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Tag: 18bn
Iliad bets big on Poland with $1.8bn UPC purchase
2021-09-23 02:00:00| Total Telecom industry news
Today, Iliad has announced that it will purchase Liberty Global’s Polish broadband unit UPC Polska, the number two fixed line player in the company. The agreement will see 100% of the company’s fixed assets handed to Iliad’s Polish mobile subsidiary Play, in a move that will see Play offer converged fixed and mobile services for the first time…read more on TotalTele.com »
FCC estimates cost of removing Chinese equipment at $1.8bn
2020-09-09 02:00:00| Total Telecom industry news
In recent months, aggressive campaigning by the Trump administration against Chinese telecoms companies, in particular Huawei, have begun to bear fruit on a major scale. The latest round of sanctions against Huawei has decimated the vendor’s semiconductor supply chain, severing their access to US chip technology. For some countries around the world, this was the straw that broke the camel&rsquo…read more on TotalTele.com »
Tags: cost
equipment
chinese
estimates
KKR offers TIM 1.8bn for minority stake in last mile grid
2020-08-03 02:00:00| Total Telecom industry news
The Italian government has long been hungry for TIM to consolidate its fibre business with that of state-owned Open Fiber, a move which would greatly increase efficiencies throughout the country. TIM, however, has been reluctant to do so and has repeatedly resisted government pressure…read more on TotalTele.com »
Lloyds profits nearly wiped out by 1.8bn PPI hit
2019-10-31 09:03:47| BBC News | Business | UK Edition
The bank reports quarterly profits of 50m following the latest bill from the PPI mis-selling scandal.
Lloyds facing up to 1.8bn in fresh PPI costs
2019-09-09 09:08:16| BBC News | Business | UK Edition
The bank becomes the latest UK lender to be hit with extra costs from a late rush of PPI claims.