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ERF Wireless Signs Multi-Million Dollar Letter of Intent to Sell a Portion of Non-Core Network Asset
2014-05-21 21:50:26| Wireless - Topix.net
ERF Wireless Inc. , the operator of the nation's largest terrestrial wireless broadband network servicing the domestic oil and gas sector, today announce that it has signed and confirmed a multi-million dollar Letter of Intent with one of the nation's largest network operators that desired to obtain specific assets from the ERF Wireless family of ... (more)
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Eutelsat to sell German business KabelKiosk to M7
2014-05-20 09:33:00| Telecompaper Headlines
(Telecompaper) Satellite operator Eutelsat announced the sale of its KabelKiosk service to pay-TV operator M7. KabelKiosk provides a platform of digital channels and interactive services for cable and IPTV networks in Germany. The sale includes a long-term agreement for M7 to lease multiple transponders at Eutelsat's 9 degrees East orbital position. Eutelsat will also continue to provide uplink services for the KabelKiosk platform from its teleports in Italy and France. In addition, Eutelsat and M7 Deutschland plan to establish a strategic partnership for connected TV, combining broadcast and on-demand video services. The acquisition marks Luxembourg-based M7's entry on the German market; it is already active in a number of neighbouring countries, such as the Netherlands, Belgium and Czech Republic and recently launched on the same Eutelsat orbital slot in Hungary. In addition to further growing the KabelKiosk business, it plans to invest in new IPTV and OTT delivery platforms for Germany. KabelKiosk generated EUR 25 million in revenue in Eutelsat's 2012-2013 financial year. No financial details of the acquisition were disclosed. Subject to regulatory approvals, the sale is expected to close in July.
Ally shares may face bumpy road as private investors sell
2014-05-19 08:01:21| Auto Dealers - Topix.net
More than half of Ally Financial Inc's shares could hit the market beginning next week and lasting through August, holding back its share price.
Rep. Cynthia Lummis and family sell ranch; now ita s being drilled for oil
2014-05-17 14:19:23| Oil & Gas - Topix.net
Drill, baby, drill? Rep. Cynthia Lummis, the Wyoming Republican whose real-estate portfolio is worth millions, and her family recently sold a 5,000 acre ranch they owned - and now an oil developer is drilling on the property.
Video: Do I really need a real estate agent to sell my house?
2014-05-16 16:31:13| Real Estate - Topix.net
Potential homebuyers and sellers are asking if they need a real estate agent as the housing market heats up.
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