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Dropbox has set a preliminary price range for its initial public offering of shares, meaning net proceeds of around USD 530 million for the cloud storage company. The proceeds include USD 100 million from a concurrent private placement of shares at the same price as the IPO to Salesforce, according Telecompaper. In a filing with the SEC, Dropbox said it... -
The worldwide server market continued to grow through 2017 as worldwide server revenue increased 25.7 percent in the fourth quarter of 2017 to USD 18.6 billion and shipments grew 8.8 percent year over year, according to data from Gartner. In all of 2017, worldwide server shipments grew 3.1 percent and server revenue increased 10.4 percent compared with... -
Finnish communications regulator Ficora said that in the second half of 2017, average consumption of data on the mobile network was almost 26 GB per Finn, according Telecompaper. For mobile subscriptions, usage averaged out at 10 GB and for mobile broadband subscriptions, it was almost 37 GB. The total number of mobile subscriptions remained almost... -
Telekom Romania is offering customers invoice discounts and additional prepaid credit to compensate for an interruption of service from 5 March. Further benefits for both residential and business customers were also promised by the operator. Telekom mobile customers encountered difficulties in making calls and using mobile data traffic on 5 March due to... -
UiPath, a leading enterprise robotic process automation (RPA) software company, has raised $153 million in Series B funding following a year of record growth. The company eclipses $1.1 billion valuation and validates RPA as a strategic imperative for digital transformation and path to AI. Previous investor Accel led the round, with new investors CapitalG... -
The US government has ordered Qualcomm to suspend its annual shareholders meeting for at least 30 days while it investigates whether Broadcom's proposed takeover of the company has implications for national security. According to Broadcom, Qualcomm asked the Committee on Foreign Investment in the US (CFIUS), part of the treasury, to investigate the bid by... -
Telekom Romania saw a fall in TV revenue despite a modest gain in subscriber numbers in 2017. Results published by its parent company OTE show that the former declined by nearly 2%, while the latter grew by 0.4% to reach 1,470,341, according broadbandtvnews.com. TV subscriber growth was much stronger in OTE’s home market Greece, where Cosmote TV ended 2017... -
The 2018 edition of the Mobile World Congress (MWC) in Barcelona attracted a total of 107,000 visitors, slightly down on last year’s record of 108,000, but still described as a “highly successful event across many fronts” by GSMA CEO John Hoffman. After surpassing 100,000 visitors for the first time in its history in 2016, this year’s event welcomed... -
“Vodafone celebrates you” campaign, which is designed to celebrate with customers the recent recognitions of Supernet 4.5G by rewarding them with a large variety of daily prizes, continues until March 31 with a new feature available. Now, all users have the chance to win more daily prizes if they invite their friends to use the application through the... -
The first-ever contraction in the global smartphone market was confirmed by IDC, with the market researcher estimating a 0.5 percent fall to 1.46 billion phones shipped in 2017. A small return to growth is predicted for 2018, driven by improved growth at Apple, according Telecompaper.The decline in 2017 was led by a 5 percent fall in China, while EMEA...
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