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Net Lease Drug Store Cap Rates Compress Significantly

2013-11-06 16:29:00| National Real Estate Investor

Randy Blankstein Cap rates in the net lease drug store sector compressed significantly from the fourth quarter of 2012 to the third quarter of 2013. read more

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Voltas Ltd Q2 net down 1.51 per cent at Rs 42.28 cr

2013-11-06 15:44:30| Steel - Topix.net

Tata Group firm Voltas Ltd today reported 1.51 per cent decline in consolidated net profit at Rs 42.28 crore for the second quarter ended September 30, 2013-14.

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Vimpelcom net profit halves in Q3

2013-11-06 09:26:00| Telecompaper Headlines

(Telecompaper) Vimpelcom's net profit for the third quarter halved to USD 255 million from USD 538 million a year earlier, as the company suffered from competitive and regulatory pressures in key markets such as Russia, Italy and Ukraine. Revenues fell 1 percent to USD 5.685 billion, and EBITDA was down 2 percent to USD 2.474 billion. The EBITDA margin fell by half a percent point to 43.5 percent. Vimpelcom blamed the lower results on a number of government and regulatory effects, such as termination rate cuts in Italy and forced network shutdowns in Pakistan, as well as increased commercial costs in Ukraine and other markets. There was a 25 percent increase in capex to USD 1.040 billion in Q3, in part due to acquiring a 3G licence in Bangladesh. Operating cash flow fell 16 percent to USD 1.675 billion. Vimpelcom still grew its mobile customer base 5 percent year-on-year to 219 million at the end of September, mainly due to growth in Africa and Asia. CEO Jo Lunder said the group will continue to invest to support growth in mobile data services, particularly in Russia, while also taking measures to improve operations such as Ukraine.

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Verizon attacks Net neutrality in D.C. court

2013-11-05 19:18:11| InfoWorld: Top News

Net neutrality is about to have its day in court at last -- but that might not be a good thing for its supporters.

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Rural N.Y. Community Builds White Space Wireless Broadband Net

2013-11-05 14:37:41| Wireless - Topix.net

Some time ago, a small Adirondack town, located some four hours from New York City, pegged its wish for community-wide wireless broadband communications on the availability of TV white space spectrum.

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