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Tag: govt
KPN works council calls on govt to block takeover
2013-08-29 13:54:00| Telecompaper Headlines
(Telecompaper) KPN's central works council (COR) has called on the government to block the proposed takeover of the Dutch operator by America Movil in the name of public interest. In a letter to the cabinet and parliament, the COR urged politicians to use their influence and introduce legislation to protect KPN from the takeover. The works council includes representatives of KPN's main unions and must be consulted by management in the event of major changes at the company. The COR said its concerned about the continuity of service and employment at KPN if the new owner takes over. KPN's management is in talks with America Movil about the organisation post-takeover, before it decides whether to recommend the takeover to shareholders. However, the COR noted that current Dutch law is not strong enough to ensure such any agreements are upheld, as once a shareholder gains majority control, it can appoint new management or ignore the agreements with management. If KPN were to remain an independent Dutch company, the council pledged to do all it can to ensure the group's profitability and added value for Dutch society. The council hopes to hold talks with the government and MPs on the question.
Tags: works
block
council
calls
HTC working with China govt on smartphone OS
2013-08-28 02:00:00| Total Telecom industry news
Taiwanese handset maker pins recovery hopes on helping China develop homegrown software to counter U.S. tech giants.
Tags: working
china
os
smartphone
Govt forges ahead with port expansion
2013-08-24 05:52:44| Logistics - Topix.net
Government investments in the transport sector are set to expand capacity at Kuwait's ports over the next several years.
Tags: port
ahead
expansion
govt
Bunge may buy U.S. govt sugar in plan to reopen ethanol plant -sources
2013-08-22 02:56:17| Food - Topix.net
Agribusiness Bunge Ltd is considering buying sugar from the U.S. government through the fledgling "sugar-for-ethanol" program to reopen its biofuels plant in Mississippi, according to two industry sources.
Bunge may buy U.S. govt sugar in plan to reopen ethanol plant -sources
2013-08-22 00:50:19| Agriculture - Topix.net
Agribusiness Bunge Ltd is considering buying sugar from the U.S. government through the fledgling "sugar-for-ethanol" program to reopen its biofuels plant in Mississippi, according to two industry sources.
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