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1&1 Drillisch cuts EBITDA forecast on Telefonica network prices, considers damages claim

2020-09-21 10:36:00| Telecompaper Headlines

(Telecompaper) Germany's 1&1 Drillisch said it has revised its EBITDA forecast for 2020 downwards to approximately EUR 600 million from EUR 683.5 million, due to a price increase under its MBA MVNO agreement with Telefonica. The MBA MVNO agreement is a remedy by the EU Commission relating to the merger of E-Plus with Telefonica. Prices for voice services per minute and data prices per gigabyte from July 2020 and for the following years are higher, according to Drillisch, and Telefonica is applying them without taking into account the agreement in their negotiations.

Tags: network prices claim damages

 

Coronavirus: Rolls-Royce considers tapping investors for 2.5bn

2020-09-20 13:05:51| BBC News | Business | UK Edition

The jet engine-maker is reportedly in talks with sovereign wealth funds to raise money.

Tags: investors considers tapping rollsroyce

 
 

Equitrans Considers Options Against EQT in Pipeline Dispute

2020-09-14 19:35:00| OGI

Equitrans said that the 1.6 Bcf/d Hammerhead pipeline was, however, placed in-service on Aug. 1, after being completed and injected with initial line-packgas stored in a pipelineprovided by EQT in July.

Tags: options dispute considers pipeline

 

US govt considers adding Chinese chipmaker SMIC to Entity List

2020-09-08 09:12:00| Telecompaper Headlines

(Telecompaper) The US Department of Defense said on 5 September that it was thinking of adding Semiconductor Manufacturing International Corporation (SMIC) to the Department of Commerce's so-called Entity List, media reports said. China's SMIC provides chips to Qualcomm, Broadcom, and Texas Instruments, among others. The Entity list imposes license requirements for products set for export. The US recently tightened that list, to "prevent Huawei's attempts to circumvent US export controls to obtain electronic components developed or produced using US technology," the department said. US officials have long alleged that Chinese tech firms pose national security risks. 

Tags: list chinese adding entity

 

Displeased at Sunrise acquisition, Salt considers legal action

2020-08-28 02:00:00| Total Telecom industry news

Earlier this month, the Swiss telecoms industry saw a major turn around, with Liberty Global announcing that it will purchase the country’s second-largest operator, Sunrise Communications, for around $7.4 billion.    Until recently, negotiations had focus had been reversed, with Sunrise mulling a $6 billion purchase of Liberty Global&rsquo…read more on TotalTele.com »

Tags: legal action salt acquisition

 

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