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Intel sells home gateway business to Maxlinear for USD 150 mln cash
2020-04-06 16:17:00| Telecompaper Headlines
(Telecompaper) MaxLinear has agreed to buy Intel's connected home unit for USD 150 million in cash. The Home Gateway Platform division includes chips for Wi-Fi access points and Ethernet and home gateway products. MaxLinear said the acquisition will complement its existing portfolio, bringing together a complete and scalable platform of connectivity and access service products for existing customers, and creating potential new revenue opportunities in adjacent target end-markets.
Covid-19 travel restrictions to cost operators USD 25 bln in roaming revenues
2020-03-27 09:31:00| Telecompaper Headlines
(Telecompaper) The impact of coronavirus on the international travel industry could result in network operators losing over USD 25 billion in revenues over the next 9 months, according to a report from Juniper Research. Under the more likely high impact scenario, over 650 million passenger trips will be cancelled due to the pandemic before the end of the year, affecting over half of all roaming revenue for the period.
Tags: travel
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usd
restrictions
T-Mobile US launches USD 15 per month prepaid plan with 5G
2020-03-23 14:57:00| Telecompaper Headlines
(Telecompaper) T-Mobile US said it will launch soon a lower-priced plan for these "challenging times" when people have to stay more at home but still want to remain connected. The T-Mobile Connect plan, part of the T-Mobile 5G for Good Initiative, will launch on 25 March and cost USD 15 per month, half the price of the company's lowest smartphone plan. The plan was announced in November and was set to launch after closing of the company's merger with Sprint. With the coronavirus outbreak, it will now start sooner, the company said.
Fox to acquire streaming service Tubi for USD 440 million
2020-03-18 08:33:00| Telecompaper Headlines
(Telecompaper) Fox has agreed to acquire the ad-supported TV streaming service Tubi for USD 440 million cash. The company said the takeover will help strengthen its direct-to-consumer digital reach and engagement, especially among young people.
Verizon launches Yahoo Mobile offer at USD 40
2020-03-12 08:55:00| Telecompaper Headlines
(Telecompaper) Verizon has launched a new mobile offer under the Yahoo brand name, part of its Verizon Media division. Yahoo Mobile offers unlimited calls, SMS and data plus a Yahoo Mail Pro account without ads for USD 39.99 per month. The prepaid plan is available with or without a phone and is managed through the customer's Yahoo account. No annual contract is required.
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