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Etisalat mulls sale of Zantel - report
2014-09-30 10:28:00| Telecompaper Headlines
(Telecompaper) UAE-based operator Etisalat is exploring a sale of its stake in Tanzanian operator Zantel, Bloomberg reported citing people with knowledge of the situation. Deutsche Bank is working with Etisalat on the sale of its 65 percent stake in Zantel. Zantel, Tanzania's largest ISP has attracted interest from Vodacom Group and may also attract Millicom International as a suitor, the report said. Zantel had sales of about USD 85 million in 2013, according to an Etisalat document published in May. The unit was in default for non-payment of a USD 96 million bank facility, with the lender saying it may take enforcement action against Zantel unless a payment is made, according to the document.
Tags: report
sale
mulls
etisalat
Ingredion bans new GMO corn at plant, mulls fate of second type
2014-09-18 02:03:47| Chemicals - Topix.net
Ingredion Inc, manufacturer of sweeteners and starches made from corn, will not buy a new variety of genetically modified corn developed by Syngenta AG, according to a notice on the ingredients supplier's website on Wednesday. The Illinois-based manufacturer did not say why it will not accept the genetically modified Agrisure Duracade corn, which has been shunned by the world's biggest commodity traders because it is not approved by major importers.
India govt mulls shuttering BSNL, MTNL
2014-09-15 02:00:00| Total Telecom industry news
DoT reportedly weighs option to de-list state-run MTNL ahead of merger with BSNL.
Lockmaker Assa Abloy Mulls Phone Deals as Apple Opens Doors
2014-09-13 10:07:47| Appliances - Topix.net
Assa Abloy AB, the world's largest lock maker, is negotiating partnerships with mobile-phone companies as new software for Apple Inc. and Google Inc. devices will allow users to open doors with their smartphones. "This industry is rapidly becoming electronic, but you still need a lock," Chief Executive Officer Johan Molin said in an interview in the Stockholm headquarters of the company with a market value of $19 billion.
Few critics as Nevada mulls Tesla tax breaks
2014-09-11 08:28:03| Semiconductors - Topix.net
The Nevada Assembly has adjourned the first day of a special session considering an unprecedented package of up to $1.3 billion in incentives to bring Tesla Motors' $5 billion battery factory to the state. The Senate never formally opened its session Wednesday.
Tags: tax
nevada
breaks
critics
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