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Samsung In Talks With BlackBerry About $7.5 Billion Buyout: Source

2015-01-25 07:34:07| Telecom - Topix.net

An Unidentified woman twits with her black berries during a press conference in Lagos, Nigeria. Tuesday, Sept.

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Barack Obama's India visit: Climate change talks high on the agenda between India and US

2015-01-25 02:34:00| Climate Ark Climate Change & Global Warming Newsfeed

Economic Times: Climate change will figure high on the list on the agenda at Sunday's meeting between Prime Minister Narendra Modi and President Barack Obama, especially as both leaders are personally invested in addressing the issue. The expected outcome, unlike the high voltage political deal with China, will focus mostly on technology and finance partnership in the area of clean energy. This will not preclude discussions on more politically contentious issues of mandatory domestic manufacturing component for...

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Hazy skies the backdrop for Obama's climate talks in India

2015-01-23 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: When President Barack Obama arrives in New Delhi on Sunday he will join the Indian capital's masses in breathing some of the world's filthiest air. Hazy skies will serve as the backdrop to meetings with Indian Prime Minister Narendra Modi and other officials who are expected to discuss India's biggest environmental woes: Heavy reliance on fossil fuels that has transformed New Delhi into the planet's most polluted capital and made India the third biggest national emitter of greenhouse gases. With...

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Hutchison in exclusive talks to buy O2 UK for GBP 10.25 bln

2015-01-23 08:49:00| Telecompaper Headlines

(Telecompaper) Hong Kong's Hutchison Whampoa, the parent company of mobile operator 3 UK, announced that it has entered into exclusive talks with Telefonica about the acquisition of mobile operator O2 UK for GBP 9.25 billion in cash to be paid at closing and a further GBP 1 billion after the combined cash flow of 3 UK and O2 UK reaches an agreed threshold. Hutchison said that the transaction remains subject to due diligence over O2, agreement on terms and corporate and regulatory approvals. Separately, Hutchison finance director Frank Sixt told the Financial Times that the acquisition would be completed around the middle of 2016, assuming regulatory approval. Hutchison thinks it can find GBP 3 billion to GBP 4 billion of synergies through the merger. Analysts estimate that at GBP 10 billion, the price reflects 7-8 times 2015 estimated earnings, in line with what BT is paying for EE.

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Li Ka-shing in talks to buy O2

2015-01-23 06:22:51| BBC News | Business | UK Edition

Asia's richest person Li Ka-shing is in talks to buy Britain's second-largest mobile provider O2 for up to 10.25bn ($15.4bn).

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