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MTN agrees settlement with Nigerian Central Bank
2018-12-27 09:48:00| Telecompaper Headlines
(Telecompaper) MTN Group said it has reached an agreement with the Central Bank of Nigeria (CBN) over the repatriation of USD 8.1 billion from Nigeria to South Africa allegedly in breach of forex rules, and is withdrawing its cautionary share trading warning. It has agreed to pay a notional reversal of the 2008 private placement of shares in MTN Nigeria at a net cost of some NGN 19.2 billion (USD 52.6 million) but without admission of liability. The CBN said that certain certificates of capital importation (CCIs) used in the private placement had not been properly issued.
Tags: central
bank
settlement
agrees
Apple agrees to change Apple Pay after warning from Swiss regulator
2018-12-19 10:36:00| Telecompaper Headlines
(Telecompaper) Swiss competition commission Weko has agreed to a remedy by Apple that would prevent putting Swiss payment app Twint at a disadvantage in competing with Apple Pay. The automatic activation of Apple Pay on payment terminals can disrupt payments via the Twint app. After the intervention by Weko, as a redress, Apple has declared its readiness to provide a competition-friendly technical measure.
Tags: change
pay
apple
warning
EU agrees rules to facilitate access to online TV across borders
2018-12-13 13:30:17| Digital TV News
EU negotiators have agreed on proposed copyright legislation for TV and radio programmes. The new rules will make it easier for European broadcasters to make programmes available on their live TV or catch-up services online, and will simplify distribution by retransmission operators.
Openreach agrees compensation deal with 5 major UK ISPs
2018-12-11 01:00:00| Total Telecom industry news
The UK's broadband network infrastructure provider, Openreach, has agreed an automatic compensation deal for customers with 5 internet service providers, according to a report by the BBC…read more on TotalTele.com »
Tags: major
deal
compensation
agrees
Riverside (Calif.) district agrees to pay $6.2 million to settle suit accusing employee of molesting students
2018-12-05 20:30:20| American School & University
The lawsuit accused the district of failing to do background checks on technology aide Fernando Figueroa, who faces numerous criminal charges of sexual abuse of children.
Tags: pay
million
district
students
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