United States

Integrated Telecommunications Services

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HRL secures contract from Chorus NZ to perform hazardous material surveys

Sunday, 18 Sep 2016 06:27pm EDT

HRL Holdings : Major contract to perform hazardous material surveys . Awarded contract by Chorus New Zealand to carry out hazardous material surveys across its property portfolio throughout all of New Zealand .

Kimberly Page reports 9.99 pct passive stake in WPCS International

Friday, 16 Sep 2016 05:39pm EDT

Wpcs International Inc :Kimberly Page reports 9.99 pct passive stake in WPCS International Inc as of September 15.

B3IT Management signs framework agreement with Com Hem

Friday, 16 Sep 2016 09:26am EDT

B3IT Management AB : Signs framework agreement with Com Hem for consulting services .Agreement is valid from Sept. 15, 2016 and until further notice.

Apollo Global Management ups bid for Denmark's TDC -local media quotes Bloomberg

Thursday, 15 Sep 2016 09:46am EDT

Private equity firm Apollo Global Management has increased its bid for Danish telecoms company TDC , Danish news agency Ritzau reports citing Bloomberg News. : Says other funds are interested buyers . Says Swedish Telia is also ready to bid for TDC . TDC in July said it had rejected a potential takeover approach [nL8N19U1UK] . TDC shares rose more than 7 percent to as much as 38.40 DKK Further company coverage: [TDC.CO] (Reporting by Jacob Gronholt-Pedersen) ((jacob.pedersen@thomsonreuters.com;)).

Verizon and Hearst announce the creation of Complex Networks

Wednesday, 14 Sep 2016 02:00pm EDT

Verizon Communications Inc: Verizon and Hearst announce the creation of Complex Networks .Rich Antoniello, formerly CEO of complex, will become CEO of Complex Networks.

Pharol CEO welcomes US SEC fine ruling, says removes uncertainties

Wednesday, 14 Sep 2016 07:08am EDT

Pharol Sgps SA CEO Luis Palha da Silva says: Welcomes a relatively small fine of $1.3 million applied by the U.S. Securities and Exchange Commission (SEC) over investments by the company, formerly Portugal Telecom, in debt instruments of the now bankrupt Portuguese conglomerate Grupo Espirito Santo. [nL8N1BQ0LR] . "Pharol welcomes the decision and the agreement reached with SEC that puts an end to the process started by SEC and ends innumerous uncertainties and potential legal consequences for the company in the U.S. jurisdiction," the CEO tells Reuters. . "Although the sum can be considered small... it still is a burden for Pharol, which will do everything to get reimbursement from those responsible." . Portugal Telecom had put 900 million euros in Espirito Santo debt instruments, on which the latter defaulted in 2014. . The company has sued its former top executives for the ruinous investment. Pharol now has no operating assets and merely owns a 27 percent stake in Brazil's ailing telecom firm Oi , which has sought bankruptcy protection. .

US SEC issues settled cease-and-desist order against Pharol

Wednesday, 14 Sep 2016 02:19am EDT

Pharol SGPS SA : Said on Tuesday that the US Securities and Exchange Commission (SEC) issued a settled order against Pharol, pursuant to which the company agreed to cease and desist from committing or causing any violations and any future violations of certain sections of the Exchange Act and Rules, and pay a civil money penalty of $1.3 million to the SEC for transfer to the United States Treasury . The company entered into the settlement without admitting or denying (except for jurisdiction) the SEC's findings in the order . The order arose out of disclosures made by the company, at the time Portugal Telecom SGPS SA, regarding the investments in debt instruments issued by entities of Portuguese conglomerate Grupo Espirito Santo, such as investments in debt instruments issued by Espirito Santo International SA .The SEC's entry of the order concludes this matter.

BigAir and Superloop enter into scheme implementation agreement

Tuesday, 13 Sep 2016 06:23pm EDT

BigAir Group Ltd : BigAir and Superloop have entered into a scheme implementation agreement . Says pursuant to deal Superloop will acquire 100% of the equity of BigAir . Superloop to fund cash consideration of upto $95 million by a placement to raise about $65 million and $75 million revolving debt facility .


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