UK govt 'minded' to refer Paramount, WBD deal for further scrutiny
The UK government has written to Paramount and Warner Bros Discovery informing them that the Secretary of State for Culture, Lisa Nandy MP, is minded to refer the proposed takeover of Warner Bros Discovery by Paramount Skydance for further investigation by the Competition and Markets Authority (CMA) and Ofcom. In the letter, the Secretary of State says she has "reasonable grounds" to intervene on "public interest" grounds, specifically for the need to have "sufficient plurality of views in news media" and "
UK govt 'minded' to refer Paramount, WBD deal for further scrutiny
The UK government has written to Paramount and Warner Bros Discovery informing them that the Secretary of State for Culture, Lisa Nandy MP, is minded to refer the proposed takeover of Warner Bros Discovery by Paramount Skydance for further investigation by the Competition and Markets Authority (CMA) and Ofcom. In the letter, the Secretary of State says she has "reasonable grounds" to intervene on "public interest" grounds, specifically for the need to have "sufficient plurality of views in news media" and "
Bending Spoons prices IPO at USD 29 per share, raising USD 1.68 billion
Italian technology company Bending Spoons has announced pricing for its initial public offering at USD 29 per share, raising a total of USD 1.68 billion. The pricing was above the USD 26-28 range indicated in the company's filing for the offer with the US Securities and Exchange Commission (SEC).
Bending Spoons prices IPO at USD 29 per share, raising USD 1.68 billion
Italian technology company Bending Spoons has announced pricing for its initial public offering at USD 29 per share, raising a total of USD 1.68 billion. The pricing was above the USD 26-28 range indicated in the company's filing for the offer with the US Securities and Exchange Commission (SEC).
Korea opens formal antitrust case against Google over app store practices
South Korea's Fair Trade Commission (KFTC) has begun formal proceedings against Google over alleged abuse of its dominant position in the Android app marketplace, accusing the company of using agreements with major game developers to restrict competition from rival app stores. The regulator said it has issued an examiner's report to Google, formally commencing the review process. The report alleges that Google entered into Games/Google Velocity Program (GVP), also known as Project Hug, agreements with leadi
Korea opens formal antitrust case against Google over app store practices
Zain Group wins license to take over MTN Syria network for USD 747 mln
Zain Group said it has secured a license to operate a mobile telecommunications network in Syria. Following a competitive tender process managed by Syria's ICT ministry for taking over the existing MTN network, Zain won the contract with a bid totaling USD 747 million. Under the agreement, Zain will establish a new operating entity in Syria, holding a 75 percent majority stake alongside a Syrian government entity which will retain the remaining 25 percent. The commercial launch of the Zain Syria brand is pr
Zain Group wins license to take over MTN Syria network for USD 747 mln
NTT Docomo wins Japan's national 26 GHz 5G spectrum auction
NTT Docomo has secured Japan's nationwide 26 GHz spectrum licence, while JTower and High Tech Inter won regional licences, following the ministry of internal affairs and communications' (MIC) auction for millimetre-wave spectrum to support 5G. The auction covered 400 MHz of nationwide spectrum in the 25.8-26.2 GHz band and regional licences in the 26.8-27 GHz band. Five companies qualified to participate, including NTT Docomo, KDDI/Okinawa Cellular Telephone, SoftBank, JTower and High Tech Inter.
NTT Docomo wins Japan's national 26 GHz 5G spectrum auction
VMO2 combines commercial, operations functions into new Consumer unit
Virgin Media O2 has announced plans to create a new Consumer unit by combining its Commercial and Data and Operations functions. The new Consumer unit will include retail, customer service, digital, propositions and trading - led by newly-appointed Consumer CEO Lyssa McGowan. She will join the group's Executive Committee on 08 July, reporting to CEO Lutz Schueler. She has extensive commercial and retail leadership experience, including more than 10 years at Sky, where she rose to Chief Consumer Officer. Mos
VMO2 combines commercial, operations functions into new Consumer unit
Polish data centre capacity to grow fivefold by 2030 - Audytel
The installed capacity of Polish data centres will grow fivefold by the end of 2030, according to a study by Audytel reported by Telko.in. The colocation surface is forecast to increase by more than 50,000 m2.
Polish data centre capacity to grow fivefold by 2030 - Audytel
Bite Lithuania offers faster 5G after Kaunas region upgrade
Bite Lithuania has completed its network modernisation project in the Kaunas region, increasing mobile broadband speeds more than 25 percent in some locations on the 5G network there. The operator carries out the project gradually, and the network has already been modernised in areas including more than 75 percent of the population. The project should be completed this autumn.
Bite Lithuania offers faster 5G after Kaunas region upgrade
Digmatix acquires Microsoft specialists in Czechia and Romania
The Latvian technology company Digmatix, formerly known as Digital Mind, has acquired two Microsoft business application partners in Central Europe, the Czech CRM solution provider LLP CRM and the Romanian Microsoft Dynamics 365 partner Elian Solutions, reports Db.lv. Digmatix owns 100 percent of both companies. With these transactions, Digmatix enters the Czech and Romanian markets, while significantly expanding the group's competence in the field of Microsoft business applications in Central and Southern
Digmatix acquires Microsoft specialists in Czechia and Romania
Orange, T-Mobile venture Networks! gets new CEO
Maciej Zengel, the CEO of Polish company Networks!, a joint venture of Orange and T-Mobile Poland, has resigned. Patryk Borkowski, the CTO of the company, has replaced Zengel, and Robert Pelka has been appointed the new CTO. He was already the head of network development at Orange Poland.
