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China Telecom Helps Fortify Alibaba's $590 Million Bet On Smartphone Vendor Meizu
2015-04-27 18:00:37| Telecom - Topix.net
In spite of the disastrous Amazon Fire Phone, Alibaba still invested $590 million on China's 13th biggest smartphone vendor last February. Meizu-branded Android phones with pre-installed Alibaba-related mobile apps could benefit from China's huge number of active mobile device users.
Tags: china
million
helps
vendor
EE has 9.3 million 4G customers in Q1
2015-04-27 08:48:00| Telecompaper Headlines
(Telecompaper) UK mobile operator EE added 1.7 million 4G customers in the first quarter, taking the total to 9.3 million, up by 224 percent compared to the end of March 2014. It said it was well on track to reach its 14 million 4G customer target by the end of the year. Some 96 percent of new connections chose plans with LTE in the first quarter, nearly half on 4GEE Extra 'double-speed' service. Total connections, including M2M, MVNO and fixed bases, rose 0.6 percent to 30.9 million in the first quarter, compared to 30.7 million in the first quarter of 2014. Postpaid mobile adds, including M2M, rose by 111,000 in the quarter. Postpaid churn was a low 1.2 percent. EE recorded GBP 1.54 of revenue in the first quarter, up 0.5 percent, on a comparable basis, on the year-earlier period. Operating revenue rose by 0.3 percent year-on-year excluding regulatory impacts, but declined by 1.1 percent including them. "firmly on track" to reach its target of 14 million 4G subscribers by the end of the year
Kraft Foods defrauded $5.4 million from wheat market traders, CFTC alleges
2015-04-27 08:06:06| Food - Topix.net
The U.S. Commodity Futures Trading Commission has filed a lawsuit against Kraft Foods Group and Mondelez Global, alleging that the companies engaged in price manipulation of wheat and wheat futures. The lawsuit concerns activities that took place in 2011, before the now-defunct company Kraft Foods Inc. split into two separate companies: Kraft Foods Group and Mondelez Global .
Tags: market
million
foods
kraft
BHP faces 269 million pound tax bill on Singapore marketing hub - AFR
2015-04-27 04:11:18| Industrial Machines - Topix.net
Global miner BHP Billiton is contesting a A$522 million Australian tax bill on its Singapore marketing operations, the Australian Financial Review reported on Monday. The figure was disclosed in the company's answers to a Senate inquiry on corporate tax avoidance, the newspaper reported.
Tags: marketing
million
bill
tax
Colorado lawmakers' decision to move $20 million severance tax dollars concerns Weld governments
2015-04-26 17:42:44| Oil & Gas - Topix.net
The tail lights of cars and trucks are all that remain visible as they drive past an oil and gas operation outside of Windsor earlier this year. The Colorado Legislature's recent decision to move $20 million in severance tax dollars to the state's general fund in the wake of mandatory tax refunds for residents has drawn concern and displeasure from Weld County municipalities such as Windsor that would have otherwise received the funds.
Tags: million
move
tax
decision
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