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Tag: mln
Masmovil Q1 service revenues EUR 228 mln, up 17%
2017-07-14 10:34:00| Telecompaper Headlines
(Telecompaper) Spanish operator Masmovil reported service revenues of EUR 228 million in the first quarter of 2017, up 17 percent on a proforma basis from a year earlier. Recurring EBITDA more than doubled from a year earlier to EUR 45 million from EUR 20 million and the company reaffirmed its earnings guidance for full-year 2017.
Ice buys 40,000 clients from unknown operator for NOK 75 mln
2017-07-11 12:59:00| Telecompaper Headlines
(Telecompaper) AINMT said that its Norwegian network operator ice.net has agreed to acquire a B2C customer base from an undisclosed Norwegian mobile phone operator. After migration, ice.net is expected to have acquired a net amount of minimum 40,000 B2C customers. Ice.net will pay approximately NOK 75 million for the customer base, plus a potential bonus, dependent on the number of subscribers successfully migrated to Ice.
Tags: unknown
clients
ice
operator
Cincinnati Bell buys Hawaiian Telcom, OnX for USD 650 mln
2017-07-10 17:04:00| Telecompaper Headlines
(Telecompaper) Cincinnati Bell has bought Hawaiian Telcom and OnX Enterprise Solutions for a total of USD 650 million, giving a boost to its scale and service offerings. Under the agreement with Hawaiian, Hawaiian Telcom shareholders will be able to either get USD 30.75 in cash, 1.6305 Cincinnati shares, or a mix of USD 18.45 in cash and 0.6522 shares of Cincinnati Bell for each share of Hawaiian Telcom. Cincinnati will pay USD 201 million for OnX Enterprise Solutions, in cash.
Tags: usd
bell
cincinnati
buys
CityFibre to raise GBP 200 mln for expansion, FTTH launch
2017-07-05 09:34:00| Telecompaper Headlines
(Telecompaper) UK operator CityFibre is planning to place GBP 200 million in a share offering to further its network expansion plans. The company will sell GBP 185 million worth of shares at 55 pence each, underwritten by Citigroup, finnCap, Liberum and Macquarie, and raise another GBP 15 million through a non-underwritten offering. With the money, CityFibre will boost its infrastructure and continue putting its focus on wholesale fibre services, namely with the acquisition of business ISP Entanet, for GBP 29 million in cash.
Tags: expansion
raise
launch
gbp
UK launches GBP 400 mln fibre investment fund
2017-07-03 10:54:00| Telecompaper Headlines
(Telecompaper) The UK government has officially launched the GBP 400 million Digital Infrastructure Investment Fund (DIIF), aimed at stimulating investment in full-fibre networks. First announced last November, the fund is expected to help the UK catch up in fast broadband, as most investment to date has gone to upgrades of the copper or cable networks, rather than rolling out FTTP services. The GBP 400 million will be available over four years, and private operators and financial investors are expected to match this with their own funds to reach over GBP 1 billion in total investment.
Tags: investment
fund
gbp
launches
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