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Competition conditionally approves SFR-Numericable merger

2014-10-28 09:17:00| Telecompaper Headlines

(Telecompaper) The French Competition Authority has given its conditional approval to the purchase of mobile and broadband operator SFR by cable operator Numericable and its parent company Altice. Numericable will open its cable network to Orange, Bouygues Telecom, Free and MVNOs wishing to offer fixed broadband services. Numericable has agreed to sell the copper network of business operator subsidiary Completel and will have to give business operators wholesales access to SFR and Completel's local fibre loop. Numericable will have to sell the Outremer Telecom mobile businesses in Reunion and Mayotte to allow a new competitor to emerge in these markets. Finally, Numericable has made a commitment to not communicate any strategic commercial information to Vivendi in markets in which they compete, namely pay TV in France and telecommunications in overseas French territories.

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Ofgem approves funding for Moray Firth subsea link in Scotland

2014-10-28 01:00:00| Power Technology

UKs Office of Gas and Electricity Markets (Ofgem) has proposed 1.1bn ($1.8bn) of funding for the new subsea electricity cable to connect the north of Scotland.

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Pfizer approves $11 billion stock repurchase plan

2014-10-24 02:57:07| Biotech - Topix.net

The New York company did not say when it would buy back the shares. Pfizer has $1.3 billion remaining from its latest stock repurchase program.

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Council approves Agriculture Week

2014-10-23 14:51:12| Agriculture - Topix.net

Agriculture Week has been unanimously declared by Yorkton Council for Nov. 3 to 9. Juanita Polegi, Executive Director of the Yorkton Chamber of Commerce made the request at the regular meeting of City Council Monday.

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FERC Approves Third Settlement in 2011 Southwest Blackout Case

2014-10-22 19:03:00| Transmission & Distribution World

The Federal Energy Regulatory Commission has approved a stipulation and consent agreement between FERCs Office of Enforcement and the North American Electric Reliability Corp., and Southern California Edison Co. that includes a $650,000 civil penalty and several compliance requirements. read more

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