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2degrees to float to fund network rollout

2016-05-04 02:00:00| Total Telecom industry news

New Zealand mobile operator preparing for IPO that will raise up to NZ$150 million, sources say.

Rupert Murdoch's News Corp and Telstra delay $8 billion Foxtel float plans

2016-04-17 16:30:47| Telecom - Topix.net

Rupert Murdoch's News Corporation and Telstra have postponed their planned $8 billion initial public offering of Foxtel until 2017 due to the sheer volume of work that needs to be done to prepare their structurally challenged pay television joint venture for a sharemarket listing. Sources say that plans for an IPO in the second half of 2016, revealed by Fairfax Media in March , have been scrapped, with advisors now working to a less aggressive timetable for the deal including a pre-float merger of Foxtel with Fox Sports, which is owned by News Corp. Telstra, which owns the other 50 per cent of Foxtel, has led the push for an IPO.

Tags: news plans corp delay

Wesfarmers, Mineral Resources back Hazer Group float

2015-12-02 08:10:24| Agriculture - Topix.net

Two prominent Perth companies have put their weight behind the state's newest technology listing, Hazer Group, which finished its debut trading day at a slight premium on Wednesday. Upon listing, Chris Ellison's mining services company Mineral Resources was the company's third largest shareholder with 2 million shares for a 3.27 per cent stake.

Tags: back group resources mineral

Jotron celebrates one year of operation since launch of the worlds first float free VDR capsule

2015-10-15 10:20:00| Offshore Technology

In September 2014, after several years of development in close collaboration with major VDR manufacturers, the Jotron combined float-free emergency position indicating radio beacon (EPIRB) and float-free storage medium, was released to the internatio

Tags: free year operation launch