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Dropbox sets IPO price range, to sell stake to Salesforce

2018-03-12 15:52:00| Telecompaper Headlines

(Telecompaper) Dropbox has set a preliminary price range for its initial public offering of shares, meaning net proceeds of around USD 530 million for the cloud storage company. The proceeds include USD 100 million from a concurrent private placement of shares at the same price as the IPO to Salesforce. 

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Intel considers possible bid for Broadcom - report

2018-03-12 08:48:00| Telecompaper Headlines

(Telecompaper) Intel is considering a range of options in reaction to Broadcom's hostile bid for Qualcomm that could include a bid for Broadcom itself, people familiar with the matter told the Wall Street Journal.

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Category: Telecommunications



Last week in telecoms: TIM, Cellnex and German consolidation talk push up telecoms index 3.1%

2018-03-12 07:30:00| Telecompaper Headlines

(Telecompaper) Last week saw a solid performance for the European telecoms sector. Apart from a few stocks the vast majority ended week 10 up. Double digit gains were scored by TIM (+15%) and Cellnex (+11%), the former responding positively to news of the company accepting a fixed network spin-off and the latter venturing into the Swiss IoT market. Our European Telecoms Index closed the week up 3.1 percent, just ahead of the EuroStoxx 50 Index (+2.9%).

Tags: index up week talk

Category: Telecommunications



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