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Ethio Telecom signs USD 800 mln expansion deal with ZTE

2013-08-19 13:00:00| Telecompaper Headlines

(Telecompaper) Ethio Telecom has signed an USD 800 million agreement with China's ZTE to expand its telecommunications network, AFP reports. CEO Andualem Admassie told journalists that the expansion project was vital to attain Ethio Telecom's objective of increasing coverage across the country and to upgrade its existing. The agreement is part of a USD 1.6 billion expansion project shared with China's Huawei. The two equipment vendors have split the cost of the scheme. The expansion project aims to increase mobile phone and 3G Internet access throughout the country and to introduce 4G broadband Internet in the capital Addis Ababa. Ethio Telecom, the country's monopoly phone and internet provider, aims to increase mobile coverage to 80 percent of Ethiopia. Andualem said the expansion is part of Ethiopia's "growth and transformation plan," an economic blueprint that aims to help Ethiopia reach middle-income status by 2025. Less than one percent of Ethiopia's 85 million people have access to the mobile internet and 23 percent subscribe to mobile phones, according to the ITU.

Tags: deal usd signs expansion

 

Rango Signs LOI To Acquire Hangtown Energy

2013-08-19 09:20:00| OGI

The acquisition includes all subsidiaries, equity interests, joint ventures and affiliated interests to which Hangtown is a party.

Tags: energy signs loi acquire

 
 

Spread of PEDV in US Shows Signs of Slowing

2013-08-19 02:00:00| ThePigSite - Industry News

US - The National Pork Board reports the anecdotal evidence indicates a Porcine Epidemic Diarrhea Virus epidemic that's swept through the United States is quieting down, writes Bruce Cochrane.

Tags: of shows signs spread

 

The Search for Signs of Hawaiian Life

2013-08-18 18:59:10| Airlines - Topix.net

ONO GRINDS: Nancy Hildwein, right, of Honolulu and Judith Pier of Chicago liked Aloha Eats, a Hawaiian grill, so much they ate there twice during Hildwein's visit to the Windy City.

Tags: search life signs hawaiian

 

Davis-Standard signs partnership deal with China's Jinming Machinery

2013-08-16 18:06:00| Canadian Plastics Headlines

In a move designed to expand their global footprints, extrusion equipment maker Davis-Standard LLC and Chinas Guangdong Jinming Machinery Co. Ltd have formed a strategic partnership to market blown film machinery.

Tags: deal partnership signs machinery

 

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