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Telecom Italia values fixed network at 6x EBITDA - report
2013-05-23 11:44:00| Telecompaper Headlines
(Telecompaper) Telecom Italia is said to have valued its fixed-line network at around six times annual EBITDA from the operations, as part of preparations to spin off the network infrastructure into a new company. According to company documents seen by Bloomberg, the network is valued at about EUR 14 billion. Sales at the new company, called Opac SpA, are forecast to slip 0.3 percent this year to EUR 4.6 billion, while EBITDA is forecast down 1.6 percent to EUR 2.33 billion. The valuation is based on a multiple of six times EBITDA, said a person with knowledge of the matter. Telecom Italia's board is scheduled to meet 23 May to complete a review of the spin-off plan. The operator is considering a sale of an initial 30 percent stake in the new company to state lender Cassa Depositi e Prestiti after a separation. The proceeds would be used to reduce the company's debt and invest in expanding network coverage. Italy's government is in favor of naming a CDP executive to oversee the new company as its chairman and to ensure a level playing field for other carriers, while Telecom Italia could name its CEO, another source told Bloomberg.
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fixed
Auto/Mate and Xtime Integrate to Enhance Customers Fixed Ops Experience
2013-05-20 05:14:37| AutomotiveDigest.com - Automotive Industry News
Fixed ops are becoming a larger source of dealer revenue. Customers are also expecting more from that service experience for scheduling and solid customer service. Consumers expect a lot more from the dealership service experience, said Neil East, CEO of Xtime. Auto/Mate Dealership Systemss AMPS Dealership Management System is now fully integrated with Xtime, a leading cloud-based customer retention management and scheduling platform for automotive service. Dealers using AMPS can now take advantage of seamless, bi-directional data exchange with Xtime Service CRM to improve customer relationships in their service departments. Making the service experience better for customers is important to stay competitive, said Mike Esposito, President and CEO of Auto/Mate Dealership Systems. Click here for details on the service integration and what it means for dealer service departments. The Article Auto/Mate and Xtime Integrate to Enhance Customers Fixed Ops Experience appeared first on Automotive Digest.
Tags: experience
customers
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enhance
Kepler, seeker of Earth-like exoplanets, is broken and NASA isnt sure if it can be fixed
2013-05-16 17:00:06| Extremetech
Back in March of 2009, the Kepler space telescope launched into the universe with the goal of identifying Earth-like planets. Over the years, it did manage that mission, occasionally finding a planet located in the habitable zone orbiting its star. Now, NASA is reporting that the space telescope is suffering from a detrimental ailment, and might be dead in the proverbial space water.
Highly critical vulnerability fixed in Nginx Web server software
2013-05-08 14:02:20| InfoWorld: Top News
The development team behind the popular Nginx open-source Web server software released security updates on Tuesday to address a highly critical vulnerability that could be exploited by remote attackers to execute arbitrary code on susceptible servers. Identified as CVE-2013-2028, the vulnerability is a stack-based buffer overflow and was first introduced in the Nginx 1.3.9 development version back in November 2012. The flaw is also present in the 1.4.0 stable version released last month.
Tags: web
software
server
highly
Online Scheduling Tools Create Efficiency in Fixed Ops
2013-04-25 19:41:08| AutomotiveDigest.com - Automotive Industry News
Editorial comment: Jim Leman, who writes about finance and insurance issues for the auto industry, takes it a step further in this article written for Wards Auto by touting the benefits of online scheduling tools in dealership Service Departments. Says Leman: At first, most dealership customers were reluctant to use online scheduling for service appointments. Now, they appear to expect it. Online appointments and other scheduling technologies have been at dealership service departments disposal for some time. But they are gaining more widespread use for a variety of reasons. Those include technology advancements that have made them easier and more convenient for customers to use. Leman specifies the value of online scheduling tools by talking with those in the know, experts who invented an online scheduling program, teach dealers about it at NADA University and those who use it in their dealerships. [Read more]The Article Online Scheduling Tools Create Efficiency in Fixed Ops appeared first on Automotive Digest.
Tags: online
tools
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fixed
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