Telstra in talks to buy into Philippines operator, eyes 700MHz holding

first_img Related Telstra to delist from New Zealand exchange Telstra earmarks $116M to boost rural coverage Australia’s largest operator Telstra confirmed it has been in talks for several months with the Philippines’ San Miguel Corp (SMC), one of the largest conglomerates in the region, about investing in a local mobile operator.Telstra said in a filing to the stock exchange that financing is being sought for a wireless joint venture in the Philippines with SMC. “We are in discussions… However, no agreements have been reached and there is no certainty that this will occur.”Both firms reportedly have been preparing for a partnership, which could be worked out within months, with SMC hiring telecoms staff and Telstra picking up employees with local knowledge, the Sydney Morning Herald said.SMC, a beverage and packaging company, is the country’s largest corporation by revenue. It recently has taken steps to consolidate its growing telecoms holdings in the Philippines. An SMC subsidiary last month acquired a 100 per cent stake in its wireless broadband venture Liberty Telecoms by purchasing the outstanding shares from its partners Qtel West Bay (part of Ooredoo Group), Wi-Tribe Asia and White Dawn Solution.Liberty Telecoms, a troubled WiMAX provider, in May made an early exit from corporate rehabilitation after a Makati court closed the proceedings. The company operates WiMAX service under the Wi-Tribe brand and had an estimated 59,000 broadband connections in Q2, according to GSMA Intelligence.The Australian operator is obviously attracted by Liberty’s almost 100MHz of spectrum in the 700MHz band. Telstra was one of the first operators in the world to launch 4G service on that highly efficient band last year.A two-player marketThe Philippines’ mobile market is controlled by two operators – Smart (a PLDT subsidiary) and Globe Telecom – which together have a 99 per cent share. Smart is the market leader with a 58 per cent share, while Globe, 46 per cent owned by SingTel (which owns Telstra’s rival Optus in Australia) has a 41 per cent share.Telstra, after unloading a number of assets over the last year, has a cash pile of more than AUD5 billion ($4.4 billion). It sold its controlling stake (76 per cent) in Hong Kong operator CSL for $2.4 billion in May 2014 as well as its struggling Australian directories business Sensis.Telstra has been on the acquisition trail over the past few years to boost its position outside of Australia, where growth in its consumer and enterprise units have slowed.In April it completed the $697 million acquisition of Pacnet, which the Australian operator said will double its customer base in Asia. The deal was first announced in December and includes the largest privately owned intra-Asia cable network and 29 data centres. Author Australia completes 26GHz auction Joseph Waring Previous ArticleEuropean mPoS providers iZettle and SumUp bag more backingNext ArticleSK Telecom, Samsung develop mmWave test system center_img AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 31 AUG 2015 Asia Joseph Waring joins Mobile World Live as the Asia editor for its new Asia channel. Before joining the GSMA, Joseph was group editor for Telecom Asia for more than ten years. In addition to writing features, news and blogs, he… Read more HomeAsiaNews Telstra in talks to buy into Philippines operator, eyes 700MHz holding Tags 700MhzLiberty TelecomsPhilippinesSan MiguelTelstraWi-Tribelast_img read more

Read More →

Blair revives old memories

first_imgAt one point during last weekend’s Luxembourg summit row over the status of the new Euro-X single currency group, France’s Lionel Jospin suggested that the text under discussion be drafted in English to make it easier for UK Premier Tony Blair to understand. Blair promptly replied – in French – that this would not be necessary.A version everyone could live with was finally agreed upon, but not before Blair had insisted on putting his case for UK participation in the disputed group with what French President Jacques Chirac’s spokeswoman Catherine Colonna described as a “tenacity” which brought back fond memories of former Conservative British Prime Minister Margaret Thatcher.Luxembourg Premier and summit chairman Jean-Claude Juncker was apparently interrupted a record 13 times – mostly by Blair – as he tried to bring the Euro-X discussion to a close. As a result, what had originally been planned as a brief ten-minute chat ended up taking five hours. Despite the tense Euro-X exchanges, Blair gave a polished performance at his final press conference as he deftly sidestepped a cunning trap laid for him by a Romanian reporter who asked the UK premier to name Romania’s prime minister – not an unreasonable request given that, what with EU enlargement and the UK’s forthcoming Union presidency, the two men are likely to be in regular contact over the coming months.However, with a masterful display of the skilful politician’s ability to not answer the question, Blair replied that he had just been talking to the Romanian president and gave an in-depth account of what they had discussed.So fulsome was his description of their meeting that Blair managed to avoid giving the premier’s name, or that of the esteemed head of state with whom he had just held face-to-face talks.last_img read more

Read More →

NAHBS 2012 – Paul Brodie’s Whippet, Victoria, Ventus, Dominguez & Pitz

first_imgVictoria CyclesThe name Victoria Cycles’ may conjure up historic posters of pinup girls on bikes, but the modern incarnation is named after builder Dave Hill’s wife. His bikes are brazed and lugged steel and often feature curved and/or twin tubes. A couple that caught my eye were the classic tandem above and mountain bike below.VentusVentus Cycles’ builder Mark Kargol builds titanium bikes alongside custom paint work for frames, components and helmets. This road bike sported a very classic look thanks to excellent component selection, but the frame is thoroughly modern and the drivetrain is brand new…it’s a current generation Campagnolo group polished to match the retro theme. Paul Brodie’s Whippet caught plenty of eyeballs. It’s a replica 1888 Whippet bicycle, designed with seven pivot points to help insulate the rider from road shock before the invention of pneumatic tires. Lots of photos and the story, plus bikes from Victoria, Ventus, Dominguez and Pitz, further down…center_img DominguezVincent Dominguez had a few interesting bits on his lone display bike, like flattened chainstays right at the rear……dual seat post bolts and some long internal shift cable tunnels springing out of the downtube.Pitz!Pitz! is a small Italian builder that works solely with steel. Their road bike was fairly straightforward with a small flourish to accentuate their logo:last_img read more

Read More →

Quarterback Kyle Allen transferring from Texas A&M

first_imgThank you College Station and thank you Texas A&M University pic.twitter.com/hekE2O31ZK— Kyle Allen (@KyleAllen_10) December 11, 2015Allen won the starting job out of camp but was benched in favor of Murray after throwing three interceptions, all of which were returned for touchdowns, in a loss to Alabama in October.Allen received only sporadic playing time after he was benched. He played in 10 games as a freshman last season after Kenny Hill was benched after his struggles.Overall, Allen went 9-5 in 14 career starts.Allen is the second high-profile QB to announce a transfer on Thursday, joining Trevor Knight of Oklahoma. Knight has been granted a release from the school, according to Soonerscoop.com.Knight is scheduled to graduate at the end of the semester and would be immediately eligible in 2016 for his new school as a graduate transfer.Knight lost his job to Baker Mayfield.COLLEGE FOOTBALL AWARD WINNERS Kyle Allen is leaving Texas A&M.The Aggies granted his release on Thursday. The school didn’t say where Allen, a former five-star recruit, would be going. The sophomore had lost the starting job to freshman Kyler Murray.Allen appeared in 10 games for the Aggies in 2015, and was 160 of 283 passing for 2,210 yards, 17 touchdowns and seven interceptions.Allen led the team to a 5-0 start, during which he averaged 254.8 yards passing and completed 64 percent of his passes.last_img read more

Read More →

Rain doesn’t dampen spirits as Pope Francis visits Knock Shrine

first_imgPope Francis and 45,000 pilgrims fell silent in prayer at Knock Shrine as the rain persisted through the Papal Visit this morning. The pontiff visited the Marian Shrine at Knock today to greet tens of thousands of followers on his second day of World Meeting of Families events in Ireland.Popemobile travels through the estate of Knock Shrine #popeinireland pic.twitter.com/yr3kYhqXv0— RTÉ News (@rtenews) August 26, 2018 Pope Francis waved to the cheering rain-soaked crowds from his Popemobile before arriving at the Apparition Chapel to lead a silent prayer in front of the statue of Our Lady for all victims of abuse.The pontiff said he had “presented to her in particular all the victims of abuse of whatever kind committed by members of the Church in Ireland.”“None of us can fail to be moved by the stories of young people who suffered abuse, were robbed of their innocence and left scarred, distanced from their mothers, abandoned and left with painful memories.“This open wound challenges us to be firm and decisive in the pursuit of truth and justice,” Pope Francis said. The Pope also led the crowd in a recital of the Angelus. He then returned to Ireland West Airport Knock to travel back to Dublin for the Papal Mass in Phoenix Park.Half a million people are expected to attend the open air mass in Dublin this afternoon – marking the largest event of the weekend.Rain doesn’t dampen spirits as Pope Francis visits Knock Shrine was last modified: August 26th, 2018 by Staff WriterShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

Read More →

Verdict will restore people’s faith in IPL, says Justice Mudgal

first_imgThe suspension of Chennai Super Kings and Rajasthan Royals is only a temporary setback to the IPL and the Lodha Committee verdict will actually help restore people’s faith in the League, says Justice Mukul Mudgal, who headed the Committee which probed the IPL betting scam.Two-time champions CSK and inaugural winners Rajasthan Royals (RR) were today suspended for two years and their respective co-owners Gurunath Meiyappan and Raj Kundra were suspended for life from being involved in all activities related to cricket matches for bringing game to disrepute.”This is a very strong punishment. I think it will have a good affect on IPL, BCCI and the players. Many people feel it will have an adverse affect on the game but I think this is a temporary setback and cricket will come out cleaner and people’s faith on IPL will be restored,” Mudgal said.The punishment was handed by a Supreme Court-appointed three-member committee headed by former CJI R M Lodha.Former BCCI Secretary Niranjan Shah said BCCI could have avoided such a situation if it had taken proper action earlier on the matter.”I think BCCI took whatever action was to be taken although it was slow. They did not visualise that this would go to Supreme Court. We could have avoided this earlier, we have to take a lesson,” he said.Former BCCI president AC Muthiah said, “Whatever has happened in BCCI, nobody stood up for the wrong doing. All this rules were already in place but they were done to suit individuals. I think, IPL should be kept alive and BCCI needs to distance itself from IPL. It should be run by an independent body comprising eminent people.”advertisementBCCI lawyer, C Aryama Sundaram said he did not entirely agree with the decision to suspend the two teams for such a long period of time.”It doesn’t surprise me that Gurunath Meiyappan and Raj Kundra have been found guilty and so the punishment wasn’t unexpected either. I do find a slight problem on purely legal platform as to the suspension of the two teams for that long period,” he said.”It was found it was an individual act, done by a person. The team itself didn’t indulge in match fixing activity. So unless you find a team is collectively to be blamed, I do wonder if the team should be meted with such consequence. I think it is an upset for the entire league,” Sundaram added.Former BCCI chief Inderjit Singh Bindra also hailed the decision.”A historic and landmark order. Beginning of the process of cleansing Indian cricket. I do hope that BCCI learns the right lessons,” he wrote on his twitter handle.Bindra also said that ICC Chairman N Srinivasan, father-in-law of Meiyappan, should also be put to task by BCCI for his role.”Srini is obviously guilty of protecting Guru and CSK.BCCI should take immediate action against him by withdrawing his nomination to ICC. NS (Srinivasan) has no moral authority to continue as head of ICC. He should step down immediately, failing which Board should take action,” he tweeted.Former India wicket-keeper Syed Kirmani said,” It is unfortunate that such malpractices have cropped in the game. I think it is unfortunate for the players of these two teams.They have been playing at the highest level. So where they gonna go. But I guess it won’t matter as there are so many tournaments.”The social networking site was abuzz with reactions from former players such as Sanjay Manjrekar and Bishan Bedi.Manjrekar tweeted: “Whatever needs to be done to get complete trust of the fans in the game has to be done. Fans make or break this game.”Bedi wrote: “Justice Lodha committee after Justice Mudgal findings comes as breath of fresh air, but only just! There’s more muck for Cricket 2 breathe afresh!”last_img read more

Read More →

Your quick guide to better nonprofit financial management

first_imgIf you feel the need to strengthen your financial management savvy, check out StrongNonprofits.org, a new website featuring free tools, how-tos and guides.Developed in partnership between The Wallace Foundation and Fiscal Management Associates, the site contains more than 64 resources for anyone involved in nonprofit financial planning, monitoring, operations or oversight, and particularly nonprofit afterschool program providers. Features range from a nonprofit accounting guide, to an article on sensible growth strategies, to a podcast on how to understand the true costs of programming. The site also offers an array of helpful tools, including the “Go or No Go Decision Tool,” a questionnaire that helps an organization decide whether accepting a contract would help – or hurt – the group’s bottom line.The site includes:• A Five-Step Guide to Budget Development—a presentation that describes a team approach to budgeting essentials such as setting financial goals, forecasting results and monitoring progress.• Budgeting and Financial Planning Tools—Excel-based templates to provide organizations with a framework for building program-based budgets, projecting cash flow, and evaluating revenue scenarios.• Guide to Effective Board Leadership—an easy-to-follow description of how nonprofit boards can do the necessary financial oversight of their organizations.You can find the site here.last_img read more

Read More →

Video lessons in how to make a vast problem relatable

first_imgI’m back from the Nonprofit Technology Conference. At one of my sessions, I talked about the importance of taking the vast problems we seek to address and the critical importance of translating them into a scale that is:1.) Relatable2.) Addressable and3) InspiringWhen we fail to do this, we overwhelm people and create the impression their support won’t make a dent in our social problem.Here are examples of making this translation. At the conference, See3, YouTube, NTEN and Cisco announced these videos were among the winners of the 2013 DoGooder Video Awards. They take big, faraway issues and make them immediate to the kinds of people who are likely to take action for that cause. They stake a point of view with a clear audience. And they inspire action in a funny way. Enjoy.last_img read more

Read More →

How To Get Donations? 14 Reasons Why People Donate

first_imgThe Secret to Getting People to Give: Giving isn’t a business transaction. It’s a human connection. To inspire donors to give, you need to make a meaningful connection by showing them why they matter and how they can make a difference. When you understand why your donors give, you’ll be able to make a more effective appeal.Don’t be afraid to reach out to your donors personally and find out why they give. Their stories matter, and sharing them create inspiration for others to follow their example. (If you don’t have an easy way to keep track of your relationships with your donors, check out Network for Good’s easy donor management system.)That being said, here are some of the top reasons why donors give:Someone I know asked me to give, and I wanted to help themFelt emotionally moved by someone’s storyWant to feel I’m not powerless in the face of need and can help (this is especially true during disasters)Want to feel I’m changing someone’s lifeFeel a sense of closeness to a community or groupWant to memorialize someone (who is struggling or died of a disease, for example)Was raised to give to charity—it’s tradition in my familyWant to be “hip,” and supporting this charity (i.e., wearing a yellow wristband) is in styleIt makes me feel connected to other people and builds my social networkWant to have a good image of myself/my companyWant to leave a legacy that perpetuates me, my ideas or my causeFeel fortunate and want to give something back to othersGive for religious reasons—my faith teaches me to help othersWant to be seen as a leader/role modelGet the right tool to help you raise more money for your cause. Learn more about Network for Good’s fundraising products.Remember: The act of giving is immediate:Give your donors the opportunity to act here and now. Your relationship with them will be long-term, but their willingness to give is now—let them act on it.There are many reasons why people give. When you’re crafting your next fundraising appeal, take this list out and ask yourself if you’ve tapped into these reasons. People act from the heart, not the head:Yes, your nonprofit has to show that it’s a good steward of donor money and you need to impart where all that generosity is going, but your appeal must contain more than numbers and pie charts.center_img Giving is a personal act:Your appeals need to be donor-centric. Make sure to tell your donor why they should care, and why they matter to your organization. Learn more about crafting your call-to-action and writing personal emails.last_img read more

Read More →