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Facebook unveils Portal home video calls device with built-in Alexa

2018-10-08 16:22:00| Telecompaper Headlines

(Telecompaper) Facebook has announced its first major consumer hardware, the Portal video communications device. Available in 10- and 15-inch models, the desktop, tablet-like device is designed to facilitate video calls over Facebook Messenger from home or the office.

Tags: home video portal device



Invuo Technologies files bankruptcy application

2018-10-08 09:29:00| Telecompaper Headlines

(Telecompaper) Invuo Technologies, which runs the MeaWallet mobile payments system, has decided to file an application for bankruptcy as it is evident that the company has become insolvent. The filing covers the Swedish subsidiary Invuo Services but not other group companies.

Tags: application files technologies bankruptcy

Category: Telecommunications



Millicom acquires Panama's Cable Onda for USD 1 bln

2018-10-08 08:41:00| Telecompaper Headlines

(Telecompaper) Millicom has announced an agreement to buy a controlling 80 percent stake in Panamanian cable provider Cable Onda for a cash consideration of around USD 1.002 billion. The transaction values 100 percent of Cable Onda at an enterprise value of USD 1.460 billion and, subject to customary closing conditions and consent from Cable Onda's bondholders, is expected to close by the end of 2018.

Tags: usd cable onda acquires

Category: Telecommunications



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