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Tag: bln
Irish govt reaches deal for Apple to pay EUR 13 bln in taxes into escrow fund
2018-04-24 16:47:00| Telecompaper Headlines
(Telecompaper) The Irish government announced that it's signed an agreement with Apple that will see the company pay the EUR 13 billion in taxes claimed by the European Commission into an escrow account by the end of Q3. The money for alleged illegal state aid will remain in the account until the appeal by Apple and the Irish state is heard.
Open Fiber approves EUR 3.5 bln funding deal for broadband rollout
2018-04-16 08:41:00| Telecompaper Headlines
(Telecompaper) The Open Fiber wholesale-only venture of Italian utility giant Enel and state lender Cassa Depositi e Prestiti (CDP) announced the signing of a EUR 3.5 billion seven-year agreement with a number of banks to support its broadband rollout, confirming earlier reports. The company signed the project finance deal with BNP Paribas, Societe Generale and UniCredit, describing it as one of the largest agreements of its type at a European level in the telecommunications sector.
Avast plans IPO in London, proceeds reported to reach USD 1 bln
2018-04-13 09:47:00| Telecompaper Headlines
(Telecompaper) Consumer antivirus supplier Avast Software said it hopes to list its share on the London Stock Exchange in early May, Reuters reported. The company said it will apply for the listing, which it hopes will raise USD 200 million in primary proceeds through the free float of at least 25 percent of its share capital.
Tags: plans
london
reported
reach
App revenues soar 22% to over USD 18 bln in Q1
2018-04-10 09:57:00| Telecompaper Headlines
(Telecompaper) Worldwide app downloads and revenues posted record annual rises in the first quarter of 2018, according to the latest report from App Annie. Global iOS and Google Play combined downloads surged more than 10 percent year-on-year to 27.5 billion while combined consumer spend on the two platforms rose 22 percent year-on-year to USD 18.4 billion. The download figures don't include app updates or re-installs on new phones.
JDI to raise JPY 55 bln to invest in smartphone LCDs
2018-04-05 14:28:00| Telecompaper Headlines
(Telecompaper) Japan Display (JDI) announced plans to raise JPY 55 billion (EUR 419 milion) in a share and asset sale to help boost its investment in new types of smartphone screens. The investment will go to developing the market for its 'Full Active' LCDs, which the company said are expected to see increased demand in H2.
Tags: raise
invest
smartphone
lcds
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