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Telstra, San Miguel end talks on Philippines joint venture
2016-03-14 08:39:00| Telecompaper Headlines
(Telecompaper) Telstra and San Miguel have ended talks on a possible joint venture in the Philippines mobile market. The two started talks last year but said they were unable to reach a commercial arrangement on the investment plans. "Despite an enormous amount of effort and goodwill on all sides, we were simply unable to come to commercial arrangements that would have enabled us all to proceed," Telstra CEO Andrew Penn said in a statement. Telstra has offered to continue technical network design and construction consultancy support to San Miguel, should it decide to go ahead alone with the plans. Telstra said it will also continue to look at investments in Asia, "guided by our capital management framework", in order to support earnings growth and shareholder returns. The Australian company had considered investing up to USD 1 billion in the Philippines joint venture.
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Telstra ends Philippines JV talks with San Miguel
2016-03-14 01:00:00| Total Telecom industry news
Filipino conglomerate reiterates commitment to launching mobile services.
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US Navy's San Antonio-class USS John P Murtha (LPD 26) completes builder's trials
2016-03-08 01:00:00| Naval Technology
The US Navy's tenth San Antonio-class amphibious transport dock John P Murtha (LPD 26) has successfully completed builder's trials.
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San Bruno explosion: Grand jury investigating new obstruction charges against PG&E
2016-03-07 22:28:58| Energy - Topix.net
A federal grand jury is investigating at least one new instance of obstruction of justice against PG&E in connection with a fatal explosion in San Bruno, and the utility also raised the specter in court papers on Monday that it could be harmed by media publicity before its trial begins March 22. "The government has disclosed in a telephonic hearing before this court that a current, ongoing grand jury is investigating potential obstruction" against PG&E. That grand jury probe is in connection with an already existing obstruction of justice that is one of the 13 charges that PG&E must face in the case.
Amazon to open its second bricks-and-mortar bookstore in San Diego
2016-03-07 19:14:13| Real Estate - Topix.net
Store signage and online job postings indicate that Amazon.com Inc. will open a second physical bookstore, this time in San Diego. The new location will be at the Westfield UTC mall, a high-end outdoor shopping mall that the San Diego Union Tribune reports is similar in style to the Seattle-area mall where Amazon's first bookstore is housed.
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