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Canal+ raises stake in MultiChoice to 12%
2020-10-29 11:01:00| Telecompaper Headlines
(Telecompaper) MultiChoice has disclosed that French pay-television giant Groupe Canal+ has continued buying its shares and now holds12 percent of the ordinary shares in issue. MultiChoice disclosed on 05 October that Canal+, which is owned by French media conglomerate Vivendi, had acquired 6.5 percent of its equity.
TAL Apparel raises the bar on face masks
2020-10-28 13:33:00| Daily apparel & textile news and comment - from just-style.com
Having built its reputation as an 'Innofacturer' of added value clothing, it was a logical next step for Hong Kong-based garment giant TAL Apparel to apply this same approach to reinventing the face mask - as CEO Roger Lee explains.
Ligado raises USD 3.85 bln for L-band plans
2020-10-26 08:56:00| Telecompaper Headlines
(Telecompaper) Ligado Networks said it has raised USD 3.85 billion in new capital, which it will use to develop a low-power terrestrial network in the L-Band for 5G and IoT services, and for mission-critical industries. The money was raised from new and existing investors led by JP Morgan Chase & Co. "Today is a great day,"Ligado CEO Doug Smith said. "We've secured our license, we've raised the necessary capital, and we're in a great position to work with the industry to get this spectrum deployed for 5G to support critical industries across the US," the CEO added.
Telenor raises FY forecast for growth in underlying EBITDA thanks to cost cuts
2020-10-21 09:25:00| Telecompaper Headlines
(Telecompaper) Telenor said it now expects to report a small increase in underlying EBITDA this year, after a return to growth in the third quarter. Organic subscription and traffic revenue is still expected to show a low single-digit decline as some countries in Asia, such as Thailand and Malaysia, are affected by lower revenues due to the coronavirus pandemic.
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Chinas Sinopec Raises Shale Gas Reserve Size in Sichuan Basin
2020-10-15 14:58:15| OGI
China Petroleum and Chemical Corp. said on Oct. 15 that it has added newly proven shale gas geological reserves of 191.83 billion cubic meters (Bcm) at the Fuling gas field in the Sichuan Basin.
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