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FCC raises record USD 44.9 bln in spectrum auction

2015-01-30 08:52:00| Telecompaper Headlines

(Telecompaper) The FCC has completed the AWS-3 spectrum auction, raising USD 44.9 billion from the sale of 65 MHz of frequencies in the 1,700 MHz band for mobile services. The proceeds were the most ever raised from a spectrum auction in the US, according to FCC chairmn Tom Wheeler. Part of the proceeds will go towards government programmes to expand broadband access. AT&T and Verizon are thought to be the main participants in the auction, and T-Mobile and Dish Network are also likely to have participated. Sprint said earlier it would not bid. The FCC will release details of the local licences bidders later.

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DuPont to Cut Bonuses, Delay Raises

2015-01-30 01:45:20| Chemicals - Topix.net

DuPont Co. plans to cut bonus payments and delay raises for this year, said a person familiar with the matter, as the chemical company grapples with slower-than-expected growth and an activist investor's push to split the company.

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TSB raises concern over Transport Canada's response to rail safety measures

2015-01-30 01:00:00| Railway Technology

The Transportation Safety Board of Canada (TSB) has said it is concerned about Transport Canada's (TC) response to the recommendations of its investigation on the train derailment in Quebec in 2013.

Tags: response safety transport measures

 

Cargomatic raises $8 million to 'Uberize' local trucking

2015-01-29 19:03:32| Trucking - Topix.net

With $8 million new funding, the Uber for local trucking is ready to hit the road. Cargomatic , a Venice-based startup that connects local shippers with local truckers, has closed its Series A round led by Canaan Partners.

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Cargomatic raises $8 million to 'Uberize' local trucking

2015-01-29 19:03:31| Trucking - Topix.net

With $8 million new funding, the Uber for local trucking is ready to hit the road. Cargomatic , a Venice, Calif.-based startup that connects local shippers with local truckers, has closed its Series A round led by Canaan Partners.

Tags: local million raises trucking

 

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