Etisalat secures €8B loan for Maroc Telecom bid — report

first_img Related AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 08 APR 2013 Etisalat to bring open RAN to Afghanistan Etisalat has reportedly lined up an EUR8 billion loan to finance a bid to acquire Maroc Telecom from French media group Vivendi.Vivendi is aiming to offload its 53 per cent stake in the Moroccan number-one operator as it looks to reduce its debt. The Maroc Telecom stake is valued at around $6 billion, with the winning bidder also expected to make an offer to buy out minority shareholders.The bid for Maroc Telecom is Etisalat’s first public approach for a foreign company since the failure of its $12 billion bid for a controlling stake in Kuwait’s Zain two years ago.According to Reuters, the dual-tranche loan facility has been secured by the UAE-based operator group with the help of financial advisor BNP Paribas. The loan is understood to consist of a term loan and a bridge loan, with the latter being refinanced at a later date through a bond sale.South Korea’s KT Corp, Qatar Telecom Saudi Telecom and South Africa’s MTN are all believed to be interested in the stake. Qtel is reportedly in talks with JP Morgan about a loan facility to finance its bid while KT is working with Citigroup, Credit Suisse and Societe Generale.Final offers to Vivendi are due at the end of April, the sources said, although any sale would need the approval of the Kingdom of Morocco, which owns a 30 per cent stake in the operator.Maroc Telecom is Morocco’s biggest operator, with around 17.4 million connections, compared with Meditel’s 11.4 million. It is Vivendi’s second highest contributor to earnings after French operator SFR, but growth has slowed as competition has ramped up. Tim joined Mobile World Live in August 2011 and works across all channels, with a particular focus on apps. He came to the GSMA with five years of tech journalism experience, having started his career as a reporter… More Read more Author EtisalatFinancialMaroc TelecomVivendi Etisalat interim chief made permanent Home Etisalat secures €8B loan for Maroc Telecom bid — report Previous ArticleHTC Q1 numbers disappoint; vendor reports sharp profit fallNext ArticleHuawei predicts double-digit sales growth Tim Ferguson Tags Rakuten adds Etisalat to RCP open RAN listlast_img read more

Lenexa looks to ‘complete streets’ approach to improve pedestrian, bike access

first_imgOverland Park is among the cities to expand bike routes in recent years.By Roxie HammillLenexa has begun a process to ensure its streets are more accessible to pedestrians, bicyclists, bus riders and the handicapped. The city will begin looking for a consultant this month to begin a “complete streets” study that city staff hopes to have finished by the end of 2018.The aim of the study is to promote street design and signage to make things safer for all travelers. The study will look at such things as street light timing, transit stops, roundabouts and bike lanes.The city has made some improvements on streets the past few years, concentrating on roundabouts and other traffic-slowing design as well as traffic signal timing and more wheelchair-accessible curb cuts. But city council members have been under pressure from a group of bicyclists in recent months to improve bike infrastructure.The group iBike Lenexa has pressed for bike lanes and share-the-road signage that the city now lacks. Some have questioned why they city has not already adopted a complete streets plan.Council members got an introduction to “complete streets” last June and decided to take steps to do a study this year.“Complete Streets” is a national initiative. Eleven governments in the Kansas City area have adopted it, with the most recent being Kansas City, Mo. last year. In Kansas, the cities of Overland Park, Roeland Park, Leawood, Kansas City, Kan., and Johnson County (for unincorporated areas) have complete streets plans, according to the website of BikeWalkKC, and advocacy group.“I think there’s a misconception that just because we have to date not formally adopted a complete streets policy we are somehow opposed to complete streets,” Lenexa Community Development Director Beccy Yocham told a city council committee meeting Tuesday. “That couldn’t be further from the truth.The study will ultimately show specific locations where things could be improved, such as links between sidewalks and trails and better bus stops.Having the study “clarifies the city’s position” on inclusiveness, Yocham said. “It makes it clear to the community we are embracing these concepts.”A complete streets policy also could open more doors for related grants, she said. The city is pursuing a $64,500 grant through the Mid-America Regional Council for a bike-sharing program for fiscal year 2019. If successful, Lenexa would have 25 BCycle Smart bikes at five locations. A MARC committee recommended approval of that grant this week, but final approval is still pending.Council members hearing Yocham’s presentation were generally supportive. “I very much like it,” said City Council member Joe Karlin. He suggested an advisory committee to include street users and developers for input.last_img read more

A holistic approach

first_img David Pickup is a partner in Aylesbury-based Pickup & Scott I have recently been on two courses on the forthcoming changes to the legal aid scheme. One was organised by the Law Society and the other by the Legal Services Commission. They were, more accurately, roadshows presented around the country and most were well supported. I will not say which was better as they were aiming at different things. It was striking legal aid is referred to again as, well, legal aid. Until recently it was called public funding. Perhaps it will be ‘poor man’s lawyers’ next. This is – you might think – a very small point but it is symptomatic of one of the problems of being a legal aid lawyer. The LSC gets a bee in its bonnet about various things and they become the watchword for a few years and we as providers have to follow its thinking. Who remembers the preferred suppliers idea? What happened to that? Nothing, but we all had to troupe along to meetings on it and then it fizzled out. One article I read recently contained the phrase, ‘now that holistic services are not government policy…’. Holistic services meant what they called ‘bundling’; the idea that a criminal client, for example, might need family or debt advice and would want to see another lawyer in the same firm. This is a perfectly reasonable approach, and I have no concerns about it but the idea appeared and then just melted away. What about the providers who struggled to try to establish consortia to offer holistic services and had to drop out? I know it is not fault of the messenger and is a result of wider policy changes. You cannot blame the LSC for having ideas and perhaps the new Legal Aid Agency, its replacement, will be more consistent and follow them up. I said that was one of the problems of being a legal aid lawyer. Another is the public do not care about legal aid. There are no votes in giving money to lawyers to defend the indefensible. The arguments the Society and others have valiantly made have been lost. We need a campaign to take to the next government and possibly the one after that. We will still lose the arguments but at least we can have a go. last_img read more

Keysight to Demonstrate RF & Microwave Measurement Solutions at IMS 2015

first_imgKeysight’s hardware, software solutions and technical expertise help users gain  insight into the toughest component and system engineering challenges within the aerospace/defense, 4G/5G communications industries and for internet of things (IoT) applications.Keysight will showcase applications such as: Keysight Technologies has announced that it will demonstrate the latest RF, microwave and mmWave design and measurement solutions for R&D, manufacturing and service at the IEEE MTT-S International Microwave Symposium, Booth 739, Phoenix, May 17-22. In addition, Keysight will demonstrate the following products and solutions at the symposium.Design Software Network Analysis E-Band Millimeter-Wave Measurements, Active Device Characterization and Fast Spurious Test using the PNA network analyzer Materials Measurements RF ENA with Modernized GUI LTE-A MIMO Measurements Finally Made Easy Industry Leading PA/FEM Digital Pre-distortion Loop Times Multiport Network Analysis Parallel Multisite Network Analysis Simulation of multi-emitter scenarios New software to test IoT applications based on WLAN, Bluetooth®, ZigBee and Wi-SUN formats A new flexible testbed for 5G waveform generation and analysis The latest lineup of modular instrument and software solutions addressing LTE-A MIMO and envelope tracking/digital predistortion (DPD) for power amplifierscenter_img Modular Instruments 5G and WiGIG Wideband Millimeter-Wave Solutions IoT Solutions Power Amplifier Characterization Radar and EW Test Solutions Advanced Design System 2015 Silicon RFIC Design EMPro 3D Electromagnetic Simulation Genesys RF System Design with Circuit Synthesis 5G System-Level Design and Verification Keysight EEsof EDA University Educational Support Program Signal Generation, Signal Analysis, and Oscilloscopes Additional InformationOn May 20th, Keysight and Modelithics will host an RF Boot Camp. Registration for this six hour, low-cost, high-value event includes access to the exhibit floor, MicroApps and a networking reception. Topics covered within the course include network analysis; modular instruments and software solutions; signal generation and analysis; RF simulation fundamentals; impedance matching fundamentals; introduction to simulation-based GaN PA design; and basic RF analog receiver design and analysis.Keysight will deliver 11 presentations at the MicroApps Pavilion, including the keynote, May 19, 10:05 a.m., by Roger Nichols, Keysight 5G program manager, titled “5G Wireless: A Measurement and Metrology Perspective”. Check the schedule for additional details. For more information about Keysight’s 5G wireless solutions, visit www.keysight.com/find/5G.last_img read more

Kalas’ departure from Chelsea is confirmed

first_imgEmbed from Getty Images See also: Fulham rejection ‘difficult to swallow’ for Kalas However, he was unable to establish himself as a first-team player at Chelsea and moves on after several loan spells away from the club.He spent the season before last on loan at Fulham, playing a key role as they won promotion to the Premier League via the play-offs.Bristol City recently signed Jay Dasilva on a permanent basis after the England Under-21 left-back also impressed while on loan with them from Chelsea. Tomas Kalas has left Chelsea and signed for Bristol City on a permanent deal.The Czech Republic defender, 26, spent last season on loan with the Robins, who have broken their transfer record in order to buy him.He has moved to Ashton Gate for around £8m, bringing an end to a Chelsea career which initially looked full of promise.AdChoices广告Signed in 2011, he made his Premier League debut for the Blues at Liverpool in April 2014 and impressed hugely.center_img Follow West London Sport on TwitterFind us on Facebooklast_img read more