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Tag: mln
Free Mobile attracts 5.2 mln customers in first year
2013-02-28 10:05:00| Telecompaper Headlines
(Telecompaper) French operator Iliad announced that its mobile service Free Mobile attracted 5.205 million customers in its first year of operations, giving the fourth mobile operator an 8 percent share of the market. Free also continued to grow its fixed broadband base, reaching 5.364 million subscribers at year-end versus 4.849 million in 2011. The expansion into mobile helped Iliad's annual sales rise 48.6 percent to EUR 3.15 billion. In the fourth quarter, sales rose 63.7 percent year-on-year to EUR 890 million, including EUR 286 million from the mobile activities and 11.9 percent growth at the fixed activities. Free claims it took 67 percent of new mobile subscribers in the market in Q4, with net additions of 800,000. In the fixed market, Free estimates it took almost half new broadband subscribers last year. It also converted 140,000 of the former Alice subscribers acquired to the Free brand. Helped by its Freebox Revolution gateway, fixed ARPU improved EUR 0.50 over the year, ending two years of stagnation, to reach EUR 36.
Tags: free
year
mobile
customers
Clearwire to take USD 80 mln draw under Sprint Nextel deal
2013-02-27 22:27:00| Telecompaper Headlines
(Telecompaper) Clearwire has announced it has elected to take the USD 80 million March draw under the terms of its agreements with Sprint Nextel to provide additional financing to Clearwire in the form of notes be exchangeable for Clearwire common stock at USD 1.50 per share. The Special Committee has not decided whether to take any future draws under the Sprint Financing Agreements. The committee has engaged in discussions with Dish concerning its takeover proposal and with Sprint over the course of the last two months, and intends to continue such discussions. Clearwire does not expect to enter into an accelerated build-out agreement with Sprint at this time.
REFILE-UPDATE 2-Jury awards $3.35 mln in vaginal mesh case against J&J
2013-02-25 23:52:26| Biotech - Topix.net
A jury on Monday said Johnson & Johnson should pay a South Dakota woman $3.35 million for failing to adequately warn her doctor of the potential dangers of a vaginal mesh implant made by the company's Ethicon subsidiary, and for misrepresenting the product in brochures.
REFILE-UPDATE 2-Jury awards $3.35 mln in vaginal mesh case against J&J
2013-02-25 22:56:23| Food - Topix.net
A jury on Monday said Johnson & Johnson should pay a South Dakota woman $3.35 million for failing to adequately warn her doctor of the potential dangers of a vaginal mesh implant made by the company's Ethicon subsidiary, and for misrepresenting the product in brochures.
Kenya - Government to write off $464 mln debt of sugar mills
2013-02-22 14:46:43| Sugar Industry News
The government has agreed to write off KES40 bln ($1=KES86.15) debt owed by sugar millers as a final step to the sale of the five state-owned sugar companies Muhoroni, Sony, Chemilil, Miwani, and Nzoia, local press reports said.
Tags: government
write
debt
sugar
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