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Tag: bln
Comcast ups bid for Sky to GBP 39 bln
2018-09-23 10:26:00| Telecompaper Headlines
(Telecompaper) Comcast has submitted a new and higher offer for European pay-TV provider Sky to the US Takeover Panel in round three of the competition auction between itself and rival 21st Century Fox. After raising its price in July to GBP 14.75 per share or a total of GBP 26 billion, the new bid now goes to GBP 17.28 per share. Reports have put the total worth of the offer to GBP 39 billion. Fox earlier bid GBP 14 per share, or a total of GBP 24.5 billion for the company.
Apple pays EUR 13 bln to Ireland in unfair state aid case
2018-09-19 09:14:00| Telecompaper Headlines
(Telecompaper) Apple has fully paid back the EUR 13 billion in unfair state aid it was ordered by the European Commission to give back to Ireland . Minister for Finance Paschal Donohoe said the company paid the bill in tranches over the course of the second and third quarters. The first tranche was paid in May. The full amount was for EUR 13.1 billion, plus interest of EUR 1.2 billion.
Ericsson wins USD 3.5 bln contract for T-Mobile 5G network
2018-09-11 15:10:00| Telecompaper Headlines
(Telecompaper) Ericsson announced a new USD 3.5 billion contract to support T-Mobile's nationwide 5G network deployment in the US. Under the deal, Ericsson will provide T-Mobile with the latest 5G New Radio hardware and software, compliant with 3GPP standards.
Tags: network
contract
usd
ericsson
Nigerian attorney general says MTN owes USD 2 bln in back taxes
2018-09-05 09:47:00| Telecompaper Headlines
(Telecompaper) MTN Group said the office of Nigeria's Attorney General (AG) calculates that MTN owes USD 2 billion in back tax related to the import of foreign equipment and payments to suppliers over the past ten years. MTN said that it had been in talks with the AG about an investigation into tax compliance, in a statement outlining the background to the case of money sent out of the country.
Tags: back
general
usd
attorney
ZTE posts H1 loss of CNY 7.8 bln as revenues fall 27%, sees return to profit in Q3
2018-08-30 14:42:00| Telecompaper Headlines
(Telecompaper) ZTE reported a net loss of CNY 7.8 billion for the first half of 2018, in line with its earlier warning over the impact of the US ban on imports from the company. The Chinese company said it expects to return to a small profit in the third quarter, of up to CNY 1.0 billion versus CNY 1.6 billion a year ago.
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