7 May 2013
EASYJET PASSENGER STATISTICS FOR APRIL 2013
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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...
Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday
Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...
UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...
Eurozone crisis live: Japan's strong growth figures... PM Shinzo Abe's stimulus package could generate feelgood factor needed to end two decades of stagnant growthPhillip Inman
US telecoms group Verizon Communications denies reports that it wants to buy or merge with UK mobile operator Vodafone.
Excerpt from: Verizon denies Vodafone bid interest
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NEW YORK, March, 8, 2013
Oracle Expands Its Industry-Leading Communications OSS Suite
SAN JOSE, CA–February 4, 2013 – AltiGen Communications, Inc. (
What: AltiGen First Quarter Fiscal Year 2013 Conference Call
When: Wednesday, February 6, 2013 at 2:00 p.m. Pacific Time (5:00 p.m. ET)
Who: Jeremiah Fleming, Chief Executive Officer and President, and Philip McDermott, Chief Financial Officer
How: Dial (877) 407-8031 (domestic) or (201) 689-8031 (international) to listen in to the call. A live webcast will also be made available at www.altigen.com. A telephonic replay will be available approximately one hour after the call through March 5, 2013. To access the replay, dial (877) 660-6853 (domestic) or (201) 612-7415 (international), account #286 conference ID #408379.
Telecoms group offloads 51% of operation to Chinese state-owned Citic Telecom as it turns focus to Americas
Cable & Wireless Communications has acclaimed the completion of the corporate restructuring that has been under way since its de-merger from the wider telecoms group two years ago by selling its Macau business to a Chinese-government controlled operation.
The C&W chief executive, Tony Rice, described it as a “landmark day” as he announced the $750m (£460m) sale of 51% of the Macau operation to Citic Telecom, part of a business owned by the Chinese government.
Rice, who said there were no imminent plans to move the headquarters from London to the Caribbean, where its largest operations lie, added that once it had completed the sale of its business in Monaco it would end up with a positive cash position.
This would facilitate investment in the Caribbean and central American countries where CWC has been focusing its business since the de-merger in 2010 that also created Cable & Wireless Worldwide, now part of Vodafone.
Rice indicated that he expected the Caribbean and central American businesses to operate in a “more unified way”. “The disposal, when combined with our agreement to sell our Monaco business, is in line with the strategy we set out at our de-merger in 2010.
“Following completion of these transactions, we will be a focused pan-American regional operator, with a strong balance sheet, and we intend to pursue new growth opportunities, both organic and inorganic, in this region,” he said.