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EE confirms sales of 4G plans now outstrip 3G sales

2014-05-21 17:56:00| Telecompaper Headlines

(Telecompaper) EE has confirmed the next phase of its 4G service, including accelerated network expansion and the launch of new 4G plans and devices. The move comes as sales of EE 4G plans outstrip 3G for the first time, with 4G customer numbers reaching 3.6 million. EE is accelerating network roll-out in rural areas and on transport routes, as well doubling the footprint of its double speed network. It is bringing the 4G network to 2,588 villages and small towns with populations under 10,000, including many rural areas, with more than 3 million people in rural areas now having access to the 4G network.

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9-7-11 News: Carpenter Plans New Premium Facility

2014-05-21 16:51:38| Steel - Topix.net

Carpenter Technology Corp., Wyomissing, Pa., will construct a new 400,000-square-foot manufacturing facility in response to demand for premium products from the aerospace and energy industries.

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CWC plans USD 250 mln extra investment to boost growth

2014-05-21 16:33:00| Telecompaper Headlines

(Telecompaper) Cable & Wireless Communications announced plans to invest an additional USD 250 million in the next three years to boost growth and improve the quality of its services. This will result in total capital expenditure for the period to March 2017 of USD 1.05 billion, after spending USD 306 million last year. The Project Marlin investments follow the disposal of its activities outside Latin America, a sharp reduction in debt with the proceeds and a strategic review of its remaining assets. The investment will go to developing mobile leadership in its markets, fixed-mobile convergence, a stronger TV offering and more business services. It should result in a reversal of the historic decline in revenues and "modest" top-line growth, as well as a mid to high single-digit CAGR in EBITDA in the period to March 2017, supported by optimisation of back office processes. In addition, CWC targets an improved Net Promoter Score and an incremental return on invested capital. The plans were unveiled with its annual results for the year to March 2014, showing revenues from continuing operations down 4 percent to USD 1.873 billion. EBITDA was up 5 percent to USD 608 million, and net profit, excluding one-time items, increased 45 percent to USD 148 million. 

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Google plans international acquisitions worth up to $30B, it tells SEC

2014-05-21 14:06:42| InfoWorld: Top News

Google plans to spend $20 billion to $30 billion of its of its accumulated international profits to fund potential acquisitions of non-U.S. companies and technology rights. The company disclosed its plans to the U.S. Securities and Exchange Commission (SEC) last year, in a document that was published Tuesday. The SEC had asked Google to describe its plans for reinvesting its undistributed earnings in greater detail.

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Union Pacific plans May 28 grand opening

2014-05-21 10:29:48| Railroads - Topix.net

SANTA TERESA >> Union Pacific Railroad plans a May 28 grand opening event for its new rail facility in southern New Mexico.

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