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Tag: mln
Juniper buys 128 Technology for USD 450 mln
2020-10-19 16:52:00| Telecompaper Headlines
(Telecompaper) Juniper Networks said it has agreed to buy 128 Technology, a startup based in Massachusetts, for USD 450 million in cash, subject to adjustments. The takeover adds to its software-based enterprise networking portfolio and the takeover of Mist Systems last year.
Tags: technology
usd
buys
mln
Amazon awarded Italian Champions League package for EUR 240 mln - report
2020-10-15 12:09:00| Telecompaper Headlines
(Telecompaper) Amazon is poised to break into the Italian football rights market after tabling a successful bid for one of the main Uefa Champions League broadcast packages in Italy, according to business daily Il Sole 24 Ore. The e-commerce giant reportedly paid EUR 240 million to secure a 3-year deal to air first-pick Wednesday Champions League matches on its Prime Video platform from 2021 to 2024. Under the terms of the deal, the streaming service will broadcast a total of 17 games per season plus replays, highlights and a magazine show.
Tags: report
eur
amazon
package
Altitude Infrastructure raises EUR 500 mln, unveils EUR 2.5 bln fibre investment plan
2020-09-17 10:27:00| Telecompaper Headlines
(Telecompaper) French fibre operator Altitude Infrastructure has announced that its subsidiary AI THD has raised EUR 500 million in equity and junior debt to fund fibre expansion and support the growth of newly acquired wholesaler Kosc. The operation consists of two transactions that should be finalised during the fourth quarter, subject to regulatory approval. A pension fund managed by the Real Assets and Private Markets division of UBS Asset Management will provide the capital raised in equity, said the company.
Tags: plan
eur
investment
infrastructure
NENT lifts Viaplay subscriber intake target to 700,000, aims to reach 3 mln total by year-end
2020-09-16 13:39:00| Telecompaper Headlines
(Telecompaper) Nordic Entertainment Group (NENT) has upgraded its Viaplay streaming service paying subscriber target again for the current year to 3 million by adding more than 700,000 in 2020. In June, NENT had lifted its full year intake target to 600,000 from 400,000. The new target represents year-on-year growth of over 30 percent, compared with 29 percent growth to nearly 2.72 million on 30 June.
Searchlight to invest USD 425 mln into Consolidated Communications
2020-09-14 14:14:00| Telecompaper Headlines
(Telecompaper) Investment firm Searchlight Capital Partners has agreed to hoist its stake in Consolidated Communications to 35 percent for a total of USD 425 million. The deal has been approved by the board of directors of Consolidated, which will use the money to accelerate fibre deployment and to reduce debt.
Tags: communications
usd
invest
consolidated
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