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1 Article
Source: Global News

Rogers spends $1.72B in hard-fought auction for wireless spectrum licenses


Rogers Communications will spend $1.72 billion to acquire spectrum licences from the federal government, making it by far the biggest spender in a hard-fought auction that pitted Canada’s wireless companies against each other.

WATCH: Consumer complaints about wireless and internet services continue to grow. He said the money from the auction will be added to the federal government’s general revenue incrementally over the life of the licences – generally 20 years.

1 Article
Source: Common Domain

Zoom Video IPO: 5 things to know about the videoconferencing company

Saturday 14:29 GMT

Zoom Video Communications Inc. plans to join an already active season of initial public offerings, and the videoconferencing company is looking for a high valuation as it seeks to gain more share from legacy-based video communications vendors.

Additionally, Salesforce Ventures LLC, the VC arm of Salesforce.com Inc. CRM, -0.01% agreed to buy $100 million of Class A stock in a private placement at the IPO price, Zoom said.

1 Article
Source: BBC

Why Indonesia's next leader will need China

Monday 07:08 GMT

The reality is that Indonesia's future success depends on navigating its relationship with Beijing, whatever its candidates may tell their voters.

"Traditionally the biggest sources of international investment in Indonesia have been Japan and Korea," says Tom Lembong, the head of Indonesia's investment co-ordinating board. "I do have to note that over the last five years China has gone from being the number 13 largest international investor in Indonesia to today to arguably number one."

1 Article
Source: Common Domain

5G Can’t Come Soon Enough for These Stocks

Thursday 09:54 GMT

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In a report on Monday, Fritzsche noted that the constant flow of news and announcements about 5G in recent months has been good for tower stocks, sending them each to their steepest valuations in years. American Tower, Crown Castle, and SBA Communications each currently trade for between 21 and 24 times their next year adjusted funds from operations, or AFFO, versus less than 19 times on average over the past five years.

1 Article
Source: BBC

An alternative to flying less?

Today 01:30 GMT

A handpicked selection of stories from BBC Future, Culture, Capital, and Travel, delivered to your inbox every Friday.

If an additional policy mechanism were placed on top of the offsets (for example, a very high price on carbon or an imposition of a carbon emissions cap) then people may feel some economic pressure to fly less.

“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte