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Worldwide pay TV subscribers to exceed 1.1 billion in 2019

2014-01-22 18:00:08| Digital TV News

Worldwide pay-TV market reached 903.3 million subscribers in 2013. IPTV operators enjoyed significant growth (18.5% YoY) in 2013 to 92 million subscribers with a total of $37.2 billion in service revenue, according to ABI Research.

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South Korea to spend $1.5 billion on 5G mobile network thats 1,000 times faster than 4G

2014-01-22 16:15:04| Extremetech

South Korea, eager to keep its title as the world's most connected nation, has announced that it will spend $1.5 billion (1.6 trillion won) on rolling out a next-generation mobile 5G network. What actually constitutes a 5G network is a bit nebulous at the moment, but the general consensus is that it would be tens or hundreds of times faster than current 4G LTE networks, with download speeds in the region of 100-1000 megabytes per second -- fast enough to download a TV episode or movie in a couple of seconds.

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China must spend $330 billion more to do fair share on climate - report

2014-01-22 13:11:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: China must increase spending on emission cuts and clean technologies by 2 trillion yuan ($330 billion) to do its fair share to halt climate change, a report by Beijing's Central University of Finance and Economics said. It urged the government to raise money from carbon markets to fund investments. The report's conclusion contrasted with China's official policy that the main responsibility for ramping up action against climate change rests with developed nations. China, the world's biggest-emitting...

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Swedish steel company SSAB in $1.6 billion bid to merge with Finland's Rautaruukki

2014-01-22 10:31:22| Appliances - Topix.net

The Swedish steel company SSAB AB has made an offer to buy Finnish company Rautaruukki Oyj for 10.2 billion Swedish kronor to create a combined Nordic producer of high-strength steel.

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Nigeria - Investment of $2.57 billion to drive expansion in sugar production

2014-01-22 07:30:10| Sugar Industry News

Nigeria's sugar market of over 165 million consumers and opportunities for high returns on investment as over 95% of sugar consumed in the country is imported, have attracted $2.570 million (about N398, 350,000,000) investment from local and international investors, according to press reports from Nigeria.

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