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Nokia to pay EUR 1.7 bln for rest of Nokia Siemens Networks

2013-07-01 07:37:00| Telecompaper Headlines

(Telecompaper) Nokia has entered into a definitive agreement to pay EUR 1.7 billion to buy Siemens' 50 percent of mobile network equipment joint venture Nokia Siemens Networks. The transaction includes EUR 500 million borrowed from Siemens, to be paid back a year after completion. The operation has been approved by the two companies' boards and is expected to close before the end of September. Nokia plans to keep existing management and will announce the subsidiary's new name at closing. Siemens will continue to concentrate on its core areas, which no longer include telecom.

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ATA to Host Executive Summit on Making Trucking Technology Pay Off

2013-07-01 06:00:00| Industrial Newsroom - All News for Today

Scheduled for Dec 4-6, ATA Executive Summit will explore strategies that maximize payback for fleets that make investments in technological advances and data analysis. Under banner of Technology-Driven Performance, Analytics and Answers, summit will feature sessions on improving fleet efficiency, using analytics and communications to bolster supply chain, and advancements in truck technology. Event is a sequel to ATA's executive summit last year on future role of natural gas as motor fuel. This story is related to the following:Trade Associations

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Vodafone India proposes to pay 40bn rupees for licence extensions

2013-07-01 02:00:00| Total Telecom industry news

Mobile operator's previous request to extend licences in Delhi, Mumbai and Kolkata was rejected.

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Sony Corp. CEO Kazuo Hirai's Annual Pay Rises 74 Percent to $1.6 Million

2013-06-28 12:24:17| Electronics - Topix.net

The conglomerate's boss also received stock options for 200,000 company shares as Sony returned to its first profit in five years.

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U.S. senator criticizes incentive pay for work at Hanford vit plant

2013-06-28 10:03:27| Waste Management - Topix.net

A U.S. senator criticized incentive pay given to Bechtel National for its work at the Hanford vitrification plant during a hearing Thursday on Department of Energy environmental cleanup contracting policies.

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