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Wind Tre sheds 2 mln lines since Iliad entry - Agcom
2019-10-18 08:52:00| Telecompaper Headlines
(Telecompaper) The Italian mobile market added a total of 3.0 million lines in the 12 months to end of June 2019, due mainly to a 4.3 million rise in M2M lines, which offset a 1.3 million decline in traditional human SIMs, according to the latest report from regulator Agcom corresponding to the second quarter of 2019. Wind Tre continued to lead the market of human SIMs at the end of June with a 31.5 percent share, down 3.1 percent year on year, above all as a result of the 4.7 percent market share attained by new entrant Iliad in its first 13 months of activity.
Cellcom Israel starts restructuring plan to cut annual opex by ILS 150 mln by end-2020
2019-09-24 09:44:00| Telecompaper Headlines
(Telecompaper) Cellcom Israel said its board has approved a comprehensive restructuring plan which will strengthen it in facing continued intense competition and low prices in the market. The plan sets a number of goals to be achieved by the end of 2020, including returning to positive net income, cutting the net debt to EBITDA ratio below 3 (excluding IFRS16 ramifications and special and unusual items), and preparing the company to cope better with market conditions, competition and future investments.
Google plans to invest another EUR 600 mln in Finnish data centre site in 2020
2019-09-20 13:41:00| Telecompaper Headlines
(Telecompaper) Google has announced that it will invest another EUR 600 million in its data centre operations in Hamina in Finland in 2020, bringing its total investment there to EUR 2 billion since 2009. This will support approximately 4,300 jobs per year on average over the next two years and beyond.
Datadog raises USD 648 mln in IPO, reportedly rejects Cisco takeover offer
2019-09-19 08:55:00| Telecompaper Headlines
(Telecompaper) The cloud monitoring specialist Datadog has raised USD 648 million in an initial public offering of shares on the Nasdaq market in New York. The 24 million shares were priced at USD 27 each, above the original indicated range of USD 19-22. The underwriters have a 30-day option to purchase up to 3.6 million additional shares.
Corning gets USD 250 mln from Apple to further glass development
2019-09-17 15:22:00| Telecompaper Headlines
(Telecompaper) Apple is investing another USD 250 million in Corning to help further the company's development of new glass materials for smart devices. The money comes from Apple's Advanced Manufacturing Fund, set up to support components manufacturers in the US, and follows USD 200 million given to Corning in May 2017.
Tags: development
glass
usd
apple
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