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L1 withdraws offer to support Oi after TIM walks away

2016-02-26 09:29:00| Telecompaper Headlines

(Telecompaper) Brazilian operator Oi announced that LetterOne Technology (L1 Technology) has issued a press release stating that it has been informed by TIM that TIM does not wish to enter into further discussions about a business combination with Oi in Brazil. L1 Technology said that, without TIM's participation, L1 Technology can't proceed with the proposed transaction as previously envisaged. Given this information, Oi said it will evaluate the impact of the possibility of consolidation of the Brazilian market.

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LetterOne withdraws Oi funding offer as TIM walks away

2016-02-26 01:00:00| Total Telecom industry news

Russian investment group still on lookout for opportunities in Brazil; Oi shares plunge.

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Technicolor withdraws from the HEVC Advance patent pool

2016-02-03 18:30:40| Digital TV News

Technicolor (Euronext Paris: TCH; OTCQX: TCLRY) has decided to license its HEVC IP portfolio directly to device manufacturers rather than through the HEVC Advance patent pool in order to accelerate adoption of the standard.

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Fitch Withdraws 'A+' IFS Ratings on Two Merged Subsidiaries of Markel Corporation

2016-01-25 20:10:17| Beverages - Topix.net

CHICAGO, January 25 Fitch Ratings has withdrawn the 'A+' Insurer Financial Strength ratings for Deerfield Insurance Company and Alterra Excess & Surplus Insurance Company. The withdrawal is the result of the companies' mergers with the surviving entities, Markel Insurance Company and Evanston Insurance Company, respectively, which Fitch currently rates 'A+' for IFS.

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Keystone XL developer withdraws Nebraska route application

2015-11-19 15:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: The developer of the Keystone XL pipeline has withdrawn its application for route approval through Nebraska, but a spokesman says the Canadian company reserves the right to reapply. TransCanada made the announcement Wednesday, a day before it was scheduled to appear before the Nebraska Public Service Commission for a planning conference. Before President Barack Obama rejected a federal permit for the project, Nebraska had been a major roadblock because of lawsuits filed by landowners and environmental...

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