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Telecompaper 10/11/2019 09:04
(Telecompaper) A Madrid commercial court has temporarily suspended Italian broadcaster Mediaset's plan to merge its domestic and Spanish business into a Netherlands-based holding company following a legal challenge by shareholder Vivendi. The French company objected to the extraordinary meeting of Mediaset Spain's shareholders held last month to approve the creation of Media for Europe (MFE) on grounds that the new governance structure is designed to favour the broadcaster's biggest shareholder, the Fininvest investment vehicle of the Berlusconi family.
Telecompaper 10/09/2019 10:46
(Telecompaper) AT&T has agreed to sell its operations in Puerto Rico and the US Virgin Islands to Liberty Latin America for USD 1.95 billion in cash, confirming earlier reports. In a statement, the US operator said it expects the deal to close within 6 to 9 months following review by the FCC and the Department of Justice. It added that the sale includes network assets, leases and real estate, 1.1 million mobile subscribers and contracts. A total of 1,300 current AT&T employees will move over to Liberty Latin America at the close of the deal.
Telecompaper 10/09/2019 06:07
(Telecompaper) Oracle is planning an "aggressive" push into the cloud, with plans to hire almost 2,000 new employees and to invest in more real estate to support that new workforce. The new employees will boost the company's Oracle Cloud Infrastructure operations. The new roles will include software development, cloud operations, and business operations and help Oracle roll out new product innovations and expand to new cloud regions.
Telecompaper 10/09/2019 04:00
(Telecompaper) Vodafone wants to eliminate 15 percent of its 7,700 European stores, Reuters reported, citing chief executive Nick Read. Store opening will continue however in the UK. But for Europe in general, Read noted that people are just buying more online and that those who do go to shops have different expectations. As a result, the company will upgrade some of its remaining shops. Data will be used to see what customers want in each location. About 40 percent should be transformed by the end of 2021.
Telecompaper 10/08/2019 13:35
(Telecompaper) Spanish operator Telefonica is negotiating an agreement with its two main rivals in the Brazilian market, America Movil and TIM, to jointly purchase the assets of Oi, sources close to the process told Spanish daily Expansion. The idea is to jointly buy the Brazilian operator and then distribute the assets. Telefonica may also try to reach an agreement only with TIM, since the advantages of the purchase for both are greater than in the case of America Movil, which recently acquired Nextel Brasil and its frequency spectrum.
Telecompaper 10/08/2019 08:11
(Telecompaper) Apple has announced that macOS Catalina, its new desktop operating system for Macintosh computers, is now available worldwide. First unveiled at the company's Worldwide Developers Conference earlier this year, the free upgrade includes features such as Sidecar to enable the use of an iPad as a secondary screen or drawing tablet, all-new Mac versions of Apple Music, Apple TV and Apple Podcasts that replace the discontinued iTunes software, full voice control capabilities and Mac Catalyst, a new technology that makes it easy for third-party developers to bring iPad apps to the Mac environment.
Telecompaper 10/08/2019 03:34
(Telecompaper) Amazon has announced a few new products, its new Fire HD 10 tablet, with an edition for kids, and a new Kindle made for children. The tablet features a 10.1 inch full HD screen, a faster processor, more battery Life and Alexa, and will retail for USD 149.99. The version for children will go for USD 199.99. The Kindle Kids Edition, has a battery that last weeks, access to thousands of e-books with Amazon FreeTime Unlimited and a two-year guarantee. It will cost USD 109.99.
Telecompaper 10/08/2019 03:13
(Telecompaper) Spanish masts operator Cellnex Telecom has announced a deal to acquire the telecommunications division of UK media and communications infrastructure and services group Arqiva for around GBP 2.0 billion, confirming earlier reports. The transaction involves the acquisition of some 7,400 owned sites and the rights to market around 900 additional sites throughout the UK, said Cellnex, adding that it will become the largest independent operator of wireless infrastructure in the UK if the deal secures customary antitrust authorisations.
Telecompaper 10/08/2019 02:59
(Telecompaper) Samsung Electronics has provided an earnings guidance for the third quarter, with revenues and profit seen lower year-on-year, but higher on a sequential basis. Samsung said it expects revenues at KRW 61-63 trillion, off from last year's 65.46 trillion but better than the 56.13 trillion reported in the second quarter. The consolidated profit meanwhile is expected at KRW 7.6-7.8 trillion, a steep drop from the record figure of 17.57 trillion achieved the year before. Compared to the previous quarter's KRW 5.18 trillion however, the number is an improvement.
Telecompaper 10/07/2019 03:10
(Telecompaper) Vumatel has launched a prepaid platform for its fibre-to-the-home (FTTH) services, MyBroadband reported. In 2014, Vumatel unsettled the telecoms sector, the portal said, when it pioneered FTTH in South Africa, and has since connected thousands of homes in Johannesburg, Cape Town and Durban to broadband internet.
Telecompaper 10/07/2019 01:01
(Telecompaper) MasMovil was the biggest winner in Europe's telecoms sector, last week, up 22 percent. Our European Telecoms Services index closed week 40 with a small loss of 0.8 percent, beating the EuroStoxx 50 index which was down 2.8 percent. The weakest stocks included micro caps Forthnet, down 11 percent, and Go Internet, losing 8.6% after reporting its H1 results.
Telecompaper 10/07/2019 01:00
(Telecompaper) The global mediasector overall didn't move very much over the course of week 40. Our Global Media index ended the week off just 0.1 percent, against a loss of 0.3 percent for the S&P 500 index. ComScore came off from its low with a 10 percent gain. Activision Blizzard also did well, ending the week up 5.9 percent. Zee Entertainment, following an analyst downgrade and worries over its balance sheet, was the worst performer, down 13 percent.
Telecompaper 10/06/2019 14:11
(Telecompaper) The founding members of the Libra Association, partners that support Facebook's own currency plans based on blockchain, all met on 3 October in Washington, with the exception of PayPal, the Financial Times reported. The members met to discuss how to handle regulator opposition to the currency and wallet project. Sources said PayPal gave a no show because it did not think Facebook had done enough to address the backlash against the project, and especially the money-laundering concerns.
Telecompaper 10/04/2019 10:02
(Telecompaper) After a silent launch on the night of 11 to 12 September, Disney+ has been active in the Netherlands for more than three weeks. Without above the line (ATL) and below the line (BTL) campaigns, and only some social media posts, the number of households with an account has already grown to 8 percent in the period from 20 September to 4 October. That is in line with earlier forecasts from Telecompaper. When the official launch takes place on 12 November, the Disney marketing machine will go on full steam, but users will also have to pay for the service. This will undoubtedly have an effect on the number of subscribers.

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