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Telefonica Deutschland sells mobile infrastructure to Telxius for EUR 1.5 bln

2020-06-09 09:36:00| Telecompaper Headlines

(Telecompaper) Telefonica Deutschland said it has finalised a deal to sell its passive infrastructure of around 10,100 mobile sites to Telxius for EUR 1.5 billion. The assets include 10,000 rooftop sites and up to 80 tower sites, while the active radio technology remains in the hands of Telefonica Deutschland and will continue to be used to operate the mobile network. 

Tags: mobile eur deutschland infrastructure

 

Jio Platforms sells 1.16% stake to Abu Dhabi Investment Authority for EUR 667 mln

2020-06-08 09:11:00| Telecompaper Headlines

(Telecompaper) The Abu Dhabi Investment Authority (ADIA) has bought a stake in Jio Platforms of 1.16 percent, for INR 56.83 billion, or over EUR 667 million. The latest investment brings Jio Platforms' enterprise value to INR 5.16 trillion, the company said. 

Tags: eur investment authority platforms

 
 

EU proposes EUR 8.2 bln for 'Digital Europe' 2021-27 programme

2020-06-05 09:22:00| Telecompaper Headlines

(Telecompaper) Digital Europe's stated goal is to build the strategic digital capacities of the EU and facilitate the wide deployment of digital technologies to Europe's citizens, businesses and public administrations. The aim is to strengthen investments in supercomputing, artificial intelligence, cybersecurity, advanced digital skills and ensuring a wide use of digital capacity across the economy and society with a view to boosting Europe's competitiveness and the green transition towards climate neutrality by 2050 as well as guaranteeing technological sovereignty. 

Tags: digital eur europe programme

 

Technicolor abandons plan for EUR 300 mln rights issue, seeks new EUR 400 mln financing

2020-05-27 11:12:00| Telecompaper Headlines

(Telecompaper) Technicolor said that it has been unable to go ahead with its previously announced EUR 300 million rights issue, due to the unprecedented crisis caused by the Covid-19 pandemic. It has instead entered talks with some of its creditors and with third-party investors to obtain a new EUR 400 million financing, indicating that so far it has received indicative offers from one investor and from one of its existing lenders.

Tags: rights plan issue eur

 

Virgin Telco launches in Spain with 300Mbps fibre, 20GB data for EUR 39

2020-05-21 08:51:00| Telecompaper Headlines

(Telecompaper) Spain's fifth largest operator Euskaltel has revealed the launch offer for its new Virgin Telco brand, available in 85 percent of the Spanish market where it's not currently present via the Orange Spain network. The flexible range of tariffs include an FTTH offer at speeds of up to 300Mbps for EUR 33 a month, rising to EUR 39 for 600Mbps broadband. This can be converted into a convergent plan with the addition of a mobile line with 20GB of 4G data and unlimited calls for an extra EUR 6 a month, rising to EUR 29 for a mobile line with unlimited calls and data.

Tags: data eur spain virgin

 

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