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Alaska Communications Surprising Sale Of Wireless Business Creates Two Important Catalysts
2014-12-10 01:30:28| Wireless - Topix.net
Changes the Alaskan based telecom company from one of the highest levered companies in its industry to one of the lowest, substantially reducing risk for a potential acquirer. ALSK is now free to focus on its more lucrative broadband and managed IT solutions business which have historically generated industry leading returns of about 11.5%.
Tags: business
important
sale
communications
Board of Brazil's Oi approves sale of Portugal assets to Altice
2014-12-09 10:56:42| IT Services - Topix.net
Lisbon-listed holding company Portugal Telecom SGPS SA owns a 25.6 percent stake in Oi, which now holds Portugal Telecom's operating assets in Portugal after a merger between the two companies.
Oi approves PT Portugal sale to Altice
2014-12-09 09:14:00| Telecompaper Headlines
(Telecompaper) Brazilian operator Oi's board has approved the sale of PT Portugal to Altice. A week after agreeing exclusive talks with Altice, Oi agreed to the price of EUR 7.4 billion plus up to EUR 500 million based on the company's future revenue. Final approval of the sale will still depend on approval from shareholders of Portugal Telecom. The deal sees Oi left with only PT's assets outside Portugal, mainly in Africa and East Timor, as well as its debts, including what is owed to the company by Rio Forte, the bankrupt subsidiary of Espirito Santo. The Brazilian operator is expected to use the proceeds from selling the Portuguese assets for reducing debt and participating in the consolidation underway in the Brazil market.
Tags: to
sale
portugal
approves
TJB GELBVIEH BULL SALE AVERAGES $4,375 ON 32 LOTS
2014-12-08 23:54:23| Cattle Today
TJB Gelbvieh extended their traditional warm southern hospitality on an unusually cold and windy November day in Chickamauga, Ga.
17 days to Christmas: Singapore Airlines holds holiday sale
2014-12-08 15:18:35| Airlines - Topix.net
MANILA Planning to spend the holidays abroad? Singapore Airlines is offering discounted economy-class fares to selected Southeast Asian destinations until next week. Flights to Singapore, Bangkok, Jakarta, Kuala Lumpur, Ho Chi Minh and Bali will be on sale until December 15, with discounted fares applicable to departures until February 28, 2015.
Tags: days
sale
holiday
christmas
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