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HMD Global raises USD 100 mln to accelerate Nokia phone sales

Published Monday 21 May 2018 | 14:12 CET
HMD Global, the maker of Nokia brand phones, announced that it has raised USD 100 million from multiple investors to help scale business operations and fund the company's growth in its second year. This round of investment was led by Geneva-based Ginko Ventures, with participation from DMJ Asia Investment Opportunity and Wonderful Stars, a subsidiary of FIH Mobile....

HMD Global raises USD 100 mln to accelerate Nokia phone sales

Published Monday 21 May 2018 | 14:12 CET HMD Global, the maker of Nokia brand phones, announced that it has raised USD 100 million from multiple investors to help scale business operations and fund the company's growth in its second year. This round of investment was led by Geneva-based Ginko Ventures, with participation from DMJ Asia Investment Opportunity and Wonderful Stars, a subsidiary of FIH Mobile....

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Netia CEO and CTO resign, Cyfrowy Polsat rep Pytel becomes interim CEO

News | 21 May 2018 11:03 CET | Poland
Polish operator Netia has announced changes in its management. On 18 May, Katarzyna Iwuc resigned from her position as CEO and ...

Last week in telecoms: from Iliad down 22% to Altice up 10%

News | 21 May 2018 10:18 CET | Europe
Last week was a bad week for telecoms stocks, with nearly all constituents of our European basket ending the week (#20) in the ...

Nordic countries, Netherlands lead EU digital economy index in 2018

News | 21 May 2018 09:33 CET | Europe
The Nordic countries and the Netherlands continue to lead digital readiness in the EU, according to the latest Digital Economy ...

Canada sells leftover spectrum licences, Cogeco spends CAD 24 mln

News | 21 May 2018 09:02 CET | Canada
Canada has completed an auction of leftover spectrum licences in the 700 MHz, 2,500 MHz, 2,300 MHz and PCS-G bands. Cogeco ...

Apple pays first EUR 1.5 bln towards disputed state aid in Ireland

News | 21 May 2018 08:53 CET | Europe
Apple has made the first payment towards the EUR 13 billion in unfair state aid it was ordered to pay back to Ireland. The ...

Iliad's dramatic Q1 forces intervention and a refocus on innovation

Commentary | 15 May 2018 15:41 CET | France
Iliad reported disappointing first-quarter results, with fixed revenues down 1.6 percent. The company points to the weak spots, ...

Orange Slovakia starts LTE-M pilot

News | 21 May 2018 14:20 CET | Slovakia
Orange Slovakia has started a pilot operation of its LTE-M network and its connection to the complex platform Live Object, ...

P4 implements VoLTE for iPhone, by year-end for Android

News | 21 May 2018 14:12 CET | Poland
Polish mobile operator P4, trading under the brand Play, has introduced VoLTE. Initially, it is available for iPhones and the ...

Atende raises Q1 revenues by 34 percent

News | 21 May 2018 13:36 CET | Poland
In the first quarter of 2018, the Polish group Atende increased its revenues by 34 percent year-on-year to PLN 57.12 million. The ...

Zurich City Transport runs smart bus stops project

News | 21 May 2018 13:30 CET | Switzerland
Zurich City Transport (VBZ) is running a free WLAN pilot project at five selected bus stops in part of the city, reported NZZ. ...

What's waiting for KPN: consolidation and fibre

Background | 21 May 2018 13:22 CET | Netherlands
Maximo Ibarra has taken up his new position as CEO of KPN. Growth has disappeared at the Dutch operator, as it suffers from ...

DNA and Nordea offer seniors tablets ready loaded with banking apps

News | 21 May 2018 12:59 CET | Finland
Finnish operator DNA said it is working with the bank Nordea to encourage older people to try out internet banking. Digital ...

Elisa runs remote asthma monitoring service with BCB Medical

News | 21 May 2018 12:44 CET | Finland
Finnish operator Elisa said it is working with BCB Medical, a Nordic company that gathers and analyses clinical data. Elisa said ...

Zuckerberg agrees to live stream of meeting with MEPs

News | 21 May 2018 12:33 CET | Europe
Mark Zuckerberg, the CEO of Facebook, has agreed to allow his meeting with European Parliament representatives to be open to ...

Zong launches Ramadan ad campaign, promotes 4G service

News | 21 May 2018 12:07 CET | Pakistan
Pakistani mobile operator Zong has launched its TVC on Ramadan to celebrate the festivities with 4G connectivity. Through its new ...

Eniig Fiber reports DKK 671 mln FY revenue, gains 10,000 customers

News | 21 May 2018 12:03 CET | Denmark
Eniig said that its fibre division achieved revenue of DKK 671 million in 2017, making up 16 percent of the Eniig group's total ...

Vodafone Australia launches 4.9G service in Parramatta

News | 21 May 2018 11:56 CET | Australia
Vodafone Australia has launched its 4.9G service in Parramatta. The Massive Multiple Input Multiple Output (MIMO) service uses ...

TalkTalk unveils new advanced Wi-Fi Hub for customers

News | 21 May 2018 11:53 CET | United Kingdom
UK broadband provider TalkTalk is rolling out a new advanced Wi-Fi Hub for customers offering faster speed, enhanced ability to ...

Google acquires Bolands Quay development campus in Dublin

News | 21 May 2018 11:44 CET | Ireland
Google has agreed to acquire the entire Bolands Quay campus development in Dublin, which comprises 28,000 sq mt of office space, ...

Mexican internet users up 12% to 79 mln - study

News | 21 May 2018 11:36 CET | Mexico
Mexico ended 2017 with some 79.1 million internet users, up 12 percent year on year and equivalent to 67 percent of the ...
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3 Austria customer market share
Austria  |  2017 Q4