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American Tower to sell 30% of Europe business to CDPQ for EUR 1.6 bln

2021-05-05 13:41:00| Telecompaper Headlines

(Telecompaper) American Tower announced an agreement to sell a 30 percent stake in its ATC Europe business to Canadian pension fund Caisse de depot et placement du...

Tags: business american sell eur

 

Software Business Driving US Jobs, GDP Growth

2021-05-05 13:00:00| TechNewsWorld

The software industry fueled jobs and GDP growth in the United States in 2020, according to a report by Software.org: the BSA Foundation. The software industry supported more than 15.8 million jobs in 2020. While the largest concentrations of software jobs remain in traditional tech hubs, such as Washington and California, other states have experienced greater job growth.

Tags: business software jobs growth

 
 

Myanmar's military coup sees Telenor write off $782m business

2021-05-05 02:00:00| Total Telecom industry news

On February 1st, 2021, a military coup overthrew the civilian government, plunging the country into political unrest that continues to this day. To date, more than 700 people have been killed by security forces, with the police violently cracking down on protestors.  For Telenor, who’s Myanmar business is one of the country’s largest mobile operators, this disruptive period has been catastrophic…read more on TotalTele.com »

Tags: business write military sees

 

CDPQ takes 1.6 billion stake in American Towers European business

2021-05-05 02:00:00| Total Telecom industry news

Today, American Tower Corporations (ATC) has announced that they have struck a deal with Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) for the sale of a 30% stake in their European business, ATC Europe.  The transaction will be for €1.6 billion, giving ATC Europe a total valuation of €8.8 billion. ATC will retain managerial and operational control of ATC Europe…read more on TotalTele.com »

Tags: business american takes european

 

Telenor writes off Myanmar business as unrest sends Q1 results lower

2021-05-04 09:11:00| Telecompaper Headlines

(Telecompaper) Telenor reported a fall in first-quarter results, hurt by the unrest in Myanmar. Revenues fell 1.6 percent year-on-year on an organic basis to NOK...

Tags: business results lower writes

 

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