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FCC pauses Charter, Time Warner Cable probe

2016-01-05 01:00:00| Total Telecom industry news

U.S. regulator gives itself 15 days to examine documents from cablecos, covering pricing and investment plans, impact on regional sports networks.

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Volkswagen Pauses Bond Issuance Amid Emissions Cheating Scandal

2015-11-14 12:08:41| Automakers - Topix.net

Volkswagen AG has put bond financing on hold as it grapples with uncertainty over the ultimate cost of the emissions cheating scandal. The company needs time to update the documentation required to sell bonds and other financing instruments to reflect potential fines and penalties, it said in an e-mailed statement.

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Altice pauses acquisition spree

2015-09-25 08:30:00| Telecompaper Headlines

(Telecompaper) Altice CEO Dexter Goei said the company will take a break from its acquisition spree, following the agreement to buy Cablevision. "We owe it to our investors, both on the debt and equity side, to pause on the pace of the acquisitions, particularly on the sizable ones," Goei said in an interview with Bloomberg. The pause could be a few months to a couple of years. "Six to nine months is nothing. We may pause for two years because we still have a huge amount of organic growth internally," Goei said. "The only thing that would make us scratch our heads is if Cox came up and said 'I'm going to auction my business.'" Cox Communications spokesman Todd Smith said the company was not for sale, "though we are open to anything that would help us grow." By taking a breather on more acquisitions, Altice has a chance of managing the current costs and building up its cash supply to help pay down debt next year, Goei said, noting "we can see ourselves deleveraging very aggressively in 2016".

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Environmentally friendly green bonds' growth spurt pauses

2015-07-01 17:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Issuance of green bonds for financing low-carbon transport and other environmentally friendly projects has flattened after tripling last year, with some companies seeing little price advantage and possibly higher costs from selling the debt. Deals for green bonds, including the first by issuers in India, totaled $18.22 billion in the six months through June, data from the non-profit Climate Bond Initiative showed on Wednesday. That global pace suggests 2015 sales will match last year's $36.6 billion,...

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