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Tag: mln
Over 11 mln Spanish homes subscribe to convergent package
2017-11-22 14:31:00| Telecompaper Headlines
(Telecompaper) A total of 11.2 million Spanish households subscribed to some sort of convergent package including at least fixed and mobile telephony and broadband at the end of the first quarter of 2017, according to a report from communications regulator CNMC. The figure is 1.1 million higher than in the first quarter of 2016, with what the CNMC refers to as quad-play packages (fixed and mobile telephony and fixed and mobile broadband) rising by around 200,000 year on year to 6.3 million while quintuple-play packages (also including pay-TV) increased by over 800,000 to 4.9 million.
Tags: subscribe
spanish
homes
package
SK Telecom, Hyundai Motor, Hanwha, Element AI create USD 45 mln global AI fund
2017-11-16 10:03:00| Telecompaper Headlines
(Telecompaper) Element AI established a joint USD 45 million fund with Korean conglomerates SK Telecom, Hyundai Motor Company, and Hanwha Asset Management. The new fund targets the most promising sectors of commercial AI applications and infrastructure, specifically emerging AI-based technologies including autonomous vehicles, household robots, manufacturing, drones, and hardware.
Telefonica sells further 15.2% Telxius to KKR for EUR 484.5 mln
2017-11-14 11:40:00| Telecompaper Headlines
(Telecompaper) Telefonica has announced that private equity firm KKR exercised the previously agreed call option over 38 million shares of its infrastructure subsidiary Telxius (representing 15.2 percent of its share capital) for EUR 484.5 million. As a result of this operation and together with the 24.8 percent stake it acquired last month, KKR will hold 40 percent of Telxius, with Telefonica retaining control.
Tags: eur
sells
mln
telefonica
Swedish govt confirms SEK 150 mln for rural broadband expansion
2017-11-06 12:08:00| Telecompaper Headlines
(Telecompaper) Swedish Metro Network Association SSNf said the government has commissioned the Board of Agriculture to allocate SEK 150 million in broadband funding to sparsely populated parts of Sweden. This funding is intended to target places with fewer residents particularly, but in other respects, the same rules apply as before as far as granting permit and allocating money are concerned.
Tags: rural
expansion
swedish
broadband
Greece raises EUR 201 mln in 1,800 MHz auction
2017-11-06 10:47:00| Telecompaper Headlines
(Telecompaper) Greek telecommunications authority EETT secured EUR 201.450 million through the allocation of frequencies in the 1,800 MHz band. Cosmote bought the largest share of spectrum for EUR 83.150 million, while Vodafone Greece and Wind Hellas paid EUR 59.2 million and EUR 59.1 million respectively for their licences.
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