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Nokia may drop Here sale if price not right
2015-05-25 09:01:00| Telecompaper Headlines
(Telecompaper) Nokia may not sell its Here mapping unit if it doesn't attract the right price, according to Nokia CEO Rajeev Suri. In an interview with European Communications, he confirmed that the subsidiary has attracted "significant interest", but would not say who the bidders are. He did say that the quality of the bids is better than expected, but adds: "Let's give it more time We may not end up selling it if we don't get the right value." Suri confirmed the company's focus going forward will be networks. He also discussed integration plans for the planned merger with Alcatel-Lucent, saying Alcatel's submarine cable business will not be part of the new company. It will likely be sold or spun off as part of the merger with Nokia, Suri said. Nokia as the acquiring company will take the lead in the integration process with Alcatel-Lucent, which Suri expects to move quickly in the first 100 days. Nokia's "corporate culture, headquarters and values" will be implemented across the merged group, he said, noting a mistake was made at Nokia Siemens Networks to try and work with both the Nokia and Siemens' cultures.
UPDATE 1-Orix only confirmed bidder for Kansai airport rights after more drop out
2015-05-23 13:06:16| Grocery - Topix.net
Orix Corp and partner Vinci SA are the only firms to have placed a confirmed bid for $18 billion rights to run Japan's Kansai International Airport after people involved in the process said four additional companies including Mitsubishi Corp had dropped out. A tepid showing for the marquee project on the last day of bidding may bode ill for Prime Minister Shinzo Abe's effort to involve private companies in major infrastructure projects.
South Koreas Incheon Airport introduces self bag drop facility
2015-05-21 01:00:00| Airport Technology
South Koreas Incheon International Airport has installed Type22-built Scan&Fly system to offer self bag drop services to its passengers.
Lux Research: Li-ion battery costs to drop to as low as $172/kWh by 2025; big boost for EVs in mid- to late 2020s
2015-05-19 20:55:33| Green Car Congress
What a Difference a Few Months Can Make: How to Respond to the Oil Price Drop
2015-05-19 10:49:00| Offshore Technology
For five years, high-energy prices drove strong capital investment and strong profit margins throughout the industry. Those same economics also encouraged technical innovations that led to a rapid oil production increase and an increasingly oversuppl
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