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Vodafone also interested in Metroweb stake report

2014-11-06 10:22:00| Telecompaper Headlines

(Telecompaper) Vodafone has joined the competition for a stake in Milan-based broadband provider Metroweb, according to unnamed sources cited by the Ansa news agency. The report suggests that Vodafone may be interested in bidding for the 54 percent stake in holding company Metroweb Italia owned by infrastructure fund F2i. Last month Telecom Italia confirmed that CEO Marco Patuano had been given a mandate to make an offer for Metroweb, a possibility that was welcomed at the time by Metroweb CEO Alberto Trondoli, who said the transaction would make "great sense, especially from an industrial standpoint". Vodafone already offers a 300 Mbps broadband service over Metroweb's fibre-optic network in Milan and has plans to expand the service to another 30 Italian cities, starting with Bologna. Metroweb is 87 percent controlled by Metroweb Italia, 54 percent of which is in the hands of F2i, with state-backed holding company Cassa Depositi e Prestiti (CDP) owning 46 percent and Italian broadband operator Fastweb retaining an 11 percent stake.

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Alibaba, Apple interested in teaming up on mobile payments

2014-10-28 09:30:00| Telecompaper Headlines

(Telecompaper) Chinese e-commerce giant Alibaba Group is interested in teaming up with Apple on mobile payments, according to comments from Alibaba executive chairman Jack Ma and Apple CEO Tim Cook. Speaking at at the WSJDLive tech conference in Laguna Beach, California, Ma agreed that it made sense for his company's Alipay Wallet mobile system to partner with Apple Pay. "I hope we can do something together," said Ma, adding that it should be a "marriage" that both sides want. Cook subsequently confirmed he would like to work with Alibaba and that he would be meeting with Ma later this week to discuss potential partnerships. "We're going to talk about getting married later this week," he said. Since raising USD 25 billion in an IPO in September, Alibaba shares have risen 44 percent and the company has a market capitalisation of more than USD 240 billion, making it larger than Amazon and eBay combined. According to comments made by Ma at the WSJDLive conference, Alibaba's payment service, Alipay, currently has over 300 million active users and even allows users to pay for hospital fees and rent cars.

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Interested in codes regarding Small Business

2014-10-10 23:38:55| PortlandOnline

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Developers interested in grocery store next to apartments in uptown Charlotte

2014-10-10 23:35:29| Grocery - Topix.net

A new grocery store would provide a spark to the North Tryon corridor, but the economics of such a deal are difficult, says Todd Williams, an executive vice president with Grubb Properties. The developers behind the SkyHouse Uptown apartment tower are working to bring a grocery store to the same block, a potential development that could provide a spark to the north end of uptown Charlotte.

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