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KPN outlines new targets, divisions at investors day
2016-03-08 11:18:00| Telecompaper Headlines
(Telecompaper) KPN has outlined its targets for 2016 and the medium term at its Capital Markets Day. According to the presentation to analysts, the strategy will shift from the previous 'strengthen, simplify, grow' to 'simplify, grow, innovate'. This has implications for the commercial, operational and financial strategy. The most important priorities in the coming years will be up- and cross-selling, growth in TV in the consumer market and in IT in the business market, completing the transformation of KPN Business, investing in access networks, integrating networks in a new operating model and transforming the balance sheet in order to support dividends.
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EU and UK at Odds over Recycling Targets
2016-03-07 21:29:00| Waste Age
LetsRecycle.com European Environment Commissioner Karmenu Vella has reaffirmed his rationale for new recycling targets shortly after the UK revealed its concerns over the proposals. read more
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KPN targets EUR 300 mln cost savings in new strategic plan
2016-03-07 08:47:00| Telecompaper Headlines
(Telecompaper) KPN has unveiled its new strategic plan at its annual Capital Markets Day. The previous plan from 2011 was known as 'Simplify, grow and innovate' and the latest version is headed 'Strengthen, simplify and grow'. The focus is on customer satisfaction, which should support growing revenues on the consumer market. The Dutch operator aims to increase the number of customers and the number of services per customers. KPN's ongoing cost-reduction programme targets savings of EUR 450 million compared to 2013. Further simplification is expected to lead to another EUR 300 million in savings in the period 2017-19. This will be based on simplifying and rationalising IT, systems and networks. The Dutch activities should see an improvement in the EBITDA margin of at least three percent points in the medium term compared to 38.3 percent in 2015. KPN said it invested "ahead of the curve" and can now reduce capex to 15-17 percent of revenue in the medium term, after 20.8 percent last year. This, along with lower interest and taxes, should lead to strong growth in free cash flow and growth in dividends.
New IDT Family Of RF Devices Targets Broadband And CATV Markets
2016-03-04 06:07:55| rfglobalnet Home Page
Integrated Device Technology, Inc.® (IDT®) (NASDAQ:IDTI) today expanded itsRF portfoliowith the addition of a new family of digital step attenuators (DSAs) optimized for the demanding requirements of the broadband and CATV markets. The ultra-high-linearity 75-ohm DSAs feature IDT's industry-first Glitch-Free™technology for enhanced performance.
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Green Climate Fund needs more staff to meet targets
2016-03-03 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The fledgling Green Climate Fund, which aims to become a major channel for finance to tackle climate change in poorer nations, will need more staff if it is to meet a goal of allocating $2.5 billion this year for clean energy and adaptation projects, its executive director said. Héla Cheikhrouhou told the Thomson Reuters Foundation she will ask the fund's board to approve an increase of between 80 and 120 new staff when it meets next week. The higher number would triple the size of the fund's secretariat....
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