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Tag: gbp
UK Chancellor commits GBP 200 million to rural fibre broadband
2018-10-30 11:13:00| Telecompaper Headlines
(Telecompaper) UK Chancellor Philip Hammond has used the Budget to confirm additional funding of over GBP 200 million to help full fibre broadband networks reach rural areas. In response, the National Farmers' Union (NFU) welcomed the news but stressed that it should not be a one-off investment and must be part of continued efforts to provide rural businesses with improved connectivity.
Tags: million
rural
gbp
broadband
ICO confirms GBP 500,000 Facebook fine for data privacy violations
2018-10-25 20:15:00| Telecompaper Headlines
(Telecompaper) The UK Information Commissioner's Office (ICO) has confirmed that Facebook is being fined GBP 500,000 for serious violations of data protection law. The ICO announced its intention to fine the company in July as part of a wider investigation into the use of data analytics for political purposes.
CityFibre to invest GBP 2.5 billion to expand UK FTTH network
2018-10-24 09:40:00| Telecompaper Headlines
(Telecompaper) UK full-fibre infrastructure provider CityFibre has announced a GBP 2.5 billion investment programme to expand its UK full-fibre network as part of its strategy to connect five million homes to full fibre.
Tags: uk
network
expand
billion
Truphone raises further GBP 18 mln, valued at GBP 386 mln
2018-10-15 15:10:00| Telecompaper Headlines
(Telecompaper) UK-based eSIM and IoT technology provider Truphone announced that it has raised a further GBP 18 million in unconditional funding through a successful rights issue valuing the company at GBP 386 million. In a statement it added that a further GBP 36 million has been secured based on the same valuation on a conditional basis. The company said it will use the new funds to deliver its technology to customers at a faster rate, after signing a number of high-value deals.
21st Century Fox agrees to sell Sky stake to Comcast for GBP 11.6 billion
2018-09-26 16:43:00| Telecompaper Headlines
(Telecompaper) 21st Century Fox has agreed to sell its 39 percent stake in European pay-TV provider to Comcast, after losing out in the auction to buy Sky to the US cable operator. At Comcast's offer of GBP 17.28 per Sky share, 21CF's stake is worth GBP 11.6 billion (over USD 15 billion).
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