SK Telecom stumbles in Q3 as regulation hits growth

first_img ICT business gains fuel SKT revenue HomeAsiaNews SK Telecom stumbles in Q3 as regulation hits growth activation feelower interconnection feesQ3 resultsSK TelecomSouth Korea Previous ArticleDefining the mobile broadband vision for 2020Next ArticleTelenor appoints law firm to probe Uzbek activities South Korea’s SK Telecom (SKT) reported a sharp fall in Q3 net income as well as a decline in revenue as it felt the impact of the government’s move to eliminate activation fees and a cut in interconnection fees.The operator, with a 49 per cent market share, saw its net income for the quarter ending 30 September decline 28 per cent to KRW381.8 billion ($335 million) year-on-year and EBITDA fall 1 per cent to KRW1.25 trillion. The company said its profit was also impacted by lower equity gains from SK Hynix.With network interconnection revenue dropping 22 per cent from a year ago, its revenue fell 2.4 per cent to KRW4.261 trillion. Mobile revenue also fell during the quarter, off 2.8 per cent to KRW2.74 trillion, due to more subscribers choosing mobile fee discounts based on their contracts, the company said.On the positive side, it added almost 2.3 million 4G subscribers over the past year, with 4G customers accounting for almost 65 per cent (18.46 million) of its total use base of 28.4 million – up from 57 per cent in Q3 2014.ARPU edged up marginally from KRW36,417 ($31.97) a year ago to KRW36,729 ($32.24) in Q3 2015. Its customer churn rate remained at 1.4 per cent – the same level as a year ago. It also added more than one million smartphone users over the past year, taking its total to 20.3 million.Capex for the period fell 32 per cent to KRW400 billion, and marketing expenses declined 9.2 per cent to KRW749 billion and represented 23.8 per cent of operating revenue, down from 25.2 per cent a year ago.To strengthen its media platform, the company said it plans to integrate the media-related capabilities of its subsidiaries. Its first move is to expand its investment in content production by merging SK Broadband and CJ Hellovision as well as strengthening its partnership and cooperation with CJ Corp.$440M cable stake acquisitionSK Telecom today announced it will acquire CJ O Shopping’s 30 per cent stake in CJ Hellovision – South Korea’s largest cable TV company – for KRW500 billion ($440 million). CJ O Shopping’s remaining stake (23.9 per cent) in CJ Hellovision can be later acquired by SKT through call and put options between the two firms.SKT said it will also boost CJ’s Corp’s paid-in capital by KRW150 billion and the firms will create two KRW50 billion funds to boost the media and ICT industries’ ecosystem. Joseph Waring Author AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 02 NOV 2015 center_img Korea operators make rural 5G pledge Related SKT tipped for Amazon streaming move 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 Tags Asia last_img read more

News / New Warsaw airport could feature an exclusive rail freight link

first_img Discussions have started on the development of an exclusive rail freight line, part of Poland’s Solidarity Transport Hub project.The centrepiece of the project, a new airport 35km from Warsaw, has entered its second phase and is expected to be completed by 2030.Acting chief executive for the project Piotr Malepszak told The Loadstar the capital’s existing hub, Chopin Airport, would hit capacity in 2025, after sustained, substantial growth over the previous decade.“On the passenger side, we have seen a 70% upturn in numbers and that has brought increasing numbers of flights,” said Mr Malepszak. “And its close proximity to the city centre means it cannot be expanded.” By Alexander Whiteman in Warsaw 13/06/2019 © Alexey Novikovcenter_img On the sidelines of the Poland & CEE Co-building the Belt & Road conference, he said the new hub would be “triple-use”, and would make greater efforts to cater for the cargo community.Talks with carriers are set for July, to discuss what they want from the hub on the cargo side.Cargo and mail director at Lot Polish Airlines Michal Grochowski welcomed the project: “It’s a fascinating time for Poland; we need to compete with Frankfurt and Schiphol, but a lot of airports in central Europe have developed as feeders to those larger gateways.“The new airport will help with this and, from our perspective at Lot, what we want to see is a very modern cool chain. Pharma is a very big vertical for Poland and Lot.”Mr Grochowski noted that Lot would be undertaking its pre-assessment for IATA CEIV certification in the next month, with final assessment due in September for certification in October.He said a very conservative estimate would put the value of potential air freight pharma volumes in Poland alone at €30m, although some say that figure could be four times higher.“But potential and accessible air freight are two different things; it’s difficult here because of limited infrastructure,” said Mr Grochowski. “The new gateway will certainly help with this.”The new airport will have two runways, but Mr Malepszak said there would be space for two more.While it is known that the hub will also involve the development of a high-speed rail link between Warsaw and Lodz, there are also discussions over a dedicated rail freight line.“This would allow us to link the hub with the Belt and Road initiative, but this is very much at the initial stages,” Mr Malepszak said.“There is also the possibility of upgrading the existing line from Belarus to Lodz.”last_img read more

ABC News exclusive: Jacob Blake speaks out for first time since being shot by police

first_imgABC NewsBy MORGAN WINSOR, ERIN BRADY and STEPHANIE WASH, ABC News(NEW YORK) — Jacob Blake says he “didn’t want to be the next George Floyd,” that he “didn’t want to die.”The 29-year-old Black father of six is speaking out for the first time since being shot seven times by a white police officer in Kenosha, Wisconsin, almost five months ago. The shooting left him partially paralyzed and led to days of protests, renewing calls nationwide to end police violence against people of color.“I was counting down my breaths and my blinks,” Blake recalled in an exclusive interview with ABC News’ Michael Strahan that aired Thursday on Good Morning America.It was Aug. 23, 2020, and Blake was at the home of Laquisha Booker, the mother of three of his children. They were celebrating their son Israel’s eighth birthday when an argument erupted between Booker and a neighbor, according to Blake.“I was like, I’m going. I’m going to take them to the store again, make them forget about all this,” he said. “I just wanted to get them, I wanted to leave.”Booker called 911 as Blake was getting ready to leave with two of his sons.“Jacob Blake is here, and he has the keys to a rental that I purchased that I need to take back, and he’s not trying to release it,” Booker can be heard telling the 911 dispatcher in an audio recording of the call.The dispatcher sent three officers from the Kenosha Police Department to respond to the incident and alerted them that there’s a warrant for Blake’s arrest on charges of trespassing, disorderly conduct and third-degree sexual assault, stemming from an alleged domestic violence incident earlier that summer. Prosecutors later dropped the sexual assault charge, and Blake pleaded guilty to two counts of disorderly conduct and was sentences to two years of probation.Blake said he was putting one of his children in the car when he felt someone grab his arm.“I took — took my arm away,” he recalled. “Human reaction.”“After I did that, I realize that it was the police and it was like, ‘Uh-oh,’” he said. “Cause when I did that … he slammed me up against the truck.”According to an investigative report by the Kenosha County District Attorney’s Office, the police officer — identified as Rusten Sheskey — recalled approaching Blake on the street and telling him, “Let’s talk about this.” Sheskey said he then grabbed Blake’s arm to arrest him and mentioned the warrant, according to the report.Blake, however, claimed the officers didn’t say anything to him.A struggle ensued and Sheskey alleged that Blake reached for his waistline area, leading police to believe that he was reaching for a weapon. Sheskey deployed his Taser multiple times, but Blake pulled the prongs out of his skin, according to the report.“At that point, I’m rattled,” Blake recalled. “I realized I had dropped my knife, had a little pocket knife. So I picked it up after I got off of him because they tased me and I fell on top of him.”Blake always told investigators that he had a knife at the time of the incident, but it’s a detail that his lawyers initially denied based on eyewitness accounts.Blake said he walked to the front of his vehicle toward the driver’s side door so he could put the knife in the car. He said he intended to then surrender to police.“I shouldn’t have picked it up, only considering what was going on,” he said. “At that time, I wasn’t thinking clearly.”Sheskey told investigators he feared Blake was going to stab him. As Blake headed for the car, Sheskey said he grabbed onto Blake’s shirt. Sheskey said Blake then turned toward him with the open knife in hand, moving toward the officer’s torso — which Blake denied.Sheskey told investigators he fired his weapon until he saw Blake drop the knife.“He just kept shooting, kept shooting,” Blake recalled.A witness captured video of some of the incident on their cellphone.Sheskey told investigators that he had given Blake numerous verbal commands to “stop resisting.” But Blake said he couldn’t hear anything.“All I heard was screaming,” he said. ‘My ears was ringing, so it was all muffled.”Blake said he wasn’t trying to leave or run away but that he “resisted to getting beat on.”“And what I mean by that is not falling, not letting them put they head on my neck,” he added. “That’s all I was thinking, honestly.”Sheskey’s attorney, Brendan Matthews, said, “the officers acted according to their training,” and that Blake was given every opportunity to comply but he chose not to.Blake’s shooting happened less than two months after the death of George Floyd, an unarmed 46-year-old Black man who died in Minneapolis on May 25 after a white police officer was filmed kneeling on his neck as three other officers stood by. Floyd’s death sparked widespread outrage, anti-racism protests and calls for police reform across the United States and around the world.Blake is now paralyzed from the waist down and confined to a wheelchair. He has had 36 surgeries. His mother, Julia Jackson, has organized a GoFundMe titled “Justice for Jacob Blake” to help pay for his growing medical and rehab expenses.During a press conference last week, Kenosha County District Attorney Mike Graveley announced that no police officers will be charged in Blake’s shooting. He said Sheskey, who was placed on administrative leave, was justified in his use of force because Blake was armed with a knife, refused orders to drop it and made a motion as if he was going to stab Sheskey. Graveley said evidence showed Sheskey fired in self-defense.Graveley noted that Blake admitted to investigators that he was armed with a knife throughout the entire encounter, and that Sheskey stopped shooting when he saw Blake was no longer a threat and then immediately started giving first aid. There were 10 bullets left in Sheskey’s gun, according to Graveley.Blake recalled the bullets hitting him as two of his children — his “babies” — watched from the backseat of the car. When the shooting stopped, Blake said he told them, “Daddy love you no matter what.”“I thought that was going to be the last thing I say to them,” he said. “Thank God it wasn’t.”When his children later saw him on a FaceTime call from his hospital bed, Blake said, “they couldn’t believe I was alive.”“I’ve explained it to them and broke it down to them,” he said, “like, ‘Daddy can die, but for some reason I didn’t that day.’”Copyright © 2021, ABC Audio. All rights reserved.last_img read more

The spy who bored us

first_imgOther reasons to spy on Russia abound. It menaces its neighbours. Links between organised crime and officialdom are troubling. Islamist extremists in the north Caucasus and elsewhere can mount outrages abroad. Russia has provided some temporary and partial information on the latter to Western services, but if an FSB officer approached the CIA with the offer of more, in exchange for money, it would be worth taking a bit of a risk to find out how much he knew.Nor is it odd that the hapless Fogle got caught. Espionage involves law-breaking and deceit, which is inherently risky. If it did not, it would not be espionage. Perhaps the source was a trap – a ‘dangle’ in espionage parlance. Perhaps Fogle’s tradecraft was sloppy. All spy operations seem brilliantly successful when they work and shamefully bungled when they do not.Espionage does involve occasional doses of public humiliation to the other side. America’s FBI released some embarrassing videos of Chapman and her colleagues. But nothing matches the gratuitous treatment meted out to Fogle and his embassy colleagues, ‘spotlighted’ (in spy jargon) on Russian television. That – the first big oddity – had echoes of the iciest days of the Cold War. To add insult to injury, Russia named the CIA station chief in Moscow (a big breach of espionage protocol). News also leaked of the earlier expulsion of Thomas Firestone, a prominent American lawyer in Moscow, who formerly worked at the US embassy. He is a leading authority on official corruption in Russia.What is going on? One answer may be that Russia’s spy-catchers simply wanted to crow about a rare success. Another is that the whole affair fits the story that the Kremlin tells to its own people, of Russia as a besieged fortress, the opposition as the puppets of foreign spy services, and the West as duplicitous and incompetent.A second oddity is the Obama administration’s response to a series of gross provocations: a bored shrug. Its top priority is big cuts in nuclear weapons. A joint move on co-operation in applying international humanitarian law to cyberspace is expected soon. Such stuff matters. Spy games, ultimately, do not.The third oddity is the change in Germany, which for the first time since the era of Helmut Schmidt and Jimmy Carter is taking a tougher line on the Kremlin than the US does. In past years, political pressure blocked intelligence and security officials from attacking Russian targets, unless organised crime was involved (in fact, even that seemingly limited field provided a rich harvest). But times have changed. Having caught Andreas and Heidrun Anschlag, two long-term Russian deep-cover spies, Germany now wants to trade them for jailed Western agents. Time to re-read those early novels by John le Carré. Here is the big news from the boiling cauldron of the East-West spy wars. Russia is being annoying; the United States barely notices and does not care.The details are familiar: Ryan Fogle, a third secretary at the US embassy in Moscow was arrested, carrying – supposedly – wigs, a compass, lots of money, a map of Moscow, and a “Dear friend” letter to a potential recruit in the Russian security service, the FSB.Much of this is unsurprising. So long as Russia spies on the US (which it does rather well), American spy-catchers will want to stop them. It did this brilliantly when it recruited Alexander Poteyev, who was in charge of the ‘illegals’ (deep-cover agents) in north America, who were rounded up in the summer of 2010. They included the sizzling but trivial red-head Anna Chapman, and the far more important Donald Heathfield. (I write about this in my book “Deception”.) Edward Lucas edits the international section of The Economist.last_img read more

This Green Schoolhouse Rocks

first_imgPhoenix’s Roadrunner Elementary School is going green thanks to Hensel Phelps and a California-based organizationInvestment in a child’s education takes on an entirely new meaning with the Green Schoolhouse Series project. Started in 2008, the Green Schoolhouse Series is in the process of creating the world’s first LEED Platinum design schoolhouse.In Arizona, it’s happening at Roadrunner Elementary School in Phoenix. Hensel Phelps Construction Co. is the general contractor and one of the first companies to reach out to the project.“Hensel Phelps’ participation is all about giving back to the community where our employees and their families live and work,” says project manager Alex Bertolini.“Hensel Phelps’ teamwork, drive and passion for the project continues to amaze the (Cause and Effect Evolutions) team as well as the other partners that have signed onto the project,” says Stefanie Valles, public relations coordinator for San Diego-based Cause and Effect Evolutions, a cause marketing/business development organization.The Green Schoolhouse Series is a collaboration bringing together corporations, foundations, school districts, communities, media outlets, and volunteers to build high-performance, environmentally-sustainable, LEED-Platinum designed Green Schoolhouses at Title I, low-income, public schools. Hensel Phelps was the right pick for the project because of its reputation in the school-building market as well as being a leader in sustainability, Valles says.The work at Roadrunner Elementary, 7702 N. 39th Ave., will provide students the opportunity to learn the importance of sustainability and its relevance. Construction began in May and is expected to be complete in July.Green Schoolhouse Series projects are not just rewarded “Platinum” because of sustainability features, but also for being an influence that ultimately increases students’ performance in school. More than 300,000 trailers are used as classrooms across the country. A quarter of U.S. classrooms are considered dangerous and cause health problems in students, leading to their absence and overall neglect of educational benefits.According to Greening America’s Schools Reports, the American Federation of Teachers and National Clearinghouse for Educational Facilities, there is a significant improvement in the following areas:Improved learning: 26% progression in math and 20% progression in reading;Healthier students: 5% increase in attendance and 9% decrease in asthma-related absences;Cost savings: 33% reduction in energy usage and 30% reduction in water usage.The founders of the Green Schoolhouse Series project, Marshall and Jeff Zotara, began school makeovers long before the company formed. In 2001 they influenced the growth of elementary school sustainability by implementing energy conservation and gardens.The Green Schoolhouse Series focuses on students in K-12. The Safari model, which is being built at Roadrunner Elementary, will be completed for grades K-5. The Studio is for grades 6-8 and the Loft is for high school students. The project’s purpose at Roadrunner will lead the students and community through a journey of discovery of sustainability through the plan’s technology and education.While the school is intended for students to move forward in education, the architectural plan, produced by architectural firm Stantec, was designed entirely backwards. All the components were donated before the building process began; therefore the design had to revolve around the various materials that were provided.If the features mentioned weren’t fascinating enough, the schoolhouse construction would not be built by contractors but by at least 1,000 volunteers. Now that’s an investment in education.Cause and Effect Evolutions “looks and asks for any skilled volunteers that would like to give back (to the community),” Valles says, as well as the corporate sponsors of the project. More than 1,000 volunteers have donated their time and effort into producing the LEED Platinum design schoolhouse. The volunteers were presented with an “accelerated extreme home-makeover schedule, which is unlike any other building project,” Bertolini says.The Safari model was also rewarded the Edward E. Kirkbride award in May 2011 for excellence in educational and innovative planning and design. Roadrunner’s added on, versatile space will affect students, parent groups and the community.“The Green Schoolhouse is geared toward a modern learning environment and provides students with a green mode of thinking,” Bertolini says.For more information on the Green Schoolhouse Series, visit Hensel Phelps’ blog at henselphelpsconstructionco.wordpress.com.AZRE Magazine May/June 2012last_img read more

Helping hand

first_imgBOSNIA & Hercegovina Railways (ZBH) has been fortunate to secure from German Railway a fleet of rolling stock to help it restore services to its 1021 route-km war-torn network. Eight diesel locomotives, 28 wagons, a tamper and ballast plough were included in an initial consignment of rolling stock dispatched to Sarajevo towards the end of last year. Part of the aid package originally agreed two years ago covers driver training at German locomotive depots and in Bosnia-Hercegovina.DB Head of Procurement Wolfgang Gemeinhardt who has overseen the deal said that restoring rail services in Bosnia was ’decisive for economic reconstruction’. One project would see car maker VW send components by rail from Germany to a Bosnian assembly plant, so creating jobs that would allow refugees who had fled to Germany to return home.Later shipments of aid material from Germany will include maintenance equipment and passenger coaches. olast_img read more

2nd District chess players fare well in 2019 ISSC Meet

first_imgAndrey Wendam and Elisandrea Bedia(elementary girls). ILOILO City – Even if none of its chesserswill qualify to the WVRAA Meet, chess players from the Congressional DistrictSports Association 2 has something to cheer about. The two also contributed bronze medalsin the standard team event. Trina Apostol and Jelaine Amadhay,meanwhile, bagged a silver medal in the secondary girls team event. The twoalso won a bronze in the blitz team event. The CDSA 2 chessers showed improvementafter capturing three silvers and four bronze medals in the Iloilo Schools SportsCouncil Meet 2019 over at the Iloilo Girl Scout Council here. CDSA 2 Chess Teamcenter_img Archie Jamotillo came up with a silvermedal in elementary boys blitz individual event before teaming up with VaughOberio for the team event silver. Apostol captured two bronze medals onthe secondary girls blitz individual event and standard individual event. Also part of the CDSA 2 chess teamwere Den Mark Canata, Andrei Iory Salvador (secondary boys) and  Coaches of the CDSA 2 chess team wereRosario Robles, Roberto Oberio and Saf Alberto./PNlast_img read more

Ryuichi Funai outclassed by IBF super flyweight champ Jerwin Ancajas

first_img Jerwin Ancajas, Ryuichi funai GET THE BEST OF THE JAPAN TIMES IN FIVE EASY PIECES WITH TAKE 5 KEYWORDS STOCKTON, CALIFORNIA – Japanese challenger Ryuichi Funai was no match Saturday for International Boxing Federation super flyweight world champion Jerwin Ancajas of the Philippines, who comfortably defended his crown in a seventh-round stoppage.While Funai never looked likely to prevent a seventh straight defense by Ancajas, he showed resilience to remain on his feet under an onslaught from the Filipino power puncher at Stockton Arena.center_img RELATED PHOTOS Ancajas was in total control when the ringside doctor ordered a stop to the fight one second into the seventh round.Fighting outside Japan and for a major international title for the first time in his career, the 33-year-old Funai said he had wanted to continue the match.“(The doctor’s stoppage) was a little harsh. Naturally, I thought I could continue fighting as usual. However, it’s also true that I had taken too many punches,” said Funai, who dropped to 31-8 with 22 knockouts.With the TKO victory, the 27-year-old Ancajas improved to 31-1 with 21 KOs. Japan’s Ryuichi Funai (left) defends himself against Jerwin Ancajas of the Philippines during their 12-round Super Flyweight IBF World Title fight in Stockton, California, on Saturday. | AFP-JIJIlast_img read more