ECI files for London IPO to raise up to USD 230 mln

Thursday 20 September 2018 | 12:08 CET | News
Always wanted to know everything about the Dutch Telecoms market? Then the online Masterclass Introduction Dutch Telecom market is for you! Please enroll here!
ECI Telecom has confirmed plans for an initial public offering of shares in London. The Israel-based equipment vendor expects to raise up to USD 230 million to help pay off debt and buy back preferred shares, while its existing shareholder may also sell shares in the offer. The UK's Financial Conduct Authority has already approved the company's registration document for the IPO. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: ECI
Countries: World
::: add a comment
This article is part of dossier


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


JT picks ECI to upgrade network

Published 05 Jun 2019 16:36 CET | Jersey
ECI was chosen by JT (JT Group) to upgrade the Jersey-based telecommunications company's optical network. The ECI platform ...

ECI upgrades DFN optical network to 200G technology

Published 14 Nov 2018 22:12 CET | Germany
Israel-based telecoms network equipment vendor ECI Telecom has been selected by the German National Research and Education ...

ECI selected by Beaver Creek Cooperative Telephone Company to modernise network infrastructure

Published 19 Sep 2018 17:47 CET | United States
Israel-based ECI was chosen by the Oregon-based Beaver Creek Cooperative Telephone Company (BCT) to update its legacy network ...

Ericsson expands 5G transport partnerships with Juniper, ECI

Published 05 Sep 2018 10:34 CET | World
Ericsson has announced newly-expanded partnerships with Juniper Networks and ECI Telecom aimed at strengthening its 5G-ready ...

ECI Telecom plans London IPO - report

Published 16 Jul 2018 15:01 CET | Israel
Israel-based ECI Telecom is looking to raise GBP 130 million on the London Stock Exchange in a deal valuing the company at around ...

ECI adds interface upgrades for metro, transport networks

Published 15 Mar 2018 13:57 CET | World
ECI announced the availability of two new network interface upgrades for existing product lines. These upgrades target service ...

ECI launches springboard system for 5G

Published 26 Feb 2018 16:43 CET | World
ECI has announced the availability a highly adaptive, advanced system to provide the dynamic, intelligent connectivity fabric ...

ECI launches Elastic Services Platform running on modular cloud-native software

Published 15 Feb 2018 11:08 CET | World
ECI has announced the launch of its Elastic Services Platform powered by a modular, cloud native software suite. The Elastic ...

ECI reduces number of redundancies to 60 after talks with union

Published 16 Jan 2018 12:36 CET | Israel
Israel's ECI Telecom has agreed on a reduction in the number of workers who will be laid off to 60 from its earlier 850, ...

ECI employees strike to protest at 63 redundancies

Published 10 Jan 2018 11:29 CET | Israel
About 850 employees of Israeli telecommunications equipment provider ECI Telecom went on strike on 09 January after 63 employees ...

ECI Telecom in sale talks with Russia's Rosatom - report

Published 03 Feb 2012 11:00 CET | Israel
Israel-based ECI Telecom chairman and controlling shareholder Shaul Shani is negotiating with the Russian government about ...

ECI Telecom sells for USD 1.2 billion

Published 02 Jul 2007 15:35 CET | World
Israeli network equipment maker ECI Telecom has agreed to be acquired for USD 1.2 billion. The buyers are affiliates of the ...

Calendar   /   Industry Events

19 Oct Capacity Europe 2020
20 Oct Tele2 Q3 2020
20 Oct A1 Telekom Austria Group Q3 2020
20 Oct Netflix Q3 2020
20 Oct Calix Q3
20 Oct Snap Q3
20 Oct America Movil Q3 2020
20 Oct 6G Symposium
21 Oct Telia Q3 2020
21 Oct Crown Castle Q3
21 Oct Netgear Q3 2020
21 Oct Ericsson Q3 2020
21 Oct Telenor Q3 2020
21 Oct DNA Q3 2020
21 Oct Verizon Q3 2020
22 Oct STMicroelectronics Q3 2020
22 Oct VeriSign Q3 2020
22 Oct AT&T Q3 2020
22 Oct Rogers Q3 2020
22 Oct Verimatrix Q3 2020
22 Oct Econocom Q3 2020
22 Oct Nordic Entertainment Q3 2020
22 Oct Limelight Networks Q3 2020
22 Oct Intel Q3 2020
23 Oct Doro Q3 2020
23 Oct Airtel Africa H1 results
23 Oct Orange Belgium Q3 2020
26 Oct Harmonic Q3 2020
26 Oct Alphabet Q3 2020
26 Oct CCW Europe 2020
::: More Calendar Items