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Tag: cable
Market Movers: AK Steel, General Cable lead local stocks higher
2013-02-19 22:07:56| Steel - Topix.net
AK Steel Holding Corp. and General Cable Corp. led a parade of big-company stocks that fueled Greater Cincinnati stocks' rise to a four-plus-year high.
Tags: general
local
market
lead
Time Warner Cable Downgraded by Zacks to Underperform
2013-02-19 22:00:34| Telecom - Topix.net
Zacks currently has $79.00 price target on the stock. Zacks' analyst wrote, "We downgrade our recommendation on Time Warner Cable to Underperform backed by the company's weak financial guidance for 2013.
Tags: time
cable
warner
time warner
Vodafone mulls cable bid
2013-02-19 17:45:46| Telecom - Topix.net
Vodafone moved closer to a possible 10 billion-euro bid for German cable operator Kabel Deutschland by hiring long-time banker Goldman Sachs to advise on options, a person with direct knowledge of the matter told Reuters on Tuesday.
Tags: cable
bid
vodafone
mulls
Telecom, Vodafone, Telstra partner on trans-Tasman cable
2013-02-19 09:37:00| Telecompaper Headlines
(Telecompaper) Telecom New Zealand, Vodafone and Telstra announced a non-binding memorandum of understanding to co-invest in the construction of a new submarine cable between Auckland and Sydney. The new cable, tentatively titled the Tasman Global Access (TGA) Cable, is expected to boost New Zealand's international connectivity as well as strengthen links into Asian markets. The total cost of the TGA cable is expected to be less than USD 60 million. The cable will incorporate three fibre pairs with a design capacity of 30Tbps, approximately 300 times the current internet data demand out of New Zealand. The TGA partners expect to finalise the design within the next few months, with a likely completion date of mid to late 2014. New Zealand already has four cable links to Australia, but local operators said they are seeing a rise in traffic from Australia as more businesses establish servers in New Zealand. The new link will also give New Zealand greater redundancy and access to Asutralia's stronger international connectivity onwards to the US and Asia.
Tags: partner
cable
telecom
vodafone
Telcos join forces for new trans-Tasman cable
2013-02-19 04:07:21| Telecom - Topix.net
Telecom NZ, Vodafone NZ, and Telstra have teamed up to co-invest in a new underwater cable between Auckland and Sydney.
Tags: join
cable
forces
telcos
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