AT&T closes blockbuster Time Warner deal

first_imgHome AT&T closes blockbuster Time Warner deal Tags AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 15 JUN 2018 Chris joined the Mobile World Live team in November 2016 having previously worked at a number of UK media outlets including Trinity Mirror, The Press Association and UK telecoms publication Mobile News. After spending 10 years in journalism, he moved… Read more Related Previous ArticleTelstra plans 4G upgrades following test with EricssonNext Article5G tipped to power transformation long game AT&T completed its $85 billion deal for Time Warner days after winning a legal battle against US authorities trying to block the deal.Closing the acquisition was expected to be a swift process once the legal battle concluded, as the original agreement was due to expire on 21 June (having already been extended by two months). Had the latest deadline elapsed, Time Warner would have been free to renegotiate terms without penalty.In a statement, AT&T chairman and CEO Randall Stephenson said his company would bring a “fresh approach” to the media and entertainment sectors, touting its enhanced abilities to create and distribute content using its expanded range of assets.Stephenson added it could now offer a “differentiated, high-quality, mobile-first entertainment experience.”The company also confirmed a previously announced management reshuffle would now take place as part of a wider reorganisation to incorporate Time Warner. Within three years AT&T expects to reduce annual costs across the two businesses by $2.5 billion.Including Time Warner on its balance sheet increases AT&T’s net debt to $180.4 billion.Legal rowEarlier this week, the US Department of Justice (DoJ) lost its legal bid to block AT&T’s deal with no conditions placed on the operator. The DoJ argued the merger negatively impacted competition in the country.From the initial merger announcement, AT&T maintained it was a classic vertical merger and should raise no issues for authorities. Chris Donkin US chip funding tipped to top $150B AT&T pushes cybersecurity to public sector Amazon reels in MGM Author AT&TRandall StephensonTime Warnerlast_img read more

Market still strong

first_imgINVENSYS: A strong performance at control and communications business Invensys Rail helped Invensys achieve a ‘robust performance’ despite the economic downturn in the year to March 31 2009, with the group reporting operating profits of £244m on revenue of £2284m. Profits were up 32% to £134m at Invensys Rail, which includes the Westinghouse Rail Systems and Dimetronic brands, with major contracts in the UK, Spain, Singapore, Turkey and New Zealand boosting orders by 109% to £968m at constant exchange rates. The operating margin was up from 17% to 21%. The company said that despite the recession the global rail market remains strong, helped by growing recognition of rail’s environmental and economic credentials and also by government stimulus packages.last_img

‘Brady Bunch’ house for sale for nearly $1.9M

first_imgLOS ANGELES | The home featured in the opening and closing scenes of “The Brady Bunch” is for sale for $1.885 million.Records show George and Violet McCallister bought the two-bedroom, three-bathroom split-level home in the Studio City neighborhood of Los Angeles in 1973 for $61,000.Real estate agent Ernie Carswell tells the Los Angeles Times the house has been updated and upgraded, but the interior layout does not resemble what was featured on the show, which ran from 1969 to 1974. Interior scenes were shot in a studio.Carswell says a rock-wall fireplace, wood-paneled walls and floral wallpaper are vintage touches of what homes looked like in the 1970s.The agent says the home attracts 30 to 50 visitors a day.The owners died and their children are selling the property.Information from: Los Angeles Times, read more

Thai and Japanese runners star at Laguna Phuket Marathon 2018

first_imgA record number of runners set off at the start of the 2018 Laguna Phuket Marathon, Sunday, June 10. (Photo/Naratip Golf Srisupab/SEALs Sports Images)Nine thousand runners from more than 50 countries took to the start line for the 2018 Laguna Phuket Marathon on Sunday June 10 and even before the first strides had been taken, records had been smashed: Largest field of runners ever (9,000); the largest number of international participants (1,300), the largest ever marathon participation (2,000), largest ever half marathon participation (3,000), and the largest ever 10.5km participation (2,000).In the iconic marathon distance it was 2016 winner Koji Nishizawa of Japan who at the 10km check point was in the lead group consisting of Ethiopian Kisi Koniti Gerba and Thai national team runner Supit Chantharat.Japan’s Koji Nishizawa was the winner of the men’s marathon in a time of 02:44:16. (Photo/Naratip Golf Srisupab/SEALs Sports Images)After a tough battle over the first half of the course, Nishizawa broke away to claim the Men’s title in a time of 02:44:16 ahead of Chantharat in second, with local favourite Jaray Jearanai (Thailand) finishing fast to take third. In the Women’s division it was Sabrina Polito (Italy) who got the better of a strong field of Thai and international runners to cross the line first in a time of 03:30:27.Following his record-breaking 2,215km charity run in 2017, Thai rockstar and celebrity Artiwara “Toon” Khongmalai, was back competing at the Laguna Phuket Marathon, and for the first time Thai running idol and author of “Homo Finishers”, Sarawut Hengsawad. A top-class Half Marathon field included Thai national team runners, Olympians Boonthung Srisung and Natthaya Thanaronnawat. Boonthung was the runaway winner in the Male division in a time of 01:13:08, six minutes faster than last year’s winner while in the Women’s division Natthaya Thanaronnawat claimed the title in a time of 01:27:02 ahead of Maire Nic Amhlaoibh (Ireland) in second.In a packed 10.5km field, last year’s power couple Hiroki Nakajima and Tomomi Nakajima of Japan, on honeymoon at the 2017 race and overall winners in the male and female marathons respectively, returned this year to take out the 10.5km male and female divisions in times of 00:34:25 (two minutes faster than the 2017 winner) and 00:41:49, and then went on to race the half marathon the following day, finishing second and third.While Koji Nishizawa completed the 5km and marathon double for the men, in the women’s 5km it was Hayley Newman of Australia who three-peated in a time of 00:19:46 and went on to finish fourth in the half marathon.For a full list of the results check website: Infinity Communications)last_img read more

Cyclone Fani doesn’t deter Bhubaneswar’s plans of hosting FIH Hockey Series Finals

first_imgAdvertisement ul6NBA Finals | Brooklyn Vs6qgxWingsuit rodeo📽Sindre Elp43p( IG: @_aubreyfisher @imraino ) 6jxdWould you ever consider trying this?😱23xCan your students do this? 🌚t0zmRoller skating! Powered by Firework Cyclone Fani hit the coastal state of Odisha causing widespread havoc and heavy loss to infrastructure. In that sense, it was obvious for the hockey fans across the country to ponder whether the Kalinga stadium would be able to host the FIH Hockey Series finals which will commence on June 6.Advertisement Kalinga Stadium will host the FIH Hockey Series Finals which is set to commence a month laterBut, Hockey India has put all these rumors to bed. “I don’t know from where these reports come from but we absolutely had no discussions with Odisha government about shifting the venue,” a top HI official told PTI.“We are in touch with the Odisha government officials and we have been informed that the extent of damage in the hockey stadium is minimal. Hockey India officials will also travel to Bhubaneswar this week to assess the condition of the turf and take stock of the situation at the official team hotels.”Advertisement The FIH Hockey Series Finals will run for twelve days from June 6 to June 15. Eight countries- Japan, Poland, Mexico, South Africa, USA, Russia, Uzbekistan, and hosts India- will take part in the competition which also acts as the 2020 Tokyo Olympic Qualifiers. There are two Olympic quotas up for grabs which will be awarded to the winners and runners-up of the tournament. Advertisement Advertisementlast_img read more

Champion festival headliner

first_imgBY JARROD McALEESE GREG Champion, star of the ABC Radio Series “Coodabeen Champions” will headline the upcoming Bayles Music Festival…[To read the rest of this story Subscribe or Login to the Gazette Access Pass] Thanks for reading the Pakenham Berwick Gazette. Subscribe or Login to read the rest of this content with the Gazette Digital Access Pass subscription.last_img

Rate splash

first_imgBy Mitchell Clarke and Jessica Anstice With 858km of unsealed roads maintained by Cardinia Shire Council, a damning new report indicates it’s not at the top…[To read the rest of this story Subscribe or Login to the Gazette Access Pass] Thanks for reading the Pakenham Berwick Gazette. Subscribe or Login to read the rest of this content with the Gazette Digital Access Pass subscription.last_img

Galway United without training pitch after U15 row with Mervue

first_imgAudio Player Up/Down Arrow keys to increase or decrease volume.United’s first game in the Airtricity League First Division is at home to Athlone Town on Friday week in Eamon Deacy Park.print WhatsApp Facebook Twitter Email United manager Shane Keegan is now considering moving pre-season training to Athlone IT or Limerick as there are no other full size Astro turf pitches in Galway as he explained to Oisin Langan. With the new League of Ireland season starting in just over a week, Galway United have found themselves without a full size all-weather training pitch after a row over underage players with Mervue United. Galway United had been using Mervue’s home ground at Fahy’s Field (pictured) in recent seasons, but tensions have grown in recent weeks with the introduction of a new National U15 League which is restricted to senior League of Ireland clubs. Galway United are said to have signed a number of Mervue’s U15 squad ahead of the new competition and this is understood to be at the centre of the row.last_img read more

Bronze medal for Katie O’Brien from Clarinbridge at World Rowing Championships

first_imgSaturday was a day to remember for birthday girl Katie O’Brien from Clarinbridge as she celebrated turning 23 by winning a bronze medal in the PR2 women’s single sculls at the rowing world championships in Linz, Austria. A delighted Katie spoke to David Gillick from RTE after the race… Katie O’Brien print WhatsApp Facebook Twitter Emaillast_img

Steedman man accused of stealing ATV

first_imgA stolen ATV turns up in southern Callaway County.Deputies say it was reported stolen on Aug. 10 from near Route NN. They found it on Oak Street in Mokane at about 2 a.m. Thursday.Deputies would arrest Jamon Otey, 19. The Steedman man allegedly stole the ATV, and had meth on him when he was cuffed.Otey is now out on $9,500 bond.last_img