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Lee and Lenox plan joint solar array to lower town electric bills
2015-08-24 00:23:59| Paper - Topix.net
The neighboring towns' boards of selectmen have agreed on a plan to share a 20-year solar energy net meter-credit purchasing agreement if Willow Hill Road LLC builds a 2.6-megawatt solar array near Lee's capped landfill. Willow Hill, a subsidiary of Energy Management Inc. in Boston, plans to install pole-mounted solar panels on a former landfill owned Schweitzer-Mauduit International.
China Unicom H1 profits up on lower costs, broadband growth
2015-08-21 10:35:00| Telecompaper Headlines
(Telecompaper) China Unicom reported revenues for the first half of 2015 down 3.3 percent from a year earlier to CNY 144.69 billion. Services revenue fell 5.3 percent, with mobile revenues down 9.7 percent to CNY 73.46 billion and fixed revenues up 2.2 percent to CNY 46.19 billion. Unicom blamed the drop on the changes to VAT in China and changes to its sales and marketing model. The latter resulted in reduced handset subsidies and operating costs, helping EBITDA for the period increase 5.8 percent to CNY 50.46 billion. Net profit was up 4.5 percent to CNY 6.99 billion. The operator highlighted the focus on broadband services, with 3G and 4G now accounting for 71.8 percent of mobile service revenue, up from 66.9 percent a year ago. The number of mobile broadband subscribers increased by 8.68 million in the six months to 157.79 million at the end of June, equal to 54.5 percent of total mobile subscribers, up by 6.8 percentage points over the same period last year. Data usage by handset subscribers grew by 47.4 percent year-on-year, and the average monthly data traffic for mobile broadband customers was up 34.1 percent.
Tags: china
lower
costs
growth
Weekly Cattle Market Wrap-Up | Feeder cattle market closes lower
2015-08-20 12:11:00| Beef
The market was progressively lower as the week progressed, following the decline on the CME, along with the fact that many feedlot closeouts have been negative lately. Audio File: Beef mag fdr ctl and cow audio 2015 08 20.mp3 read more
Tags: market
lower
weekly
cattle
Weekly Cattle Market Wrap-Up | Feeder cattle market closes lower
2015-08-20 12:11:00| Beef
The market was progressively lower as the week progressed, following the decline on the CME, along with the fact that many feedlot closeouts have been negative lately. Audio File: Beef mag fdr ctl and cow audio 2015 08 20.mp3 read more
Tags: market
lower
weekly
cattle
Axiata revenue, EBITDA lower in Q2 on 'challenging' markets
2015-08-20 09:53:00| Telecompaper Headlines
(Telecompaper) Asian mobile operator Axiata reported second-quarter revenue down 0.5 percent year-on-year to MYR 4.707 billion, while EBITDA declined 1.6 percent to MYR 1.715 billion. Net profit increased 34.2 percent to MYR 611 million and was down 2.7 percent to MYR 617 million after adjusting for one-time items. Axiata said it had a challenging first half to the year as expected, with revenue declines in its largest markets Malaysia and Indonesia not offset by growth in Bangladesh, Sri Lanka and Cambodia. Adjusted for currency effects, revenue fell 3.5 percent year-on-year in Q2 and EBITDA was down 4.6 percent, hurt by the weaker ringgit. The company said it did some small signs of improvement, with Celcom in Malaysia returning to net subscriber growth and quarterly growth in sales and EBITDA in Indonesia. Capital expenditure jumped 61.5 percent year-on-year to MYR 1.194 billion in Q2, or 25.4 percent or revenue, led by mobile data expansion in Bangladesh and Cambodia, while operating cash flow fell 66.8 percent to MYR 244 million. Net debt was stable at 1.25 times EBITDA, and Axiata had MYR 5.447 billion in cash at the end of the period. Axiata said it will remain challenging to reach its full-year targets of 4 percent growth in revenue and EBITDA, amid currency risks in Malaysia and Indonesia and increased competition in Malaysia and Bangladesh. It maintained its target for annual capex of MYR 4.8 billion.
Tags: lower
markets
revenue
challenging
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