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Verizon secures price cut in Yahoo! takeover

Published Tuesday 21 Feb 2017 | 16:22 CET
Verizon has secured a reduction of USD 350 million in the price it will pay for Yahoo's web business, while agreeing to share liability of any future damages from the data breach at Yahoo. The hack at Yahoo, affecting some 500 million customers' personal data, was disclosed barely two months after Verizon announced the deal to buy the company's web assets for USD 4.8 billion. Verizon said the ...

Verizon secures price cut in Yahoo! takeover

Published Tuesday 21 Feb 2017 | 16:22 CET Verizon has secured a reduction of USD 350 million in the price it will pay for Yahoo's web business, while agreeing to share liability of any future damages from the data breach at Yahoo. The hack at Yahoo, affecting some 500 million customers' personal data, was disclosed barely two months after Verizon announced the deal to buy the company's web assets for USD 4.8 billion. Verizon said the ...

Top Stories

EE uses balloons, drones to extend 4G coverage

Published 21 Feb 2017 14:04 CET | United Kingdom
EE said it has developed a technology that can supply call and internet connections in the most remote parts of the UK, or during ...

Wind Hellas to launch multiscreen TV service by year-end

Published 21 Feb 2017 12:35 CET | Greece
Greek operator Wind Hellas has announced plans to launch its own TV service by the end of this year. The company has contracted ...

Telefonica sells up to 40% of Telxius to KKR for EUR 1.3 bln

Published 21 Feb 2017 09:40 CET | Spain
Telefonica has confirmed the sale of up to 40 percent of its infrastructure subsidiary Telxius to private equity firm KKR for EUR ...

Vodafone's M-Pesa transactions reach record 614 mln in Dec

Published 21 Feb 2017 11:31 CET | Africa
Vodafone Group said a record 614 million M-Pesa transactions were processed during December 2016 as the global operator marked ...

T-Systems Hungary moves staff in Debrecen to single location

Published 21 Feb 2017 17:35 CET | Hungary
T-Systems Hungary relocated its staff in the city of Debrecen to a single location. Prior to this, the company's staff in the ...
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Traditional 3P connections drop to 58% of multiplay connections
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