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EC's Ansip backs cross-border, not intra-country mergers

2015-10-13 16:18:00| Telecompaper Headlines

(Telecompaper) Andrus Ansip, the European Commission VP for the Digital Single Market, has suggested the EC is more in favour of cross-border than intra-country consolidation in the telecoms market. In a speech at the FT-ETNO Summit in Brussels, Ansip acknowledged that a "degree of consolidation" can bring potential benefits, and as an example, he pointed to cross-border consolidation, which can led to integrated, pan-European networks and expansion opportunities for operators as they tap into larger populations. However, the commissioner noted that "industry consolidation is not necessarily the answer" to ensuring competition. Most mobile operators are already investing in 4G without the need to resort to mergers, and network-sharing technologies allow them to share infrastructure in order to reduce costs, without the need for full mergers, he said. His comments come as the industry group ETNO published a new report by Boston Consulting Group that underlined the need to rethink the EU's competition rules and merger review criteria for telecoms deals. The report said the EC should lessen its focus on price in merger reviews and look more at the impact of consolidation on investment and the increasing competition from new services providers in the telecom market.

Tags: backs mergers ecs crossborder

Obama Backs Dec. 31 Deadline for Rail Safety

2015-10-08 16:08:16| Railroads - Topix.net

Investigators and first responders work near the wreckage of an Amtrak passenger train carrying more than 200 passengers from Washington, DC to New York that derailed late last night May 13, 2015 in north Philadelphia, Pennsylvania. At least five people were killed and more than 50 others were injured in the crash.

Tags: dec safety deadline rail

US food industry backs government plan to aggressively cut food waste

2015-10-01 16:40:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: In September, the US government announced the first ever national goal to reduce Americas food waste, giving an extra push to a movement on the part of big brands to cut down on waste. The US Department of Agriculture (USDA) and the Environmental Protection Agency (EPA) in partnership with charities and the private sector is targeting a 50% cut in edible food waste by 2030. More than 133bn pounds of food is thrown away each year in the US, accounting for roughly one third of the nations...

Tags: plan food industry government

India backs solar as Paris climate talks loom

2015-09-30 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Under a blistering sun, workers install a sea of solar panels in a north Indian desert as part of the government's clean energy push - and its trump card at upcoming climate change talks in Paris. After years of betting big on highly polluting coal, India is under huge pressure to commit to cutting carbon emissions ahead of the major meet aimed at forging a global climate pact. But the world's third largest emitter argues the burden should lie with industrialised countries, which have been...

Tags: paris india talks climate