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21st Century Fox increases offer for Sky by 30%, beating Comcast bid

2018-07-11 10:46:00| Telecompaper Headlines

(Telecompaper) 21st Century Fox has increased its offer for Sky as it looks to outbid US rival Comcast for the pay-TV group. Fox and the Sky board have now agreed on an increased recommended pre-conditional cash offer of GBP 14 per share for the shares it does not already own.

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Category:Telecommunications

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Ericsson relaunches Media Solutions business as Mediakind

2018-07-11 09:31:00| Telecompaper Headlines

(Telecompaper) Ericsson has relaunched its Media Solutions business under the new name MediaKind. This follows an agreement in January to sell a majority stake in the business to One Equity Partners. The MediaKind brand will be carried forward when the transaction between One Equity Partners and Ericsson is completed, the company said.

Tags: business media solutions ericsson

Category: Telecommunications

 

 

Nokia, China Mobile ink EUR 1 billion frame agreement

2018-07-11 08:03:00| Telecompaper Headlines

(Telecompaper) Nokia and China Mobile have signed a one-year frame agreement valued at up to EUR 1 billion for continued delivery of mobile, fixed, IP routing, optical transport, customer experience management services and operational support as well as services expertise throughout 2018. Under the terms of the agreement, Nokia will provide China Mobile with services to enable a next-generation network for cloud and machine communications. Nokia will provide additional elements of its mobile radio access and core portfolio in addition to fixed access, IP routing and optical transport, customer experience management.

Tags: china mobile eur agreement

Category: Telecommunications

 

 

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