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Rolling out 5G today would bankrupt a lot of operators 3UK

2017-06-21 02:00:00| Total Telecom industry news

Rolling out a 5G network under today's mobile market conditions would bankrupt many operators, warns 3UK. Speaking at Total Telecom's third annual Connected Britain event in London last week, Phil Sheppard, director of network strategy at 3UK, said fundamental changes to the economics of deploying and operating mobile networks need to be made if the industry is going to deliver on the promise of 5G…read more on TotalTele.com »

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Gildan Activewear to buy bankrupt American Apparel for $66m

2016-11-14 11:03:00| Daily apparel & textile news and comment - from just-style.com

Canada's Gildan Activewear is hoping to acquire the American Apparel brand in a deal worth around US$66m, which was struck after the troubled US retailer today (14 November) filed for Chapter 11 bankruptcy protection for the second time in just over a year.

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Bankrupt Hanjin seeks court protection for its ships

2016-09-05 05:17:55| BBC News | Business | UK Edition

Troubled South Korean shipping giant Hanjin takes legal action in about 10 countries to prevent its ships from being seized by creditors.

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Bankrupt Coal Miner Peabody Energy Paid Climate Denialist to Write Greenhouse Gas Reports

2016-07-11 06:19:00| Climate Ark Climate Change & Global Warming Newsfeed

Truthout: A research center that has produced scores of reports dismissing the dangers of human-caused climate change was being paid by coal company Peabody Energy to produce reports about its greenhouse gas emissions. The Center for the Study of Carbon Dioxide and Global Change (CSCDGC) is revealed as having historical financial ties to Peabody in the coal company's bankruptcy papers. A DeSmog investigation has also uncovered undisclosed financial links between the center, run by veteran climate science...

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Bankrupt Aeropostale handed US$160m lifeline

2016-06-13 13:17:00| Daily apparel & textile news and comment - from just-style.com

Aeropostale has won approval of US$160m in financing that may help the bankrupt US fashion retailer stay in business and complete its restructuring.

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