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Cogeco wants CRTC to back virtual wireless carriers as way to raise competition

2014-09-25 18:19:42| Telecom - Topix.net

Cogeco President and CEO Louis Audet speaks during a business luncheon in Montreal, Tuesday, January 28, 2014. Cogeco Cable Inc. says it will encourage Ottawa to allow the creation of a new type of wireless network that's been used successfully in other countries, but hasn't been available in Canada.

Tags: back way wireless virtual

 

Asia airlines raise hedging volumes on oil price fall

2014-09-25 11:39:20| Airlines - Topix.net

Airlines in Asia are stepping up jet fuel hedge volumes after oil prices fell below $100 a barrel this month, with some locking in fuel purchases as far out as 2016, suggesting airlines see oil prices bottoming. Airlines have been cautious about fuel hedging since 2008, when several large carriers scrambled to lock in fuel needs as oil prices surged above $100 a barrel for the first time - only to see them plummet to less than $50 by year-end as a global recession hammered travel demand.

Tags: price fall asia oil

 
 

Phoenix Challenge golfers raise funds for flexo education

2014-09-25 07:00:00| Label and Narrow Web Breaking News

Nearly 50 participants came together at the Stonebridge Golf Club in Monroe, NC to support the future of the flexo industry.

Tags: education funds challenge raise

 

Airport Officials To Congress: Raise Passenger Facility Charges

2014-09-24 18:46:02| ENR.com: Headline News

In terms of NextGen air-traffic-control technology, U.S. airports are ready for takeoff, but the industry is still waiting on the tarmac for progress on a key goal: raising the per-ticket passenger facility charge (PFC) to $8.50 from $4.50, to fund infrastructure projects.

Tags: charges facility officials raise

 

Rocket Internet sets IPO price range, to raise EUR 1.5 bln

2014-09-24 08:17:00| Telecompaper Headlines

(Telecompaper) German start-up incubator Rocket Internet has priced its initial public offering at EUR 35.50-42.50 per share, taking the value of company to around USD 8 billion. At the mid-point of the price range and including a greenshoe option, Rocket can expect gross proceeds of about EUR 1.477 billion. The company initially planned to raise EUR 750 million with its IPO. The expected proceeds include EUR 582.5 million from cornerstone investors, who along with existing shareholders have committed to a 12-month lock-up period. The free float after lock-ups will be 24 percent. Founded in 2007 by brothers Oliver, Alexander and Marc Samwer, Rocket Internet has set up e-commerce sites and online marketplaces in more than 100 countries. 

Tags: internet price range eur

 

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