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Amdocs acquires Openet in USD 180 million deal

2020-07-24 11:37:00| Telecompaper Headlines

(Telecompaper) Amdocs, global provider of software and services to communications and media companies, has signed a definitive agreement to acquire Openet, the provider of 5G charging, policy and cloud systems. The deal will bring Openet technologies to Amdocs' customer base of over 350 service providers worldwide. 

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Montage Resources to Sell Noncore Ohio Utica Asset for $25 Million

2020-07-23 21:35:00| OGI

Montage Resources entered into a non-binding letter of intent with an international third-party for the sale of its existing noncore Ohio Utica wellhead gas and liquids gathering infrastructure.

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AR/VR device shipments projected to reach 43.2 million units in 2025

2020-07-23 18:30:41| Digital TV News

Total shipments of AR/VR devices are expected to reach 5.12 million units in 2020, according to TrendForce. The market is projected to have a compound annual growth rate of 53.1% from 2020 to 2025.

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Luxembourg's 5G spectrum auction raises EUR 41.3 million

2020-07-23 08:14:00| Telecompaper Headlines

(Telecompaper) Luxembourg's ministry for communications and media announced that four bidders have successfully secured 5G spectrum in the auction that took place in mid-July for 700 MHz and 3,600 MHz frequencies. Overall, the licence holders will pay EUR 41.3 million for their fifteen-year licences. In the 3,600 MHz band, the country's three mobile network operators were awarded most of the spectrum, with Post and Orange securing 110 MHz each and Proximus Luxembourg acquiring 100 MHz.

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ConocoPhillips Extends Montney Shale Position with $375 Million Acquisition

2020-07-22 23:25:00| OGI

ConocoPhillips agreed to pay Kelt Exploration roughly $375 million in cash for 140,000 net acres directly adjacent to the companys existing position in Canadas Montney Shale.

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