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New apartment tower slated for summer start at Clark and Division

2015-02-10 08:53:41| Grocery - Topix.net

The website for the development that will replace the Jewel-Osco store at Clark and Division is announcing that construction is expected to start this summer. According to the development's website, the new Jewel-Osco is expected to open 14 to 16 months after the start of construction, and occupancy of the apartment tower will begin 24 months after the start of construction.

Tags: start summer division tower

 

Saab to supply air traffic tower automation technology to four Australian airports

2015-02-10 01:00:00| Airport Technology

Airservices Australia has chosen defence and security company Saab to equip four of its airports with integrated air traffic tower automation technology.

Tags: technology air supply traffic

 
 

Verizon confirms wireline, tower sales for USD 15 bln

2015-02-06 08:37:00| Telecompaper Headlines

(Telecompaper) Verizon Communications has confirmed plans to sell part of its wireline assets to Frontier Communications for USD 10.54 billion. Frontier will acquire the local wireline operations serving customers in California, Florida and Texas for USD 9.9 billion in cash and USD 600 million in assumed debt. In addition, Verizon has agreed to lease the rights to over 11,300 of its wireless towers to American Tower Corporation, which will also purchase approximately 165 Verizon towers, for a total upfront payment of USD 5 billion. Part of the proceeds of the sales will be returned to shareholders in the form of a USD 5 billion accelerated share-repurchase programme.

Tags: sales usd tower verizon

 

Verizon gets $15 billion from wireline sale, tower leasing deal

2015-02-06 00:10:52| Telecom - Topix.net

Verizon Communications will make almost $15 billion from selling part of its wireline business and leasing thousands of wireless towers. The largest U.S. cellphone carrier is selling its California, Florida and Texas wireline businesses, which serve phone, TV and Internet customers, to Frontier Communications Corp. for $9.9 billion in cash.

Tags: sale deal tower billion

 

Kaizen Discovery unveils due diligence on Tower Resources

2015-02-05 01:51:35| Industrial Machines - Topix.net

Since its reverse takeover in December 2013, junior explorer Kaizen Discovery has closed two acquisitions and is now zeroing in on a third. The Vancouver-based junior has signed an exclusivity agreement with Tower Resources and will decide over the next month and a half of more due diligence whether it will pull the trigger on a deal.

Tags: due resources tower discovery

 

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