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Tag: mln
Austria completes 5G frequencies auction for EUR 202 mln
2020-09-14 08:31:00| Telecompaper Headlines
(Telecompaper) In total 1,702 out of 2,100 poorly or not at all supplied communities will receive mobile broadband coverage by 2027, under the commitments attached to the new spectrum licences. Magenta Telekom will supply 615 communities, Hutchison Drei 739 and A1 349.
Tags: eur
austria
auction
frequencies
French govt pledges EUR 240 mln towards 100% fibre coverage target
2020-09-04 10:35:00| Telecompaper Headlines
(Telecompaper) The French government has announced an additional EUR 240 million worth of funds to extend the reach of fibre networks in rural areas. The measure is part of a EUR 100 billion stimulus plan to support the country's economic recovery, of which 40 percent will be provided by the European Union's recently approved EUR 750 billion recovery package.
Tags: eur
french
target
coverage
Rack Centre announces USD 100 mln data centre expansion in Lagos
2020-09-01 09:27:00| Telecompaper Headlines
(Telecompaper) West African carrier neutral data centre operator Rack Centre has announced an expansion to a total net lettable white space of 6,000 square metres and 13 MW of IT power capacity at its Lagos campus, ITWeb reported. This increase will supplement the expansion already under way to double existing capacity to 1.5 MW and 1,200 square metres of white space in early 2021. The report said the expansion is worth USD 100 million.
Tags: data
centre
usd
expansion
Intelsat buys Gogo commercial aviation ops for USD 400 mln in cash
2020-09-01 09:02:00| Telecompaper Headlines
(Telecompaper) Satellite operator Intelsat has signed a definitive agreement to buy the commercial aviation business of Gogo for USD 400 million in cash, subject to the usual adjustments. Gogo said it started looking for buyers earlier this month, after reporting a 55 percent drop in revenues for the second quarter.
Tags: commercial
cash
usd
aviation
Simpel sees EBITDA growing to over EUR 30 mln in 2020
2020-08-31 08:51:00| Telecompaper Headlines
(Telecompaper) Dutch MVNO Simpel expects to grow EBITDA to over EUR 30 million this year, shareholder Jasper de Rooij said in an interview with the Financieele Dagblad. Last year the company generated EBITDA of EUR 23 million on revenues of EUR 114 million, with a staff of 23 people. Churn at the operator is less than 1 percent.
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