je.st
news
Tag: eur
Italy's WindTre fined over EUR 16 mln for personal data breaches
2020-07-14 09:41:00| Telecompaper Headlines
(Telecompaper) Italy's data protection authority, Garante Privacy, has fined WindTre a total of EUR 16.73 million for breaches of personal data legislation in the course of telephone, email and SMS-based marketing activities. Following a complex investigation, the watchdog found that WindTre used customer data without consent for promotional purposes, with users complaining that they had not been able to exercise their right to withdraw their consent.
Masmovil confirms FY20 and FY21 guidance, bidders secure EUR 2 bln loan
2020-07-03 12:14:00| Telecompaper Headlines
(Telecompaper) Spanish telecommunications provider Masmovil, the country's fourth largest network operator, has reiterated its full-year guidance for 2020 and 2021, taking into account the impact of the coronavirus epidemic on its business. In a filing with securities market regulator CNMV, the operator said it expected to achieve an adjusted EBITDA of EUR 570-600 million this year, with a margin of 30-32 percent, rising to EUR 670-700 million, with a margin of 32-34 percent in 2021.
Tags: eur
secure
loan
guidance
Spanish govt approves EUR 150 mln FTTH funding for digital divide areas
2020-07-01 09:34:00| Telecompaper Headlines
(Telecompaper) Spain's council of ministers has approved a plan to allocate EUR 150 million in funding this year to bring high-speed FTTH to underserved areas. Under the PEBA-NGA programme, the government intends to increase superfast broadband coverage at speeds of between 300 Mbps and 1 Gbps to 91.24 percent of the Spanish population and 75.29 percent of rural areas by the end of 2021.
Tags: digital
areas
eur
spanish
TIM sells Inwit stakes to Ardian and Canson for EUR 1.6 bln
2020-06-25 08:59:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) has announced the sale of direct and indirect stakes in mobile towers group Inwit to a consortium led by French private equity firm Ardian, confirming earlier reports. Under the deal, TIM said the Ardian consortium is acquiring 49 percent of a newly-formed holding company where it plans to transfer a 30.2 percent Inwit stake. TIM has also agreed to sell an up to 3 percent direct Inwit stake to a vehicle managed by Canson Capital Partners, meaning the operator will cash in a total of EUR 1.6 billion from the transactions.
Technicolor reaches preliminary agreement on EUR 420 mln financing plan
2020-06-23 13:06:00| Telecompaper Headlines
(Telecompaper) Technicolor announced details of a restructuring plan agreement which, if approved, would provide the company with new financing of EUR 420 million from a number of lenders, including Bain, Alcentra and BpiFrance. The proposal depends on a major debt equitization exercise worth up to EUR 660 million, which needs to be endorsed at an extraordinary general meeting scheduled on 20 July.
Tags: plan
eur
agreement
financing
Sites : [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] [21] [22] next »