledge programming. The Philo service, priced at USD 16 a month, notably does not include sports programming. 

Tags: service cable channels launch


Telefonica sells further 15.2% Telxius to KKR for EUR 484.5 mln

2017-11-14 11:40:00| Telecompaper Headlines

(Telecompaper) Telefonica has announced that private equity firm KKR exercised the previously agreed call option over 38 million shares of its infrastructure subsidiary Telxius (representing 15.2 percent of its share capital) for EUR 484.5 million. As a result of this operation and together with the 24.8 percent stake it acquired last month, KKR will hold 40 percent of Telxius, with Telefonica retaining control.


Vodafone ups FY guidance on stronger profit, better organic revenue in H1

2017-11-14 09:33:00| Telecompaper Headlines

(Telecompaper) The Vodafone Group said revenues for its fiscal first half to end September fell over 4 percent year-on-year to EUR 23.07 billion, mainly due to the deconsolidation of Vodafone Netherlands after the creation of joint-venture VodafoneZiggo, plus forex effects. The operating profit meanwhile rose 32.5 percent to EUR 2.00 billion, showing the company's actions to improve cost efficiencies. Adjusted EBITDA  went 4.2 percent higher to EUR 7.4 billion despite the deconsolidation drag. Net debt at the end of the half fell to EUR 32.05 billion from 37.9 billion the year before. 

Tags: in ups profit revenue


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