Financials
Financials
Altice offers €3.9bn for Vivendi’s Numericable-SFR stake
Vivendi board to decide on French conglomerate's proposal on 27 February. Altice late on Tuesday made a €3.9 billion offer for Vivendi's 20% holding in Numericable-SFR. The French media conglomerate acquired the...
Financials
Location platform revenues will grow to € 470 million worldwide in 2020
According to a new research report from the analyst firm Berg Insight, the global market for mobile location platforms will show steady growth in the next few years. Total location platform revenues are expected to grow at a CAGR...
Financials
Vodafone Reports Improved Organic Service Revenue on European Demand
Vodafone nudged its forecasts for core earnings higher on Tuesday after reporting a sharp improvement in its main quarterly revenue measurement helped by growing demand for mobile services in its big European markets. The British group...
Financials
Softbank Quarterly Profit Up Despite Sprint Woes
Softbank's quarterly profit nearly tripled as gains from the IPO of Chinese e-commerce company Alibaba offset losses at U.S. mobile carrier Sprint. The Japanese telecommunications and Internet-services company reported Tuesday a fiscal second quarter profit of...
Financials
Sprint’s CEO Faces Mounting Challenges to Turn Company Around
When Marcelo Claure took the top job at Sprint Corp two months ago, he faced an uphill climb in turning around the No. 3 U.S. cellular provider. On Monday, it became clear quite how steep that road to recovery...
Financials
AT&T to Buy Iusacell for $1.8 Billion in Mexico Expansion Plan
AT&T is buying Mexican wireless company Iusacell for $1.8 billion (roughly Rs. 11,000 crores) and plans to grow in Mexico. The Dallas company said Friday that Iusacell has 8.6 million subscribers under the Iusacell and Unefon...
Financials
Sony: Project Morpheus virtual reality headset is a significant investment
Head of Sony Andrew House sees a bright future for the device which delivers a 'magical sense of presence' to users The virtual reality technology Project Morpheus is "the new frontier of game development" and represents a significant investment...
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