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Day: December 28, 2020

Nokia selected by Thailand’s dtac as its first 5G partner

Press ReleaseNokia selected by Thailand’s dtac as its first 5G partner  Nokia to provide 4G and 5G equipment to support low and high-frequency bandsSupports Thailand 4.0 digitization initiative28 December 2020Espoo, Finland – Nokia today announced that it has been selected by Thai mobile operator, dtac, part of Telenor Group, as its first 5G RAN partner in a three-year deal covering the North and North Eastern regions of Thailand. With this deal, Nokia plays a key role in ensuring that dtac’s network performance is fully 5G-ready, and enabling a faster rollout of new 5G services as demand grows.Nokia has been in Thailand for over 30 years with the deployment of 2G, 3G and 4G networks and will now provide 5G connectivity that will support the country’s efforts to digitize as part of its ‘Thailand 4.0’ economic strategy. The deployment...

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Nano Dimension Prices $250 Million Registered Direct Offering

Sunrise, Florida, Dec. 27, 2020 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM), a leading Additively Manufactured Electronics (AME)/PE (Printed Electronics) provider, today announced it has entered into definitive agreements with investors for the sale of 33,333,334 of the Company’s American Depositary Shares (“ADSs”) at a price of $7.50 per ADS pursuant to a registered direct offering. The gross proceeds of the offering will be approximately $250 million, before deducting placement agent fees and other estimated offering expenses. The Company intends to use the net proceeds for working capital and for other general corporate purposes, and pursuing strategic opportunities, including possible business combination transactions. The closing of the registered direct offering is expected to take place on or about December 30, 2020,...

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