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Tag: eur
German 5G auction attracts over EUR 300 mln in bids in first day
2019-03-20 09:28:00| Telecompaper Headlines
(Telecompaper) The German Federal Network Agency said that over EUR 332 million was offered by the four bidders in the 5G spectrum auction in the first day. Eight rounds of bidding were held and all but one block of spectrum received bids.
Canal Plus unveils SVoD service dedicated to TV series for EUR 6.99/month
2019-03-11 15:57:00| Telecompaper Headlines
(Telecompaper) French broadcaster Canal Plus announced the availability from 12 March of a new SVoD package for fans of TV series. Priced at EUR 6.99 per month, the subscription will offer 5,000 episodes across 150 current series, with several new productions in the pipeline. Around 90 percent of the content will be exclusive to Canal Plus.
Tags: service
series
eur
dedicated
CDP spends EUR 960 mln to increase TIM stake to 8.7%
2019-03-11 10:26:00| Telecompaper Headlines
(Telecompaper) Italian state lender CDP has spent over EUR 960 million to increase its stake in Telecom Italia (TIM) to around 8.7 percent, according to a SEC filing. The state holding now has over 1.32 million TIM shares and is reportedly determined to reach a 10 percent stake ahead of a key shareholder vote on the composition of TIM's board on 29 March. The meeting will see shareholders vote on a request by leading shareholder Vivendi to remove five board members appointed by US activist fund Elliott on grounds of what the French company claims is a "substantial lack of independence".
Vodafone to raise EUR 4 billion in convertible debt issue
2019-03-05 10:54:00| Telecompaper Headlines
(Telecompaper) Vodafone announced plans to raise EUR 4 billion with the issue of mandatory convertible bonds. The proceeds will be used to finance its planned takeover of Liberty Global's cable activities in Germany and eastern Europe.
Cellnex announces EUR 1.2 bln capital hike to fund acquisitions
2019-02-28 10:30:00| Telecompaper Headlines
(Telecompaper) Spanish infrastructure operator Cellnex Telecom has announced a EUR 1.198 billion capital increase to strengthen the group's resources and fund its further expansion. The capital increase involves the issue of 66.9 million new shares, equivalent to 28.91 percent of its current total, at EUR 17.89 per share. Cellnex said its main shareholders ConnecT (29.9% of the capital) and CriteriaCaixa (6%) have already agreed to subscribe to the issue.
Tags: eur
capital
fund
announces
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