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Altice fibre JV to acquire French infrastructure operator Covage for EUR 1 bln

2019-11-25 10:13:00| Telecompaper Headlines

(Telecompaper) Altice Europe announced that its French fibre venture SFR FTTH has agreed to acquire infrastructure operator Covage for a total cash consideration of EUR 1.0 billion. The deal was reached with the operator's two main shareholders, private equity firm Partners Group and Cube Infrastructure Fund. The latter was reported to have hired Morgan Stanley earlier this year to find a buyer for its 50 percent stake in Covage.

Tags: eur french operator infrastructure


French govt wants 5G spectrum auction floor price of EUR 2.2 bln

2019-11-25 09:37:00| Telecompaper Headlines

(Telecompaper) The French secretary of state for the telecom sector, Agnes Pannier-Runacher, said that the 3.4-3.8 GHz spectrum on sale in the forthcoming 5G auction will have a minimum price of EUR 2.2 billion. In an interview with Les Echos, she explained that the country's four operators will each be able to acquire a block of 50 MHz at a fixed price of EUR 350 million in the first phase of the award process. After the allocation of the four blocks, totalling 200 MHz, operators will have to bid for the remaining 110 MHz of spectrum in an auction that will see each block of 10 MHz selling for a starting price of EUR 70 million. At the end of the two-part tender process, the maximum spectrum holding that an operator can obtain is 100 MHz.

Tags: price eur french floor


Mediaset Spain, Atresmedia fined over EUR 77 mln for anti-competitive conduct in TV ad market

2019-11-14 09:23:00| Telecompaper Headlines

(Telecompaper) Spanish market and communications regulator CNMC has fined the broadcasters Atresmedia and Mediaset Spain a total of EUR 77.1 million for anti-competitive practices in the free-to-air (FTA) TV advertising market, confirming earlier reports. The watchdog launched a formal investigation into possible collusion by the broadcasters in February 2018, with reports at the time suggesting a fine of up to EUR 200 million. That has now been reduced to EUR 38.9 million for Mediaset and EUR 38.2 million for Atresmedia, with the broadcasters also required to modify their business practices within three months to boost competition in the sector.

Tags: tv market eur spain


Xiaomi unveils Mi Note 10 with 108 MP penta camera from EUR 549

2019-11-06 15:29:00| Telecompaper Headlines

(Telecompaper) Xiaomi has unveiled the latest flagship smartphone in its premium Mi Note series at an event in Madrid. The Mi Note 10 comes with what the Chinese vendor describes as the world's first 108-megapixel penta camera setup as well as a 6.47-inch Super Amoled panel with Full HD+ resolution, a fingerprint scanner under the display and a 5260mAh battery with the company's new 30W fast wireless charging technology. It's powered by a Snapdragon 730G chipset, plus 6 GB RAM and includes 128GB storage, a headphone jack but no microSD slot.

Tags: note eur camera unveils


Google plans to invest another EUR 600 mln in Finnish data centre site in 2020

2019-09-20 13:41:00| Telecompaper Headlines

(Telecompaper) Google has announced that it will invest another EUR 600 million in its data centre operations in Hamina in Finland in 2020, bringing its total investment there to EUR 2 billion since 2009. This will support approximately 4,300 jobs per year on average over the next two years and beyond.

Tags: in site data google


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