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Altech sells East African assets to Liquid Telecom

2013-01-29 11:42:00| Telecompaper Headlines

(Telecompaper) Liquid Telecom has announced a deal to acquire the East African telecom assets of the Altech Group, including Altech's 61 percent stake in Kenya Data Networks (KDN). The deal, under which South Africa-based Altech becomes a minority shareholder in Liquid with a stake of 8.6 percent, creates a single fibre network spanning Kenya, Uganda, Rwanda, Zambia, Zimbabwe, Botswana, DRC, Lesotho and South Africa. Liquid Telecom claims to have built the largest fibre network in Southern Africa and Central Africa. Altech will contribute its majority interests in Altech East Africa on a debt- and cash-free basis, as well as pay USD 16.5 million for new shares in Liquid. This gives it an initial 8.6 percent equity stake in the company, with shareholder voting rights of 10 percent. Altech will also have one seat on the Liquid board, as long as it holds at least 5 percent in the company.

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Wi-Fi on east Alberta school buses credited for curbing bad behaviour

2013-01-28 19:19:23| Wireless - Topix.net

When Prairie Rose School Division outfitted 30 of its school buses last year with wireless Internet access, it was to give students something to do during the lengthy rides, often along gravel roads, that last as long as 90 minutes one way.

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AK Power Solutions to Attend Middle East Electricity

2013-01-28 16:44:00| Railway Technology

AK Power Solutions will be showcasing its products at the 2013 Middle East Electricity trade show, which will be held 17-19 February 2013 at the Dubai International Convention and Exhibition Centre.

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AK Power Solutions to Exhibit at Middle East Electricity

2013-01-28 16:32:00| Power Technology

AK Power Solutions is pleased to announce that it will exhibit at the Middle East Electricity trade show, which will be held 17-19 February 2013 at the Dubai International Convention and Exhibition Centre.

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East Long Beach's Atherton Street to get median renovation

2013-01-28 04:09:50| Railroads - Topix.net

The City Council voted last week to approve an $857,140 contract to overhaul the medians on a 1.5-mile stretch of Atherton between Bellflower Boulevard and Studebaker Road.

Tags: long street east median

 

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