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Tag: usd
FCC awards USD 1.5 bln in rural broadband subsidies
2018-08-29 09:08:00| Telecompaper Headlines
(Telecompaper) The FCC has awarded nearly USD 1.5 billion in grants to help bring faster broadband to over 700,000 rural homes and small businesses in the US. This follows the results of the Connect America Fund Phase II auction. More than half of those 713,176 locations will receive download speeds of at least 100 Mbps, the agency said.
Tags: awards
usd
rural
broadband
Saudi authority cancels BeIN Sports network licence after piracy row, fines it USD 2.6 mln for competition breach
2018-08-23 10:33:00| Telecompaper Headlines
(Telecompaper) Saudi Arabia's General Authority for Competition has fined the BeIN Media Group USD 2.6 million and cancelled the Qatar-based network's licence to broadcast in the country, reports Times of Saudia. The action follows a dispute over piracy of BeIN's satellite signal. In the first weekend of the Premier League season, all ten matches were reportedly pirated by BeoutQ, which is said to have its roots in Saudi Arabia.
Tags: sports
network
usd
authority
Softbank to raise USD 30 bln in IPO of Japan mobile business - report
2018-08-07 09:00:00| Telecompaper Headlines
(Telecompaper) Softbank may target a valuation of USD 90 billion for its Japanese mobile business when it lists the company on the stock market, people familiar with the matter told Bloomberg. Softbank is considering selling a third of the company, raising around USD 30 billion for its investments, the report said.
Tags: business
report
mobile
japan
Arista Networks to pay USD 400 mln to settle Cisco suits
2018-08-07 08:40:00| Telecompaper Headlines
(Telecompaper) Cisco and Arista Networks have agreed to settle their legal dispute over IP protection. Arista will pay USD 400 million to Cisco to settle the existing disputes, and the companies agreed that, with limited exceptions, no new litigation will be brought over patents or copyrights related to existing products, for five years. In addition, for three years, they will use an arbitration process to address any patent issues regarding new products.
Cisco to acquire Duo Security for USD 2.35 billion
2018-08-02 15:10:00| Telecompaper Headlines
(Telecompaper) Cisco is continuing its expansion in the security market with the acquisition of Duo Security for USD 2.35 billion. Based in Michigan, Duo Security provides unified access security and multi-factor authentication delivered through the cloud. Its software verifies the identity of users and the health of their devices before granting them access to applications, helping prevent cybersecurity breaches.
Tags: security
usd
billion
duo
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