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Tag: raises
Mexico raises MXN 44 bln in 2.5 GHz auction; Telefonica, AT&T winners
2018-08-07 13:51:00| Telecompaper Headlines
(Telecompaper) Mexico's telecommunications regulator IFT said it awarded 120 MHz of spectrum in the 2.5 GHz band for use in LTE and 5G services to AT&T and Movistar (Telefonica), the only two participants in the auction. The 20-year licences, sold in six blocks, are expected to generate a total of MXN 44.4 billion for the Mexican state over their lifetime, IFT said in as statement.
Tags: mexico
att
auction
winners
Deezer raises EUR 160 million to fund expansion
2018-08-06 13:35:00| Telecompaper Headlines
(Telecompaper) Global music streaming platform Deezer has raised EUR 160 million in fresh funds from investors, including the Saudi-based Kingdom Holding Company, Access Industries, French operator Orange and LBO France. The cash injection takes Deezer's valuation past the EUR 1 billion mark.
Tags: eur
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CBS raises OTT subscriber targets, sees 16 mln subs by 2022
2018-08-06 08:39:00| Telecompaper Headlines
(Telecompaper) US broadcaster CBS has raised its subscriber target for its over-the-top streaming services. The company said the services CBS All Access and Showtime OTT are "greatly exceeding our expectations" and should reach 8 million subscribers in 2019, a year earlier than planned. By 2022, the company targets 16 million subscribers for the services in the US.
Tags: targets
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raises
Open Fibre raises 3.5 billion for Italian FTTH network
2018-08-06 02:00:00| Total Telecom industry news
Open Fiber has raised €3.5 billion to help finance its plans to build a new fibre to the home (FTTH) network in Italy. The finance was raised from a pool of commercial banks, as well as the European Investment Bank, and will be repayable over a term of seven years…read more on TotalTele.com »
Tags: open
network
italian
billion
Open Fiber raises 3.5 billion for Italian FTTH network
2018-08-06 02:00:00| Total Telecom industry news
Open Fiber has raised €3.5 billion to help finance its plans to build a new fibre to the home (FTTH) network in Italy. The finance was raised from a pool of commercial banks, as well as the European Investment Bank, and will be repayable over a term of seven years…read more on TotalTele.com »
Tags: open
network
italian
billion
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