Edition:
United States

Wireless Telecommunications Services

Page 3

Hangzhou Huaxing Chuangye Communication to acquire stake in tech firm

Friday, 19 May 2017 05:17am EDT

May 19 (Reuters) - Hangzhou Huaxing Chuangye Communication Technology Co Ltd <300025.SZ>:Says it plans to acquire the rest of 49 percent stake in tech company for 539 million yuan ($78.23 million).Says it plans to raise up to 253.8 million yuan in share private placement to help fund acquisition.

Free2Move Holding Q1 operating loss SEK 2.5 million

Friday, 19 May 2017 04:52am EDT

May 19 (Reuters) - FREE2MOVE HOLDING AB :Q1 OPERATING LOSS SEK 2.5 MILLION VERSUS SEK 2.2 MILLION YEAR AGO.Q1 NET REVENUE SEK 1.1 MILLION VERSUS SEK 0.6 MILLION YEAR AGO.Q1 NET LOSS SEK 2.0 MILLION VERSUS LOSS SEK 2.1 MILLION YEAR AGO.

Abertis to buy 33.69 pct of Hispasat from Eutelsat for 302 mln euros

Friday, 19 May 2017 02:51am EDT

May 19 (Reuters) - ABERTIS INFRAESTRUCTURAS SA ::SAYS REACHED AGREEMENT WITH EUTELSAT TO ACQUIRE ITS 33.69 PCT STAKE IN HISPASAT FOR 302 MILLION EUROS.SAYS AS RESULT OF TRANSACTION WILL CONTROL 90.74 PCT OF HISPASAT.

Eutelsat reaches agreement with Abertis on sale stake in Hispasat

Friday, 19 May 2017 02:32am EDT

May 19 (Reuters) - EUTELSAT :AGREEMENT REACHED WITH ABERTIS ON SALE OF EUTELSAT STAKE IN HISPASAT.EUTELSAT COMMUNICATIONS (PARIS:ETL) (EURONEXT PARIS:ETL) AND ABERTIS GROUP HAVE REACHED AN AGREEMENT ON SALE OF EUTELSAT'S 33.69% STAKE IN HISPASAT TO ABERTIS.AGREED PRICE FOR EUTELSAT'S STAKE IS EUR 302 MILLION, REPRESENTING AN EBITDA MULTIPLE OF 7.1X BASED ON HISPASAT'S 2016 RESULTS.FOLLOWS INITIATION OF PROCESS IN JULY 2016 WHEN EUTELSAT EXERCISED PUT OPTION GRANTED IN 2008 BY ABERTIS, HISPASAT'S MAJORITY SHAREHOLDER..CLOSING EXPECTED IN SECOND HALF OF CALENDAR YEAR 2017.

Tanla Solutions posts March-qtr profit

Thursday, 18 May 2017 07:41am EDT

May 18 (Reuters) - Tanla Solutions Ltd :Says has recommended a dividend of inr 0.25 per equity share.March quarter net profit 153.1 million rupees versus loss 40.1 million rupees year ago.March quarter total income from operations 1.78 billion rupees versus 1.14 billion rupees year ago.Recommended final dividend of 0.25 rupees per share.

Sonaecom Q1 net result swings to profit of 4.5 mln euros

Thursday, 18 May 2017 03:58am EDT

May 18 (Reuters) - SONAECOM SGPS SA ::SAID ON WEDNESDAY Q1 TURNOVER 36.1 MILLION EUROS VERSUS 29.8 MILLION EUROS YEAR AGO.Q1 NET PROFIT 4.5 MILLION EUROS VERSUS LOSS 12.4 MILLION EUROS YEAR AGO.Q1 EBITDA 6.8 MILLION EUROS VERSUS 4.5 MILLION EUROS YEAR AGO.

Sky Network Television says Co and Vodafone filed amended notice of appeal in high court

Wednesday, 17 May 2017 04:41pm EDT

May 18 (Reuters) - Sky Network Television Ltd ::Co and Vodafone have filed an amended notice of appeal in high court.Amended notice against NZ commerce commission's decision not to clear companies' merger of their operating businesses in NZ.

Osmozis H1 revenue up by 8.4 percent at 1.9 million euros

Wednesday, 17 May 2017 01:19pm EDT

May 17 (Reuters) - OSMOZIS SAS ::H1 REVENUE EUR 1.9 MILLION, UP BY 8.4 PERCENT.H1 NET LOSS GROUP SHARE EUR 1.1 MILLION VERSUS LOSS OF EUR 0.7 MILLION YEAR AGO.H1 OPERATING LOSS EUR 1.7 MILLION VERSUS LOSS OF EUR 1.0 MILLION YEAR AGO.FORECASTS CONTINUATION OF DYNAMICS OF GROWTH IN H2.

MTN says MTN Rwanda gets fine notification Rwanda authority

Wednesday, 17 May 2017 06:20am EDT

May 17 (Reuters) - MTN Group Ltd ::MTN acknowledges receipt of fine notification from Rwanda utilities regulatory authority.MTN Rwanda has received official notification of a fine equivalent to us$ 8,5 million from rwanda utilities regulatory authority (RURA).Fine relates to non-compliance with directives issued by regulator prohibiting inclusion of mtn rwanda in MTN South and East Africa (sea) it hub based in Uganda.MTN rwanda is currently studying official notification and will continue to engage with regulator on this matter.MTN has been engaging with regulator on this matter over past four months..

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary