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Grid-integrated Electricity Storage In Texas Could Provide Substantial Net Benefits
2014-11-12 20:36:00| Transmission & Distribution World
A report released by economists at The Brattle Group finds that the deployment of grid-integrated distributed electricity storage in Texas could provide substantial net benefits to the power system in ERCOT and its electricity customers. Content Classification: Curated read more
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Verizon optimistic FCC will make 'right' decision on net neutrality
2014-11-12 18:47:24| IT Services - Topix.net
Verizon Communications Inc is optimistic the Federal Communications Commission will make the "right" decision in legislating rules to regulate how Internet service providers manage their Web traffic, the company's chief financial officer told investors at a conference on Wednesday.
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VIDEO: Net Neutrality Battle Begins Anew
2014-11-12 18:03:42| PC Magazine Software Product Guide
President Obama wants strict net neutrality rules, but can the FCC pull it off?
US and China jointly announce GHG reduction targets; US to cut net GHG 26-28% by 2025, China to peak CO2 by ~2030
2014-11-12 10:55:26| Green Car Congress
Vimpelcom sales down 9% in Q3, net profit halves
2014-11-12 09:09:00| Telecompaper Headlines
(Telecompaper) Vimpelcom's net profit more than halved in the third quarter, to USD 104 million from USD 255 million a year ago, due to costs for refinancing its Italian subsidiary Wind and negative currency effects. EBITDA declined 11 percent to USD 2.21 billion, and revenues fell 9 percent to USD 5.15 billion. On an organic basis, revenues fell 3 percent in Russia, 6 percent in Ukraine, 2 percent in Italy and 4 percent in its Asia and Africa division. Only the CIS division showed growth of 5 percent. Vimpelcom said the operating results were affected by macroeconomic weakness, currency fluctuations and operational problems in some markets. Its transformation programs in Russia, Ukraine and Pakistan are on track and those in Bangladesh and Kazakhstan are already delivering results. While Italy remains a weak market, the company said it sees an improving trend at Wind. Following the Wind refinancing and the expected closing of the sale of the Algerian operations by year-end, the group expects to reduce annual interest charges by USD 0.7 billion. The operator's capex was up 4 percent year-on-year to USD 964 million in Q3 excluding licence payments, while operating cash flow fell 4 percent to USD 1.61 billion. Net debt fell 6 percent compared to Q2 to USD 21.74 billion, or 2.5 times annual EBITDA.
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