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Tag: hybrid
Orange issues EUR 3 bln hybrid bonds for Jazztel acquisition
2014-09-25 08:56:00| Telecompaper Headlines
(Telecompaper) Orange has announced that it has raised EUR 3 billion towards its proposed acquisition of Spanish broadband operator Jazztel via the hybrid capital market. The company issued the equivalent of EUR 3 billion in hybrid subordinated perpetual bonds on the Euro and Sterling markets. The bonds were issued in three tranches of EUR 1 billion, 1.25 billion and 600 million, offering first call dates of 7, 12 and 8.5 years respectively. Orange said total orders exceeded EUR 11 billion and that the issue allowed it to strengthen its balance sheet at a cost of 4.5 percent, below the average cost of its existing bonds. On 16 September Orange launched an offer to acquire 100 percent of Jazztel shares at EUR 13 per share, valuing the Spanish operator at around EUR 3.4 billion. The deal is subject to regulatory approval as well as to Jazztel shareholders tendering at least half of the stock on top of an almost 15 percent stake held by top executives who have agreed to sell.
Tags: issues
eur
orange
acquisition
Huawei provides Hybrid Video Solution to Mexico's Megacable
2014-09-25 07:00:21| Digital TV News
Huawei has announced that they have provided Mexico's Megacable with a Hybrid Video Solution. Megacable's subscribers will benefit from services such as a digital video recorder, catch-up TV, fast channel change and other interactive features.
Tags: video
solution
hybrid
huawei
Entone and ZTE collaborate to boost hybrid TV
2014-09-24 21:00:15| Digital TV News
Entone and ZTE have announced the integration of Entones hybrid devices with ZTEs IPTV platform to enable service operators to quickly launch IPTV and OTT services.
Tags: tv
boost
hybrid
collaborate
New Ford Mondeo to offer new high-power diesel, 1L EcoBoost, hybrid model, pedestrian detection technology
2014-09-24 13:30:31| Green Car Congress
Tags: technology
offer
model
ford
PathPartner Technology announces hybrid hardware-software HEVC decoder IP
2014-09-23 15:20:47| Digital TV News
PathPartner Technology has announced the availability of the industry's first hybrid HEVC (H.265) decoder partitioned optimally between ARM Cortex-A9 software and FPGA hardware.
Tags: technology
hybrid
announces
decoder
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