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Ukraine raises UAH 8.8 bln in 3G tender

2015-02-23 17:36:00| Telecompaper Headlines

(Telecompaper) Ukraine has completed the tender of 3G licences in the 2,100 MHz band. The three largest operators, Life:), MTS Ukraine and Kyivstar each acquired 15-year licences for 30 MHz, the regulator NKRZI announced. Life:) made the highest bid of UAH 3.36 billion, MTS will pay UAH 2.72 billion, and Kyivstar offered UAH 2.7 billion. This brings the total proceeds for the state to UAH 8.77 billion. Once the regulator's board confirms the validity of the bids, the operators will have 30 days to pay for the licences. All three have said they are ready to launch 3G services as soon as they obtain the frequencies. They are required under the terms of the licences to launch services in all regions of the country within 18 months. To date, only one operator has offered 3G in the country, Trimob, the subsidiary of national operator Ukrtelecom. 

Tags: ukraine tender raises bln

 

Apple to invest EUR 1.7 bln in European data centres

2015-02-23 10:59:00| Telecompaper Headlines

(Telecompaper) Apple announced a EUR 1.7 billion plan to build and operate two data centres in Europe, each powered by 100 percent renewable energy. The facilities, located in County Galway, Ireland, and Denmark's central Jutland, will power Apple's online services, including the iTunes Store, App Store, iMessage, Maps and Siri, for customers across Europe. The new facilities will run entirely on clean, renewable energy sources from day one.

Tags: data eur european apple

 
 

Maroc Telecom FY net profit up 5.6% to MAD 5.85 bln

2015-02-23 09:33:00| Telecompaper Headlines

(Telecompaper) Maroc Telecom said its net profit for 2014 increased by 5.6 percent to MAD 5.85 billion from 2013 following an exceptional expense related to the settlement of a tax dispute in 2013. The group's customer base reached over 40 million customers by 31 December 2014, an increase of 8.2 percent compared with 2013, primarily due to the international operations, where the customer base is around 20 million customers, up 17 percent in one year. Revenues rose by 2.1 percent to MAD 29.14 billion, up 2.1 percent from 2013 at a constant exchange rates. This performance is primarily explained by an 11.3 percent increase in international operations, and a 0.8 percent decrease in revenues in Morocco.

Tags: net profit mad telecom

 

Telecom Italia to invest EUR 14 bln by 2017 in Italy, Brazil

2015-02-20 14:06:00| Telecompaper Headlines

(Telecompaper) Telecom Italia has unveiled the details of a three-year business plan for 2015-2017 that envisages total investments of around EUR 10 billion in Italy and over EUR 4 billion in Brazil. The investment earmarked for the operator's domestic market includes around EUR 5 billion for what it describes as innovative developments (NGN, LTE, cloud computing, data centres, transformation activities and TI Sparkle, the company's international operator). One of the main objectives of the plan is to expand fibre-optic coverage to reach 75 percent of the Italian population by 2017 at a cost of EUR 2.9 billion. In addition, the operator will allocate EUR 900 million to accelerate 4G deployment to reach over 95 percent of the country's population over the next three years. In Brazil, total investments over the 2015-17 period will be increased to BRL 14 billion (over EUR 4 billion), allowing the company's local unit, TIM Brasil, to expand 4G coverage to over 15,000 localities, and 3G coverage to over 14,000 localities within the next three years.

Tags: eur italy italia brazil

 

Altice offers Vivendi EUR 3.9 bln for remaining 20% in SFR

2015-02-18 09:14:00| Telecompaper Headlines

(Telecompaper) Telecom holding company Altice and its French subsidiary Numericable-SFR have made an offer to buy the 20 percent outstanding stake in Numericable-SFR held by Vivendi for EUR 40 per share. The offer values the 20 percent stake at EUR 3.9 billion and takes the total price paid for SFR to EUR 17 billion. Under the proposal, half of the stake would be bought through a share buyback programme to be approved at a Numericable-SFR general assembly. The other half will be bought by Altice France for approximately EUR 1.95 billion, plus 3.8 percent interest, before 7 April 2016. The payment has already been secured with a bank guarantee. The two stake purchases will close after the general assembly to be held no later than 30 April. Vivendi said its board will consider the offer at its next meeting 27 February.

Tags: in offers eur remaining

 

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