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Telecom Italia values fixed network at 6x EBITDA - report
Thursday 23 May 2013 | 11:44 CET | News
Telecom Italia is said to have valued its fixed-line network at around six times annual EBITDA from the operations, as part of preparations to spin off the network infrastructure into a new company. According to company documents seen by Bloomberg, the network is valued at about EUR 14 billion. Sales at the new company, called Opac SpA, are forecast to slip 0.3 percent this year to EUR 4.6 ...

Telecom Italia values fixed network at 6x EBITDA - report

Thursday 23 May 2013 | 11:44 CET | News Telecom Italia is said to have valued its fixed-line network at around six times annual EBITDA from the operations, as part of preparations to spin off the network infrastructure into a new company. According to company documents seen by Bloomberg, the network is valued at about EUR 14 billion. Sales at the new company, called Opac SpA, are forecast to slip 0.3 percent this year to EUR 4.6 ...

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Softbank offers US govt director veto at Sprint - report
23 May 2013 10:17 CET | United States
Softbank has agreed to give the US government the right to approve one of the board directors at Sprint, in an attempt to ease ...

Lenovo grows Q4 profit 90% to USD 127 million
23 May 2013 09:40 CET | World
Chinese PC and mobile device maker Lenovo reported sales up 4 percent to USD 7.8 billion in its fiscal fourth quarter to 31 ...

SFR appoints Charlier as CEO
23 May 2013 08:41 CET | France
French operator SFR's board of directors has appointed Jean-Yves Charlier as CEO following a proposal from parent company ...

Brazil passes 100 million broadband users in May
23 May 2013 07:38 CET | Brazil
Brazil surpassed 100 million broadband connections in early May, said the president of the Brazilian Association of ...

Samsung Galaxy S4 sales exceed 10 mln
23 May 2013 04:01 CET | World
Samsung Electronics has seen sales of its Galaxy S4 smartphone exceed 10 million units globally. The milestone happened 20 days ...
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