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August 1, 2021

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Sports streaming service DAZN weighs IPO to drive fresh growth

Reuters
By Elvira Pollina, Douglas Busvine MILAN (Reuters) – DAZN, the online sports broadcaster which this year snatched the rights to screen Italy’s top-flight soccer league from Sky, is considering the possibility of going public as it chases further growth, its joint chief executive said. FILE PHOTO: Internet streaming service DAZN’s......

Breakingviews – Capital Calls – KPN’s buyout window gets narrower

Reuters
The KPN logo is seen at its headquarters in Rotterdam, Netherlands, January 30, 2019. LONDON (Reuters Breakingviews) – DUTCH COURAGE. Buyout barons eyeing up KPN are having to contemplate an increasingly narrow door. The Dutch telecom firm’s shares have risen nearly a third since October, when Bloomberg first reported that......

Mastercard to invest $100 million in Airtel Africa’s mobile money unit

Reuters
FILE PHOTO: Mastercard Inc. credit cards are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier/Illustration (Reuters) – Mastercard Inc will invest $100 million in Airtel Africa’s mobile money operations valuing the business at $2.65 billion, the London-listed company said on Thursday. Mastercard will hold a minority stake......

Lumentum raises Coherent buyout offer to $7 billion

Reuters
Optical fiber cable is pictured on a reel in a storage area in Perugia, Italy, June 26, 2017. Picture taken June 23, 2017. REUTERS/Alessandro Bianchi (Reuters) – Optical fiber firm Lumentum Holdings Inc said on Tuesday it has raised its buyout offer for Coherent Inc to about $7 billion, the......

Lumentum makes new $6.9 billion offer to buy Coherent

Reuters
By Reuters Staff 1 Min Read (Reuters) – Laser maker Coherent Inc said on Wednesday it received a new acquisition offer from optical fiber firm Lumentum Holdings Inc, in a deal valued at $6.9 billion. Reporting by Eva Mathews in Bengaluru; Editing by Ramakrishnan M. Our Standards: The Thomson Reuters......

BT denies any CEO rift behind chairman’s retirement – Reuters UK

Reuters
BT denies any CEO rift behind chairman’s retirement Reuters UK Source – For more click here To Return to the Main Aggregate News Page – click here Break’n Pics – Click here for Free Stock Photos...

Indian mobile carriers buy airwaves for $10.6 billion in auction

Reuters
NEW DELHI (Reuters) – India top three wireless carriers bought airwaves worth 778.15 billion rupees ($10.61 billion) at the close of a two-day spectrum auction, a senior government official said on Tuesday. Reliance Jio, the top carrier by users, bought airwaves worth 571.23 billion rupees, Bharti Airtel spent 186.99 billion......

Canada’s Telus International aims for nearly $7 billion valuation in IPO

Reuters
FILE PHOTO: Telus Corp Chief Executive Officer Darren Entwistle speaks at their annual shareholders meeting in Toronto, May 5, 2011. REUTERS/Mark Blinch (Reuters) – Telus International (Cda) Inc, a subsidiary of wireless carrier Telus Corp., aims to raise as much as $833 million in its initial public offering (IPO), which......

Verizon will suspend donations to lawmakers who opposed Biden certification

Reuters
WASHINGTON (Reuters) – U.S. wireless carrier Verizon Communications will suspend donations by its political action committee to lawmakers who did not back the certification of President-elect Joe Biden’s victory last week, a spokesman told Reuters. AT&T Inc announced a similar move earlier on Monday. Reporting by David Shepardson; Editing by......

Breakingviews – Grab CEO will step into 2021’s tech limelight

Reuters
HONG KONG (Reuters Breakingviews) – Anthony Tan will cement his star status in the year ahead. The chief executive and co-founder of Grab has deftly steered the $15 billion Southeast Asian all-in-one app through economic turmoil. Even as lockdowns pummelled the company’s main ride-hailing business, the pain has been largely......

Breakingviews – Grab CEO will step into 2021’s tech limelight

Reuters
Grab’s CEO Anthony Tan speaks during Grab’s fifth anniversary news conference in Singapore June 6, 2017. REUTERS/Edgar Su HONG KONG (Reuters Breakingviews) – Anthony Tan will cement his star status in the year ahead. The chief executive and co-founder of Grab has deftly steered the $15 billion Southeast Asian all-in-one......

Sweden to resume 5G auctions despite Huawei legal challenge

Reuters
By Helena Soderpalm, Supantha Mukherjee STOCKHOLM (Reuters) – Swedish telecoms regulator PTS will resume 5G spectrum auctions on Jan. 19, it said on Friday, after winning court approval to proceed even though China’s Huawei is taking legal action over its exclusion from 5G networks. FILE PHOTO: A smartphone with the......

Equinor appoints BT executive as its new CFO

Reuters
FILE PHOTO: Equinor’s logo is seen at the company’s headquarters in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins/File Photo OSLO (Reuters) – Norway’s Equinor said on Wednesday it has appointed Ulrica Fearn as its chief financial officer (CFO), the latest hire by Chief Executive Anders Opedal who took the helm......

Analysis: Wistron violence could sour Apple’s ‘Make In India’ plans

Reuters
NEW DELHI (Reuters) – Violence at a Wistron Corp factory in southern India is likely to stall the company’s and its client Apple Inc’s drive to expand local manufacturing, while forcing the government to redouble efforts to encourage foreign investors. FILE PHOTO: Men wearing protective face masks walk past broken......

Vodafone towers spinoff Vantage eyes growth, open to bigger deals – CEO

Reuters
By Douglas Busvine, Nadine Schimroszik BERLIN (Reuters) – The telecoms infrastructure business spun out by Britain’s Vodafone is ready to join the dealmaking fray in Europe but even with its existing asset base sees a decade of promising growth ahead, its CEO told Reuters. Vantage Towers, which owns 68,000 masts......

Portugal’s main telcos sign up for 5G auction amid legal dispute

Reuters
LISBON (Reuters) – Portugal´s three biggest telecoms companies said they had submitted applications to take part in the country’s 5G licence auction amid a legal dispute with the Portuguese telecoms regulator over the rules. FILE PHOTO: A branded sign is displayed on a Vodafone store in London, Britain May 16,......

Breakingviews – Italian sovereign fund is a force to reckon with

Reuters
MILAN (Reuters Breakingviews) – When Cassa Depositi e Prestiti (CDP) was founded 170 years ago this week, Italy did not yet exist as a nation. The institution’s main task was to finance basic infrastructure like roads and waterworks for the King of Sardinia-Piedmont, Victor Emmanuel II, who later became Italy’s......

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