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Tag: mln
Reliance Jio adds 15 mln subscribers in September quarter
2017-10-16 08:57:00| Telecompaper Headlines
(Telecompaper) ARPU during the quarter stood at INR 156.4. Total wireless data traffic jumped to 3.78 billion GB, and average voice traffic reached 2.67 billion minutes per day.
Tags: september
quarter
adds
subscribers
EC orders Amazon to pay EUR 250 mln in back taxes
2017-10-04 12:54:00| Telecompaper Headlines
(Telecompaper) The European Commission has ordered Amazon to pay back EUR 250 million in unpaid takes after ruling that it benefited from illegal state aid from Luxembourg. The decision, which confirms recent reports, follows a three-year probe into tax arrangements between the US online retailer and Luxembourg, with the European Commission having already ruled that the 2003 sweetheart deal "constituted state aid". In a statement, EU competition commissioner Margrethe Vestager said Luxembourg's "illegal tax advantages to Amazon" had allowed almost three-quarters of the company's profits to go untaxed, meaning it paid four times less tax than rival local companies.
Roku prices IPO at top of price range, raises USD 219 mln
2017-09-28 08:30:00| Telecompaper Headlines
(Telecompaper) Roku has priced its IPO at the high end of the indicated price range, raising in total USD 219 million. The 15.7 million shares were priced at USD 14 each, the top of the USD 12-14 price range.
Canyon Bridge buys Imagination for GBP 550 mln
2017-09-25 09:35:00| Telecompaper Headlines
(Telecompaper) Canyon Bridge's CBFI Investment has agreed to buy Imagination, in a cash transaction valued at GBP 550 million. The company put itself up for sale in June, after starting a sales process for its MIPS and Ensigma operations in May. The decisions were taken after news in April that Apple stopped using Imagination as a supplier.
Tags: bridge
gbp
imagination
canyon
Samsung sets up USD 300 mln automotive investment fund
2017-09-14 11:13:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics is setting up a new fund to invest in the automotive market. The Samsung Automotive Innovation Fund has an initial USD 300 million, and its first investment is USD 75 million in TTtech, a specialist in the integration of automotive safety and control systems that works closely with Audi.
Tags: automotive
sets
investment
usd
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