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China's carbon goal a tough sell in coal country

2014-12-02 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: The black slabs of coal came in by the truckload through this dusty valley in northern China, slated to power cement and steel plants, heat the houses of poor farmers and even grill skewers of lamb and beef. Just a few dozen miles from the capital of Beijing, in Hebei province, coal use has long been a way of life here, with countless house-sized mounds of it dotting the forest floor. Yet the soot-covered residents of Tang County said they see change coming as Chinese leaders pledge to cut back...

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Ntelos to sell spectrum to T-Mobile

2014-12-02 14:02:00| Telecompaper Headlines

(Telecompaper) Sprint affiliate operator Ntelos announced plans to narrow its focus and sell part of its spectrum holdings to T-Mobile US. Following a strategic review, the mobile operator has decided to focus on West Virginia and the western part of Virginia where its market presence is strongest and exit the eastern Virginia market. Its 1,900 MHz band spectrum in the Hampton Roads/Norfolk and Richmond markets will be sold to T-mobile for USD 50.6 million cash. Pending FCC approval, the transaction is expected to close in April 2015. Ntelos will wind down its network and retail operations in its eastern markets over the next year and transition its subscribers to another, unnamed carrier. The shutdown is expected to cost around USD 55 million. In the western markets, Ntelos plans to strengthen its position with the expansion of LTE services, improved retail performance and enhanced service capabilities. The western markets already represent 59 percent of its customers and 69 percent of its cell sites. In addition, Ntelos said it's exploring potential opportunities to monetize other non-core assets, including the sale of owned towers and undeployed spectrum. 

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Rolls-Royce to Sell Turbine & Compressor Business to Siemens

2014-12-02 13:02:05| Industrial Machines - Topix.net

Rolls-Royce confirmed today that it has completed the deal to sell its Energy gas turbine and compressor business to Siemens for a 785 million cash consideration. The deal was originally announced on 6 May this year.

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Samsung Electronics to sell fibre optics business to Corning

2014-12-02 10:51:29| Telecom - Topix.net

South Korea's Samsung Electronics Co Ltd said on Tuesday that it will sell its fibre optics business to U.S. glass panel supplier Corning Inc, without disclosing terms of the sale. The sale will include Samsung Electronics' production facilities for the business in China and South Korea, the company's spokeswoman said.

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Samsung Electronics to sell fiber optics business to Corning

2014-12-02 10:51:28| Telecom - Topix.net

South Korea's Samsung Electronics Co Ltd said on Tuesday that it will sell its fiber optics business to U.S. glass panel supplier Corning Inc, without disclosing terms of the sale. The sale will include Samsung Electronics' production facilities for the business in China and South Korea, the company's spokeswoman said.

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