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Google to invest another EUR 1 billion in Dutch data centres
2019-06-24 16:48:00| Telecompaper Headlines
(Telecompaper) Google has announced an investment of another EUR 1 billion in its data centres in the Netherlands. This includes another expansion of its existing site at Eemshaven in the north of the country, on top of the plans already announced in 2018, and a new data centre being built at the Agriport in the city of Hollands Kroon. This brings the company to a total investment of EUR 2.5 billion in the Netherlands since 2016.
Tieto agrees merger with Evry to form IT firm with EUR 3 billion revenue
2019-06-18 11:01:00| Telecompaper Headlines
(Telecompaper) Finnish software firm Tieto and Norwegian consultancy Evry said they have agreed to merge to form a digital services and software company with combined revenue of nearly EUR 3 billion and a workforce of 24,000 people. The combined company will be named TietoEvry and it will serve thousands of enterprise and public sector customers in more than 90 countries.
German 5G auction ends with EUR 6.5 bln in total bids
2019-06-13 08:33:00| Telecompaper Headlines
(Telecompaper) The German Federal Network Agency said that the 5G auction has ended with EUR 6.5 billion offered in total by the four bidders, after 497 rounds of bidding.
TIM sells media unit Persidera to F2i for EUR 240 mln
2019-06-05 09:11:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) and publisher Gedi Gruppo Editoriale have announced a binding agreement to sell their stakes in broadcasting unit Persidera to Italian infrastructure fund F2i and EI Towers for a total of EUR 240 million. The deal to divest TIM's 70 percent stake and Gedi's 30 percent holding in the former Telecom Italia Media Broadcasting company remains subject to approval and involves the demerger of Persidera into two separate entities. It's expected to close in the final quarter of 2019.
Telefonica launches EUR 8 a month 'Movistar+ Lite' OTT service
2019-06-04 15:28:00| Telecompaper Headlines
(Telecompaper) Telefonica has announced the details of its first OTT platform for customers of all Spanish operators at an event in Madrid. The service will be called Movistar+ Lite and will be open to all customers and all devices on the market via a standalone app from 05 June. Movistar+ Lite costs EUR 8 a month, with the first month available for free and with no permanence clause.
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