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MTS exits Uzbekistan, sells UMS stake to state
2016-08-08 08:46:00| Telecompaper Headlines
(Telecompaper) Russian mobile operator MTS is exiting the Uzbekistan market and has sold its 50.01 percent stake in the mobile operator Universal Mobile Systems (UMS) to the government. The State Unitary Enterprise Centre of Radio Communication, Radio Broadcasting and Television of the Ministry of Development of ICT acquired the shares for an undisclosed sum. The state already held the other 50 percent of UMS. MTS said the dale is "due to a variety of business reasons and other circumstances", but did not provide further details. The company expects to record a write-off of the related assets of RUB 3 billion in Q3.
Tags: state
uzbekistan
sells
stake
MTS to exit Uzbekistan, sell assets to state - report
2016-08-05 16:02:00| Telecompaper Headlines
(Telecompaper) Russian mobile operator MTS plans to sell its stake in the Uzbekistan mobile operator UMS, a joint venture with the Uzbekistan government. The Russian operator will sell its 50.01 percent stake in UMS for a "symbolic price", claims Interfax citing a source in the Uzbekistan State Communications Committee.
Tags: state
report
sell
assets
Apples stagnant product lines mostly reflect the state of the computer industry
2016-08-05 16:00:28| Extremetech
Some of Apple's hardware is getting long in the tooth -- but that's more a reflection on the moribund state of the industry than a statement about Apple.
Tags: the
state
product
computer
State of Ohio and architect will pay $2 million to settle dispute over construction project
2016-08-04 21:20:00| American School & University
Builder contended that the Ohio School Facilities Commission continually delayed construction of student housing at Ohio School for the Blind and Ohio School for the Deaf. read more
NWRA Conn. Chapter Responds to State Department of Energy and Environmental Protection Recycling Goals
2016-08-04 05:05:50| Waste Age
The NWRA has been educating its members on the cost of recycling, backing its opinion that knowing what can be recycled and knowing the true costs of recycling are two main factors for gaining public support of effective recycling programs. read more
Tags: state
department
protection
energy
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