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Austria completes 5G frequencies auction for EUR 202 mln

2020-09-14 08:31:00| Telecompaper Headlines

(Telecompaper) In total 1,702 out of 2,100 poorly or not at all supplied communities will receive mobile broadband coverage by 2027, under the commitments attached to the new spectrum licences. Magenta Telekom will supply 615 communities, Hutchison Drei 739 and A1 349. 

Tags: eur austria auction frequencies


ByteDance chooses Oracle as 'trusted tech partner,' rejects bid from Microsoft - report

2020-09-14 08:26:00| Telecompaper Headlines

(Telecompaper) Byte has rejected Microsoft's offer for its TikTok operations in the US and reportedly chosen Oracle as its "trusted tech partner." The report, put out by the Wall Street Journal, came a few hours after Microsoft announced its bid had been denied, but added that the deal is not likely to be structured as an outright sale. It is also not yet know if the agreement with Oracle includes the transfer of TikTok algorithms.

Tags: report partner tech microsoft


Zurich court rejects Salt injunction bid against Sunrise-UPC merger, calls hearing

2020-09-11 10:34:00| Telecompaper Headlines

(Telecompaper) Swiss operator Sunrise said that the Commercial Court of the Canton of Zurich has rejected an injunction application filed by Salt. Salt sought the injunction to restrain Freenet, the largest shareholder of Sunrise, the board and executive members of the company, from tendering their shares to UPC Switzerland. The Commercial Court has summoned Sunrise and Salt for an oral hearing over Salt's application on 14 September.

Tags: court calls bid hearing


Altice Europe to go private after Drahi makes buy-out offer

2020-09-11 09:04:00| Telecompaper Headlines

(Telecompaper) Patrick Drahi has announced an offer to take Altice Europe private. His takeover bid values the outstanding minority shares at EUR 2.5 billion and would see the company de-listed from the Amsterdam stock market. 

Tags: private offer makes europe


Huawei to roll out HarmonyOS to smartphones in 2021

2020-09-10 14:57:00| Telecompaper Headlines

(Telecompaper) Huawei announced that it will launch its own operating system for smartphones in 2021. At its annual developers conference, the company said an initial beta of the HarmonyOS 2.0 software for mobile devices will be available for Chinese developers by the end of this year. 

Tags: roll smartphones huawei


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