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Cellnex to buy SFR towers in France, to raise up to EUR 7 bln in new rights issue

2021-02-03 17:16:00| Telecompaper Headlines

(Telecompaper) Infrastructure operator Cellnex Telecom has entered into an exclusivity agreement to acquire 100 percent of tower venture Hivory with owners Altice...

Tags: rights new buy france

 

Samsung in talks to set up USD 10 bln chip-making facility in Texas - report

2021-01-22 15:40:00| Telecompaper Headlines

(Telecompaper) Samsung is thinking of building a chipmaking plant in the US, in a bid to win more US clients and help it catch up with Taiwan Semiconductor...

Tags: set report texas usd

 
 

Kenyan banks lose KES 1.2 bln card payment revenues to mobile money since March 2020

2021-01-21 09:31:00| Telecompaper Headlines

(Telecompaper) Top banks in Kenya have warned of an expected significant drop in net earnings for the year 2020, citing deteriorating economic conditions and the...

Tags: march money mobile card

 

Telefonica sells infrastructure unit Telxius to American Tower for EUR 7.7 bln

2021-01-13 09:06:00| Telecompaper Headlines

(Telecompaper) Telefonica has reached an agreement to sell its towers division Telxius to US infrastructure giant American Towers Corporation for EUR 7.7 billion in cash...

Tags: american eur unit tower

 

FCC allocates USD 9.2 bln for rural broadband, including USD 886 million to SpaceX

2020-12-08 09:34:00| Telecompaper Headlines

(Telecompaper) The FCC has awarded USD 9.2 billion to companies who took part in an auction to bring broadband internet to rural areas in the US. A total of 180 bidders won auction support, to be distributed over the coming ten years. The goal is bring broadband with speeds of at least 100/20 Mbps to the areas.

Tags: to including million usd

 

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