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  • Euroweb Romania saw its net turnover grow 11.7 percent year-on-year to RON 40.6 million (EUR 9.03 million) in 2016, according to local paper Ziarul Financiar citing data reported to the Ministry of Public Finance. The net loss of the company increased slightly compared to the previous year by 3.9 percent to RON 2.94 million, according Telecompaper. The...
    28 Iulie 2017/ Continuare
  • Orange reported an acceleration in growth in the second quarter, driven by strong growth in Spain, a recovery in Africa and the Middle East and the first sales growth in France since 2009. Revenue rose 1.4 percent to EUR 10.206 billion, compared to growth of 0.8 percent in Q1. On a comparable basis, sales were up 0.5 percent in France, 8.8 percent in Spain...
    27 Iulie 2017/ Continuare
  • Romania's anti-corruption authority DNA ordered the opening of a criminal procedure against RCS&RDS for committing bribery and money laundering offenses, according Telecompaper. The case was opened in May and is related to the granting of television rights to Liga 1 football matches. RCS&RDS subsidiary Integrasoft is being accused of committing...
    26 Iulie 2017/ Continuare
  • Alphabet, the parent company of Google, reported a drop in second-quarter net profit, hurt by the competition fine of USD 2.7 billion imposed on the company by the European Commission, according Telecompaper. In a rare occurrence for the company since it went public, net profit fell to USD 3.524 billion or USD 5.01 per share from USD 4.877 billion or USD 7...
    25 Iulie 2017/ Continuare
  • Digi, a Romania-based telecom company that entered the capital market in Bucharest in May, bought Hungarian operator Invitel Tavkozlesi for EUR 140 million, according to Romanian paper Ziarul Financiar citing an announcement from Digi. The transaction enlarges Digi's subscriber portfolio by nearly 0.7 million. The shares package was bought from China...
    24 Iulie 2017/ Continuare
  • Microsoft reported stronger results for its fiscal fourth quarter to end June, pulled up by innovation across cloud platforms, CEO Satya Nadella (photo) said. Revenues rose to USD 23.32 billion from 20.64 billion the year(+13%)  before, while the operating profit lifted to USD 5.33 billion from 3.08 billion (+73%) and the net profit went higher to USD 6.51...
    21 Iulie 2017/ Continuare
  • The 10th edition of the World Games 2017 will be distributed in Europe jointly by SES and ATM System, the official host broadcaster for the multi-sport event, according Telecompaper. The international event, taking place in Poland, from 20 to 30 July, will be transmitted via two SES satellites, SES-4 located at 22 degrees West and Astra 3B at 23.5 degrees...
    20 Iulie 2017/ Continuare
  • In the ongoing search for authenticity, many forget the role fake quotes play in spreading fake news. A particularly problematic phenomenon on social networks, Euronews has partnered with A.I. start-up Storyzy to launch a new digital vertical called "All Quotes" with thousands of authentic quotes. This partnership promises a new phase in empowering users...
    19 Iulie 2017/ Continuare
  • According to the IDC Telecommunications Services Database, the total number of Central and Eastern Europe (CEE) cellular IoT connections will reach 36.72 million in 2021, reflecting a five-year compound annual growth rate (CAGR) of 16.8%. The related IoT connectivity services spending is forecast to reach $259 million in 2021, growing at a CAGR of 11.4%...
    18 Iulie 2017/ Continuare
  • The overall handset market in Central and Eastern Europe (CEE) is mature. Irrespective of exogenous economic factors such as oil prices, the handset market will expand at only a moderate pace this year. While the CEE mobile phone market grew 3.4% year on year in 2016, market growth will slow to 2.1% in 2017, according idc.com. The situation on the devices...
    17 Iulie 2017/ Continuare

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