East Coast Tech Correspondent
Nicola's Feed
Jun 8, 2011

Kabel Deutschland refinances ahead of 1st dividend

LONDON/FRANKFURT, June 8 (Reuters) – Lossmaking Kabel
Deutschland (KDG) promised investors a net profit and a dividend
payout for this year as it launched an 800 million euro ($1.2
billion) debt refinancing that will reduce its interest costs.

Under the refinancing plan, the company will pay off
existing debt including a 515 million euro Payment-In-Kind (PIK)
loan maturing in 2014 from the proceeds of a new 300 million
euro seven-year senior secured high-yield bond and a 500 million
euro loan of the same maturity. That move will reduce annual
interest costs by some 11 million euros.

May 19, 2011

SAP sees growth from new businesses

PARIS/MUNICH (Reuters) – SAP (SAPG.DE: Quote, Profile, Research, Stock Buzz) expects to achieve significant sales in its new mobile and high-performance analytics software products this year, co-Chief Executive Jim Hagemann Snabe said on Thursday.

“Already this year, the first year, in both those two categories, we will be able to do more than 100 million euros ($143 million) in revenue,” he told the Reuters Global Technology Summit on Thursday.

May 19, 2011

Reuters Summit-UPDATE 1-SAP sees growth from new businesses

PARIS/MUNICH, May 19 (Reuters) – SAP (SAPG.DE: Quote, Profile, Research, Stock Buzz) expects to
achieve significant sales in its new mobile and high-performance
analytics software products this year, co-Chief Executive Jim
Hagemann Snabe said on Thursday.

“Already this year, the first year, in both those two
categories, we will be able to do more than 100 million euros

May 16, 2011

Reuters Summit – High costs may delay new wafer technology

PARIS (Reuters) – High investment costs for production equipment to make bigger silicon wafers that would dramatically lower chip production costs could put a promising technology on hold for some time, an industry expert said.

Silicon wafers are available in a variety of sizes, and the biggest is currently 300 millimetres in diameter. But large companies such as Intel are gearing up to make 450mm wafers to improve efficiency and reduce costs.

May 16, 2011

High costs may delay new wafer technology

PARIS (Reuters) – High investment costs for production equipment to make bigger silicon wafers that would dramatically lower chip production costs could put a promising technology on hold for some time, an industry expert said.

Silicon wafers are available in a variety of sizes, and the biggest is currently 300 millimeters in diameter. But large companies such as Intel (INTC.O: Quote, Profile, Research, Stock Buzz) are gearing up to make 450mm wafers to improve efficiency and reduce costs.

May 12, 2011

Sky Deutschland shares up on strong subscriber growth

BERLIN, May 12 (Reuters) – Loss-making pay-TV broadcaster
Sky Deutschland AG (SKYDn.DE: Quote, Profile, Research, Stock Buzz) won more subscribers than expected
in the first quarter, bringing it closer to profitability and
boosting its shares to a 19-month high.

The company formerly known as Premiere, in which News Corp
(NWSA.O: Quote, Profile, Research, Stock Buzz) owns a 49.9 percent stake and whose main draw is German
premier league soccer, has suffered from sluggish growth because
of Germans’ reluctance to pay for premium TV content.

May 11, 2011

Telekom Austria won’t sweeten Telekom Srbija bid

FRANKFURT, May 11 (Reuters) – Telekom Austria (TELA.VI: Quote, Profile, Research, Stock Buzz)
ruled out a higher offer for Telekom Srbija after reporting a
fall in first quarter core earnings due to cuts in roaming
tariffs and interconnection fees as well as subsidies for
smartphones.

The group, in which the Austrian government holds 28.42
percent, owns major mobile operators in eastern Europe and had
opted to buy a majority stake in Telekom Srbija only to be
snubbed because it refused to match Serbia’s price demands.
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May 6, 2011

D.Telekom, T.Italia seek respite from ailing Europe

BERLIN/MILAN, May 6 (Reuters) – European telecom groups
Deutsche Telekom (DTEGn.DE: Quote, Profile, Research, Stock Buzz) and Telecom Italia (TLIT.MI: Quote, Profile, Research, Stock Buzz) are
pinning their hopes on new business areas to offset dwindling
growth in fiercely competitive regional markets.

Both companies stuck to their 2011 targets on Friday, after
reporting lower first-quarter net profits.

May 3, 2011

Infineon thrives on cars, hikes outlook

FRANKFURT (Reuters) – Infineon’s (IFXGn.DE: Quote, Profile, Research, Stock Buzz) decision to exit the wireless business to focus on chips for cars and energy-efficient machines has paid off, as strong second-quarter results let the German chipmaker raise its full-year outlook.

Infineon, spun off from engineering group Siemens (SIEGn.DE: Quote, Profile, Research, Stock Buzz) more than a decade ago, last year chose to exit the mobile chip business by selling its wireless chip unit to Intel (INTC.O: Quote, Profile, Research, Stock Buzz) for $1.4 billion.

Apr 28, 2011

SAP lags rivals as European growth crimped

FRANKFURT, April 28 (Reuters) – German business software
maker SAP AG’s (SAPG.DE: Quote, Profile, Research) first-quarter earnings fell short of
results from its rivals and market expectations due to slower
growth in the Middle East and Europe, especially in Germany.

SAP was expected to do well after U.S. technology
bellwethers Oracle (ORCL.O: Quote, Profile, Research) and IBM (IBM.N: Quote, Profile, Research) showed strong
results, signalling unimpaired global tech spending.
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