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Pensioners 'face annuity sale risks'

2016-04-21 16:50:03| BBC News | Business | UK Edition

Pensioners who decide to sell an annuity retirement income face significant risks - such as running out of money in old age, the City watchdog says.

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America Movil considers sale of 21% KPN stake - report

2016-04-21 14:20:00| Telecompaper Headlines

(Telecompaper) America Movil is considering the sale of its minority stake in Dutch operator KPN, people with knowledge of the matter told Bloomberg. The 21 percent stake is what remains of America Movil's failed takeover attempt of KPN almost three years ago. KPN's share price has roughly doubled in the past three years, and the stake is now worth about EUR 3.2 billion. Bloomberg's sources said the stake could be attractive to other operators looking to expand in Europe, such as Deutsche Telekom, Orange or Altice. However, America Movil hasn't made a final decision about the timing or structure of a sale, the report said. 

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America Movil's planned KPN sale resurfaces

2016-04-21 02:00:00| Total Telecom industry news

Sources say holding in Dutch incumbent could be attractive to other telcos, including France's Orange.

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SALACOA VALLEY FARM'S SALE HELD MARCH 24TH

2016-04-20 23:44:28| Cattle Today

Balmy spring weather and multidimensional cattle were on hand for the Salacoa Valley Farm Customer Appreciation Sale.

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Altice fined EUR 15 mln over Outremer Telecom sale

2016-04-19 15:54:00| Telecompaper Headlines

(Telecompaper) The French competition authority has fined Altice/Numericable EUR 15 million for not complying with several obligations related to its sale of Outremer Telecom in La Reunion and Mayotte, a condition for its acquisition of SFR. The commitments included maintaining the viability, market value and competitiveness of Outremer prior to its sale. But during the period in which the commitments applied, Outremer's tariffs rose by 17 to 60 percent, giving customers the opportunity to end their plans without incurring any cancellation fees. SFR said it contests the authority's analysis and reserves the right to appeal.

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