Japanese telecom gaint Softbank recorded a loss of $350 million for last nine months of 2016 in the fair value of the Company’s investments in India. The loss comes on top of a $555 million writedown on the value of Softbank’s India portfolio in the six-month period ending September 2016. “With reference to the current markdown, portfolio…
Vodafone has signed a global partnership with outdoor advertising firm JCDecaux that will see the U.K. telco giant deploy small cells at bus stops and billboards.
The operator did not specify in which country or countries it plans to roll out small cells, but said it will focus the deployment on cities and other densely populated areas.
The scheme falls within Vodafone’s £19 billion capex plan, which includes the £7.1 billion from Project Spring.
The agreement will see Vodafone roll out and manage the small cells while JCDecaux will design and manufacture the housing for the equipment.
“We are delighted to partner with JCDecaux. This agreement will help us accelerate the deployment of small cell technology by giving us access to locations that in the past have not been available for network installations,” said Kevin Salvadori, director of technology strategy and operations at Vodafone, on Wednesday. Original post at Total Telecom