Key Developments: 21Vianet Group Inc (VNET.O)

VNET.O on Nasdaq

18.05USD
28 Aug 2015
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Latest Key Developments (Source: Significant Developments)

21Vianet Group Inc gives Q3 2014 guidance above analysts' estimates; raises FY 2014 guidance
Wednesday, 27 Aug 2014 04:01pm EDT 

21Vianet Group Inc:Expects Q3 2014 net revenues to be in the range of 777 million yuan to 813 million yuan.Expects Q3 2014 adjusted EBITDA to be in the range of 153 million yuan to 170 million yuan.Expects FY 2014 net revenues to be in the range of 2.94 billion yuan to 3.02 billion yuan.Expects FY 2014 adjusted EBITDA to be in the range of 600 million yuan to 630 million yuan.Q3 2014 revenue of 722 million yuan and EBITDA of 152 million yuan - Thomson Reuters I/B/E/S.FY 2014 revenue of 2.83 billion yuan and EBITDA of 586 million yuan - Thomson Reuters I/B/E/S.  Full Article

21Vianet Group Inc to acquire Dermot Entities from DYXnet Group
Monday, 11 Aug 2014 08:00am EDT 

21Vianet Group Inc:Announces that Company and its affiliate have entered into definitive agreements to acquire from DYXnet Group entire equity interest in Dermot Holdings Limited and its subsidiaries (collectively, the Dermot Entities).Says which operate Virtual Private Networks (VPN) business unit within DYXnet Group and include without limitation to Diyixian.com Limited and Shenzhen Diyixian Telecom Company Limited.  Full Article

21Vianet Group Inc and GigaTrust Sign exclusive partnership agreement for China
Wednesday, 16 Jul 2014 08:00am EDT 

21Vianet Group Inc and GigaTrust:Signs exclusive partnership agreement for China market.21Vianet will market and sell portfolio of GigaTrust security products to enterprises and Office 365 cloud subscribers in China.Says this partnership will provide Office 365 enterprise customers in China the ability to protect and render secure emails and documents from anywhere using Android and iPhone mobile devices.  Full Article

21Vianet Group Inc announces pricing of 2 bln bonds
Wednesday, 18 Jun 2014 08:00am EDT 

21Vianet Group Inc:Priced offering of 2 bln Ringgit in aggregate principal amount of Ringgit denominated bonds due 2017 at an interest rate of 6.875 pct per annum.Bonds are being offered outside US in reliance on Regulation S under Securities Act of 1933, as amended.Interest on bonds is payable semi-annually in arrears on, or nearest to, June 26 and Dec. 26 in each year, commencing on Dec. 26, 2014.Bonds are not rated.Intends to use proceeds to add new data centers, to fund acquisitions, to purchase, pursuant to a tender offer, Ringgit denominated bonds due in March 2016 with 1 bln Ringgit in aggregate principal amount and coupon rate of 7.875 pct per annum.Says 2016 bonds issued by company in March 2013, to pay consent fee pursuant to invitation to all holders of 2016 Bonds to approve certain modifications to terms and conditions of the 2016 Bonds and for general corporate purposes.Barclays Bank PLC is acting as sole global coordinator, bookrunner and lead manager for transaction.Expects to close offering of bonds on or about June 26.  Full Article

21Vianet Group Inc to Invest in Aipu Network Co., Ltd
Wednesday, 4 Jun 2014 08:34am EDT 

21Vianet Group Inc:Enters into definitive agreements to invest in Sichuan Aipu Network Co., Ltd. and its affiliates.21Vianet will own, both directly and indirectly, an about 50 pct ownership interest in Aipu Group and become its single shareholder.Amount of 21Vianet's cash investment is not disclosed.Other shareholders of Aipu Group will have option to sell their remaining interests in Aipu Group to 21Vianet based on certain performance-based metrics over next three years.  Full Article

21Vianet Group Inc gives Q2 2014 guidance; reaffirms FY 2014 guidance
Thursday, 22 May 2014 04:01pm EDT 

21Vianet Group Inc:Expects Q2 2014 net revenues to be in the range of 642 million yuan to 658 million yuan.Expects Q2 2014 Adjusted EBITDA to be in the range of 132 million yuan to 138 million yuan.Expects FY 2014 net revenues to be in the range of 2.71 billion yuan to 2.85 billion yuan.Expects FY 2014 Adjusted EBITDA to be in the range of 566 million yuan to 595 million yuan.  Full Article

21Vianet Group Inc signed strategic partnership agreement with Foxconn Technology Group
Thursday, 24 Apr 2014 08:00am EDT 

21Vianet Group Inc:Pursuant to agreement, Foxconn will utilize its strategic advantages in terms of resources and capabilities to build carrier-neutral internet data centers for 21Vianet.In addition, companies will jointly cooperate to develop innovative cloud services targeting Chinese market.  Full Article

21Vianet Group Inc announces general availability of Microsoft Corp's Office 365 Services throughout China
Tuesday, 15 Apr 2014 08:00am EDT 

21Vianet Group Inc:Says Microsoft Corp's Office 365 services are now generally available to all paying customers in China.Operated by 21Vianet, Microsoft Office 365 can now provide fully-operational services to all paying customers in China.  Full Article

21Vianet Group Inc gives Q1 2014 guidance in line with analysts' estimates; gives FY 2014 guidance; EBITDA guidance above analysts' estimates
Thursday, 6 Mar 2014 04:01pm EST 

21Vianet Group Inc:Expects Q1 2014 net revenues to be in the range of 575 million yuan ($95 million) to 590 million yuan ($98 million).Expects Q1 2014 adjusted EBITDA to be in the range of 111 million yuan ($18 million) to 115 million yuan ($19 million).Expects FY 2014 net revenues to be in the range of 2.71 billion yuan ($448 million) to 2.85 billion yuan ($471 million).Expects FY 2014 adjusted EBITDA to be in the range of 566 million yuan ($93 million) to 595 million yuan ($98 million).Q1 2014 revenue of $96 million and EBITDA of $18 million - Thomson Reuters I/B/E/S.FY 2014 revenue of $448 million and EBITDA of $92 million - Thomson Reuters I/B/E/S.  Full Article

21Vianet Group Inc Issues Q4 2013 Guidance
Monday, 25 Nov 2013 04:00pm EST 

21Vianet Group Inc:Sees fourth quarter 2013 net revenues to be in the range of RMB540 million ($88 million) to RMB550 million ($90 million).Sees Adjusted EBITDA to be in the range of RMB100 million ($16 million) to RMB105 million ($17 million).Fourth quarter revenues of $93.9 million and EBITDA of $18.23 million Thomson Reuters I/B/E/S Estimates.  Full Article

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Qualcomm names old-hand as new China chairman; former head joins Xiaomi

BEIJING - U.S. chipmaker Qualcomm Inc said it has appointed old-hand Frank Meng as its chairman for China, a market which accounts for half of the company's overall revenues but where it has hit rough patches in recent times.

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