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Latest wireless spectrum auction raises $2.11B, Industry Canada says

2015-03-06 16:44:20| Wireless - Topix.net

Federal Industry Minister James Moore says five companies were successful bidders in the auction of AWS-3 wireless airwaves across the country. "The winning bidders now have more spectrum to deliver next-generation services and devices and to improve the services they offer Canadians," Moore said in a news conference Friday.

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Latest wireless spectrum auction raises $2.11B, Industry Canada says

2015-03-06 15:54:47| Telecom - Topix.net

Federal Industry Minister James Moore says five companies were successful bidders in the auction of AWS-3 wireless airwaves across the country. "The winning bidders now have more spectrum to deliver next-generation services and devices and to improve the services they offer Canadians," Moore said in a news conference Friday.

Tags: canada latest industry wireless

 
 

HKBN raises USD 750 mln in IPO

2015-03-06 02:31:00| Telecompaper Headlines

(Telecompaper) Hong Kong-based fibre network operator HKBN raised USD 750 million in an IPO, the Wall Street Journal reports. Private-equity firm CVC Capital Partners and other shareholders, including Singapore sovereign-wealth fund GIC, sold 645 million shares at HKD 9. CVC will hold about a 14.4 percent stake in the operator after listing, compared with 70.7 percent currently, while GIC will hold a 9.9 percent stake, down from 11.3 percent. HKBN is scheduled to list on the Hong Kong Stock Exchange on 12 March. The offering is the largest in Hong Kong this year and the second biggest in Asia Pacific, after the USD 1.7 billion listing by Jasmine Broadband Internet Growth Infrastructure Fund in Bangkok last month.

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Canada raises C$2.1bn from AWS-3 auction

2015-03-06 01:00:00| Total Telecom industry news

Wind celebrates after winning LTE spectrum while Rogers misses out; Mobilicity reportedly pulled out after funding fell through.

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Brazil raises rates to six-year high

2015-03-05 09:56:03| BBC News | Business | UK Edition

Brazil's central bank lifts interest rates to a six-year high of 12.75% in an attempt to restrain inflation.

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