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Tag: stake
Eutelsat sells 51% stake in Euro Broadband Infrastructure to Viasat
2020-11-19 11:10:00| Telecompaper Headlines
(Telecompaper) Satellite operator Eutelsat has announced the disposal of its 51 percent holding in Euro Broadband Infrastructure (EBI), a subsidiary operating the Ka Sat satellite and providing broadband services on a wholesale basis across European and Mediterranean markets. Viasat, EBI's current co-owner, will take full control of the company for an initial consideration of EUR 140 million. Two years following completion of the deal, the final price of the stake may be adjusted upwards or downwards by up to EUR 20 million, subject to a number of revenue targets over this period. The sale is expected to close during the first three months of 2021.
Tags: to
euro
infrastructure
broadband
BT may mull sale of Openreach stake, says CEO
2020-11-19 01:00:00| Total Telecom industry news
BT’s CEO Philip Jansen has claimed to be ‘open minded’ about the prospect of selling a stake in the company’s giant infrastructure unit Openreach, but only once the company has received clarity on the fibre regulatory framework next year. "…read more on TotalTele.com »
Harf Boosts Stake in Coty
2020-11-17 13:56:13| Happi Breaking News
Chairman and CEO's move lifts stock.
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boosts
coty
boosts stake
Orange acquires majority stake in Telekom Romania's fixed unit
2020-11-09 10:14:00| Telecompaper Headlines
(Telecompaper) Orange Romania said it signed the agreement for the acquisition of a majority stake in Telekom Romania's fixed division from Greece' OTE. The transaction includes the 54 percent stake held by OTE and the subscribers of the fixed-mobile converged services. The remaining 46 percent is held by the Romanian state.
Tags: unit
fixed
orange
majority
Orange Romania to acquire 54% controlling stake in Telekom Romania
2020-11-09 08:40:31| Digital TV News
Orange Romania has announced that it signed a deal to acquire a controlling 54% stake in Telekom Romania Communications (TKR). Orange will pay a total of 268m, on a debt-free, cash-free basis and subject to customary adjustments at closing.
Tags: orange
romania
controlling
acquire
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