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Tag: expansion
NENT plans Viaplay international expansion, mulls SEK 3.5 bln equity increase and US listing
2020-11-10 10:20:00| Telecompaper Headlines
(Telecompaper) Nordic Entertainment Group (NENT) has announced plans to launch its Viaplay streaming service in Poland and the US in 2021 and in five other markets by the end of 2023, with a new target of approximately 10.5 million Viaplay subscribers by end of 2025. In addition, NENT is considering raising more equity to finance the international expansion and increase liquidity and the company also is mulling a secondary US listing.
Tags: us
international
increase
listing
Orange restores dividend as fibre expansion supports Q3 sales growth
2020-10-29 09:45:00| Telecompaper Headlines
(Telecompaper) Orange has confirmed a stable dividend for 2020, after reporting a return to sales growth in the third quarter. Growth in convergent offers and wholesale fibre in France and continued expansion in Africa and the Middle East supported the higher sales in Q3, offsetting the impact of the Covid-19 crisis, which hurt roaming and handset sales. Orange still expects a small drop in EBITDA this year, but a delay in capex means cash flow will be unaffected, supporting its dividend plans.
Tags: sales
growth
orange
supports
TikTok shrugs off Trump attack with expansion plans
2020-10-28 04:53:21| BBC News | Business | UK Edition
The Chinese-owned app is tying up with Shopify to create video ads and hiring thousands of engineers.
Tags: plans
attack
expansion
trump
Illinois Regulators Approve Expansion of Dakota Access Oil Pipeline
2020-10-15 20:15:00| OGI
The Dakota Access oil pipeline had been a source of controversy prior to its completion in 2017, and there is an ongoing legal challenge over whether the line should remain operational.
Tags: access
oil
expansion
illinois
Telefonica in talks to raise EUR 5 bln for German fibre expansion - report
2020-10-12 10:26:00| Telecompaper Headlines
(Telecompaper) Telefonica is in talks with lenders and investors to receive EUR 5 billion for fibre expansion in Germany, Reuters reports, citing sources. Banks would lend two thirds of the money and the rest would be equity, including from an investor now holding exclusive talks with Telefonica. The company will invest the cash in fibre projects one step at a time. Telefonica Germany could take a passive equity stake in the new infrastructure unit responsible for fibre expansion, the report added, and could become an anchor customer.
Tags: report
eur
german
expansion
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