In its first earnings release since going public in June, payments firm Adyen is proving it can live up to the hype.
After pricing its shares at €240 each ahead of the launch, it opened for trading on June 13 on Amsterdam’s Euronext exchange at €400 a share. With such a leap, a lot would have been expected from the firm, and it certainly delivered.
For the first six months of 2018, Adyen generated €156 million in total revenue, up 67.3% year-on-year, processing more than &eu
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-
Payments challenger Adyen post strong growth following June IPO
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Broadband Forum unveils first Open Broadband release
The Broadband Forum has announced the release of code and supporting documentation for Broadband Access Abstraction (OB-BAA), the first code release for the Open Broadband project.
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Broadband Forum automates, accelerates cloud-based access deployment
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The announcement, which didn’t offer much detail, seemed designed to maintain buzz ahead of the anticipated launch of 5G devices in a few months’ time. The platform doesn’t even have a name yet, but it’s safe to assume it will be Snapdragon followed by a four digit number. We do know it will be manufactured on the 7nm process node, which -
International markets pay off for Xiaomi
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Looking at the individual business uni -
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Net neutrality refuses to die; is it some form of genetically-modified super-cat?
With a coalition of 23 Attorney Generals (AGs) asking Federal judges to reinstate net neutrality rules, you have to wonder what experiments have been conducted on net neutrality; how many lives does it actually have?
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Widespread reports in Australia compelled the two companies to publicly admit they’ve been chatting. “Vodafone Hutchison Australia (VHA) confirms it has commenced discussions with TPG in relation to a potential combination of the two highly complementary companies,” said Vodafone in a statement. “At this stage, these are exploratory non-binding d -
Facebook turns the tables and starts measuring your credibility
Attack is sometimes the best form of defence, and with Facebook’s credibility being heavily question, the social media giant has decided to start tracking the trustworthiness of users.
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Xiaomi reports strong profits after rocky six months
China's smartphone giant made $2.1bn in second quarter helped by price increases for handsets -
Chinese smartphone maker Xiaomi reports 68% rise in sales
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Australia’s TPG Telecom surges on Vodafone Hutchison merger talks
Tie-up would help operators compete more effectively with rivals Telstra and Optus -
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Vodafone Hutchison and TPG Telecom discuss potential Australian merger
Vodafone Group and CK Hutchison are in talks to combine their faltering mobile phone businesses in Australia with local broadband provider TPG Telecom, to create a new telecoms service provider…read more on TotalTele.com » -
Scottish Highlands to receive 'transformative' FTTH broadband
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140 homes and businesses in Ross-shire will be upgraded to ultrafast broadband technology this year…read more on TotalTele.com » -
Is poor broadband access stunting UK children's development?
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Ericsson wins key RAN upgrade contract in Iraq
Ericsson has won a contract with Zain Iraq to redevelop the company's mobile network, boosting speeds and capacity.
As part of the deal, Ericsson will upgrade Zain Iraq's Radio Access Network across the country.
Zain and Ericsson predict a sharp uptick in demand for IoT and smart industry solutions in Iraq…read more on TotalTele.com » -
China Unicom pledges 300 5G base stations in 2018 for Chinese capital
China's second biggest telco, China Unicom, has said that it will aim to rollout more than 300 5G base stations across the Chinese capital, before the end of the year, according to reports in the press…read more on TotalTele.com »
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