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Tag: mln
UPC Cablecom to spend CHF 250 mln on network expansion
2016-03-24 11:08:00| Telecompaper Headlines
(Telecompaper) UPC Cablecom has confirmed plans to invest over CHF 250 million in extending its network to 250,000 additional premises in Austria and Switzerland over the next five years. Parent company Liberty Global is supporting this initiative as part of its new build investment programme announced earlier this year. Around 50,000 homes are already set to be connected with fibre cable in 2016 under the "Autostrada" investment programme. Today, a third of Austrian households and approximately half of Swiss households are connected to UPC's network. The network expansion will include densification in areas where it's already present as well as expansion to new areas.
Tags: network
spend
expansion
chf
Enel reveals EUR 2.5 bln fibre plan to connect 7.5 mln homes
2016-03-23 11:21:00| Telecompaper Headlines
(Telecompaper) Italian utility giant Enel has confirmed plans to invest a total of EUR 2.5 billion to help bring ultrafast broadband to around 7.5 million homes in 224 Italian cities. In a statement, the company said its newly-created Enel Open Fiber venture will take advantage of the installation of around 30 million smart electric meters over the next four years to run fibre cables into homes and offices all over Italy. Enel Open Fiber will operate as a wholesale-only player and will build infrastructure for other licensed operators, said the company, with CEO Francesco Starace adding that "installing fibre cables through our electricity network, which reaches the businesses and homes of 32 million Italians, will enable wide-ranging coverage of the country at competitive costs."
Applied Materials to spend $615 mln to expand in China market -China Daily
2016-03-15 23:53:10| Electronics - Topix.net
Applied Materials Inc, the world's largest supplier of equipment used to make semiconductor chips, plans to invest 4 billion yuan to expand in the China market over the next few years, the China Daily quoted company CEO Gary Dickerson as saying. China has been ploughing tens of billions of dollars into building a competitive chip industry in a bid to cut down on imports and support domestic demand.
Tags: china
market
daily
materials
Applied Materials to spend $615 mln to expand in China market -China Daily
2016-03-15 04:17:49| Semiconductors - Topix.net
Applied Materials Inc , the world's largest supplier of equipment used to make semiconductor chips, plans to invest 4 billion yuan to expand in the China market over the next few years, the China Daily quoted company CEO Gary Dickerson as saying. China has been ploughing tens of billions of dollars into building a competitive chip industry in a bid to cut down on imports and support domestic demand.
Tags: china
market
daily
materials
Zegona offers over EUR 500 mln for Yoigo - report
2016-03-14 10:06:00| Telecompaper Headlines
(Telecompaper) UK-based investment fund Zegona has offered over EUR 500 million for the 77 percent stake in Spanish mobile operator Yoigo owned by TeliaSonera, according to unnamed sources cited by business daily Expansion. The bid is some EUR 60-65 million higher than that offered by Spanish operator MasMovil, added the sources, after both companies responded to an invitation from TeliaSonera to bid for its controlling stake in Spain's fourth largest mobile operator.
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