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AT&T completes acqusition of Time Warner

2018-06-15 08:38:00| Telecompaper Headlines

(Telecompaper) AT&T has completed its USD 85.4 billion acquisition of Time Warner, and namely, of Warner Bros, HBO and Turner. The move comes two days after the company won its court case against the US Justice of Department, which objected to the deal on competition grounds. Time Warner will be consolidated into AT&T results from 15 June. The deal is expected to be accretive from year-one for adjusted earnings per share and free cash flow, with synergies seen at USD 2.5 billion. Full net debt is at USD 180.4 billion.

Tags: time att warner completes


Google AI research centre in Africa to open in Ghana

2018-06-14 14:15:00| Telecompaper Headlines

(Telecompaper) Google has announced that its Google AI research centre in Africa will open later this year in Accra, Ghana, and will bring together top machine learning researchers and engineers. Jeff Dean, Senior Fellow, Google AI, and Moustapha Cisse, Staff Research Scientist and lead of Google AI Center Accra, said in a joint post that AI has great potential to positively impact the world, and more so if the world is well represented in the development of new AI technologies.

Tags: in research open google


EC launches AI Alliance, names 52-strong AI expert group

2018-06-14 14:00:00| Telecompaper Headlines

(Telecompaper) The European Commission has announced the appointment of 52 experts to its new High Level Group on Artificial Intelligence just a couple of months after outlining its approach to the technology and calling for industry involvement. The group is made up of 30 men and 22 women from companies and industry bodies such as AXA, Bayer, BEUC, Bosch, BMW, EESC, Element AI, Google, IBM, Nokia Bell Labs, Orange, Santander, SAP, Sigfox, STMicroelectronics, Telenor and Zalando.

Tags: group names expert alliance


Verizon launches mix & match unlimited family plans

2018-06-14 11:50:00| Telecompaper Headlines

(Telecompaper) The lowest plan, Go Unlimited, will come with 4G data, unlimited talk and text, DVD (480p) quality streaming, unlimited mobile hotspot (600 kbps), Verizon Up Rewards and Mexico & Canada talk, text and data. The tier will cost USD 75 for one line, with the second line priced at USD 65, the third at USD 50 and the fourth at USD 40. 

Tags: family plans match mix


Samsung commits to 100% clean energy by 2020 for US, Europe, China

2018-06-14 11:30:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics said it wants to use only renewable energy by 2020 for all of its operations in the US, Europe and China. It will then seek to further increase its use of renewable energy around the world, for the medium to long-term. In line with this commitment, Samsung Electronics has joined the World Wildlife Fund's (WWF's) Renewable Energy Buyers' Principles and the Rocky Mountain Institute's Business Renewables Center.

Tags: us china europe energy


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