je.st
news
Tag: mln
GTT buys Global Capacity for USD 100 mln, plus shares
2017-06-27 08:53:00| Telecompaper Headlines
(Telecompaper) Cloud networking provider GTT Communications (GTT) has agreed to buy Global Capacity, a provider of network connectivity systems aimed at helping companies connect to cloud and business destinations, for USD 100 million in cash and 1.85 million GTT shares. The acquisition is expected to close by the end of third quarter, subject to the usual regulatory approvals and closing conditions. GTT will fund the cash portion of the deal with funds from the debt offering completed in May. After integration, GTT CEO Rick Calder expects the combined company will achieve the company's previously announced financial objective of USD 1 billion in revenue and USD 250 million in adjusted EBITDA.
Tags: global
capacity
usd
shares
Dutch FTTH homes passed to hit 3 mln in 2021
2017-06-23 10:28:00| Telecompaper Headlines
(Telecompaper) The number of homes passed with FTTH connections in the Netherlands is expected to pass 3 million in 2021, equal to 38 percent of households, according to the latest report from Telecompaper. Just over half of homes passed are expected to subscribe to the fibre services by the end of the forecast period. In 2016, the number of homes passed increased by 137,000, a sharp slowdown from the 200,000 homes added in 2015. In total, 2.65 million homes had access to a fibre connection at the end of 2016. KPN, via its subsidiary Reggefiber, again added the most homes passed in 2016, mainly in the first half of the yar. In the second half, Reggefiber's roll-out slowed to a near standstill, and this trend is expected to continue, as KPN focuses more on upgrading its copper network and limits fibre to new-build areas. CIF meanwhile is focusing more on bringing fibre to rural and outlying areas. However, it also took a step back last year, which will slow its roll-out in the coming years. Other, smaller parties started taking a bigger role in the market last year. Telecompaper expects these players, such as E-Fiber, Kabelnoord, Rendo and Rekam, to take a larger share of the new homes passed in the coming years.
Dutch multi-play market growth slows, at 6.5 mln subscribers
2017-06-22 10:59:00| Telecompaper Headlines
(Telecompaper) Growth in the number of multi-play households is slowing, with already 84 percent taking two or more services from the same provider. In the first quarter of 2017, 38,000 multi-play subscribers were added in the market, for a total 6.54 million, according to the Telecompaper report 'Dutch Consumer Multiplay Market'. Over 14 percent took a quad-play plan, with the three fixed services TV, broadband and fixed line as well as mobile telephony.
Tags: market
growth
dutch
subscribers
Millicom to sell Tigo Senegal to Wari for USD 129 mln
2017-02-07 14:35:00| Telecompaper Headlines
(Telecompaper) Millicom announced that it has signed an agreement for the sale of its Tigo business in Senegal to Wari Group for USD 129 million. Wari Group, based in Senegal, operates a platform for digital financial services in Africa and is expected to build on the Tigo Money service to expand its business.
3 UK to buy 4G operator UK Broadband for GBP 300 mln
2017-02-06 15:58:00| Telecompaper Headlines
(Telecompaper) Mobile operator 3 UK has agreed to acquire UK Broadband Limited, an ISP offering 4G broadband services in London, for GBP 300 million. 3 UK CEO Dave Dyson said in a statement that the takeover "gives us an opportunity to expand our ambition to provide high quality and great value internet connectivity for UK consumers". UK Broadband has around 15,000 customers in the UK, as well as 124 MHz of spectrum.
Tags: buy
operator
gbp
broadband
Sites : [59] [60] [61] [62] [63] [64] [65] [66] [67] [68] [69] [70] [71] [72] [73] [74] [75] [76] [77] [78] next »