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Rovio sets IPO price range, plans market cap of almost EUR 900 million

2017-09-15 09:49:00| Telecompaper Headlines

(Telecompaper) Rovio, the Finnish maker of the 'Angry Birds' game, has set the price range for its initial public offering of shares at EUR 10.25-11.50 per share. If confirmed, this would give the company a market capitalisation of almost EUR 900 million. 

Tags: price range market eur


Orange expands Netflix distribution internationally, renews partnership in France

2017-09-14 16:43:00| Telecompaper Headlines

(Telecompaper) Orange announced that it has renewed the agreement signed in 2014 for the distribution of Netflix content to its TV customers in France, and has expanded its partnership with Netflix to cover all countries where the group is present across Europe, Africa and the Middle East. 

Tags: france distribution orange partnership


Samsung sets up USD 300 mln automotive investment fund

2017-09-14 11:13:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics is setting up a new fund to invest in the automotive market. The Samsung Automotive Innovation Fund has an initial USD 300 million, and its first investment is USD 75 million in TTtech, a specialist in the integration of automotive safety and control systems that works closely with Audi. 

Tags: automotive sets investment usd


Italian watchdog rules Vivendi has 'de facto control' of TIM

2017-09-14 08:34:00| Telecompaper Headlines

(Telecompaper) Italian markets watchdog Consob has ruled that French media giant Vivendi has de facto control of Telecom Italia (TIM), a decision that could open the way for the government to apply the so-called 'golden power' rule to veto any changes in control or ownership of the former incumbent. 

Tags: of control rules italian


EC proposes strengthening Enisa to create European Cybersecurity Agency

2017-09-13 13:29:00| Telecompaper Headlines

(Telecompaper) European Commission President Jean-Cluade Junkcer has proposed strengthening the EU's network security agency Enisa to create a new 'European Cybersecurity Agency', in order to better coordinate the EU response to cybersecurity threats. The announcement in his 'State of the Union' address was accompanied by a proposal for a new regulation called the 'Cybersecurity Act'.

Tags: create agency european proposes


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