July 13th saw a secondary sale of shares from existing investors with stock priced at $81 per share, and a modest rise over the most recent cash-raising which saw shares sold at $77. A total of $750 million in new cash was raised in the offering exercise according to a CNBC report, meaning that the […]
The ITU’s powerful Radio Regulations Board (RRB) has refused Sweden’s Ovzon AB request to extend the timetable for the satellite operator’s ‘bringing into use’ (BIU) obligations for its Ovzon-3 satellite. Ovzon-3 was licensed by Cyprus and, like many other satellite operators, has suffered delays in manufacturing caused by the pandemic, and had asked the ITU’s […]
FAST Channels TV has partnered with Digital TV Cyprus (part of the Digital Tree Group) to deliver over 20 FAST linear channels to the country’s first OTT platform, to enhance the platform’s content experience and offering. The partnership adds a portfolio of movies and TV series to the Digital TV platform such as A+ Cinema, […]
The Digital Cooperation Organization (DCO) has welcomed the Republic of Cyprus as the latest member state to join DCO’s global ecosystem focused on digital prosperity for all. The Republic of Cyprus is the first European Union country to join the DCO, an international organisation that aims to accelerate the inclusive growth of the digital economy […]
Cablenet, a telco provider in Cyprus, has announced the start of a new era in intelligent home services. True to its promise, Cablenet has once again disrupted the market status quo. In strengthening the cooperation with Plume and bundling the HomePass Smart Home Services Suite within the Purple Max Internet proposition, Cablenet has fulfilled the […]