Word: investments
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Dates: during 2000-2009
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...Picking up new subscribers in low-penetration markets like Pakistan means beefing up network capacity and extending coverage into new, often rural, areas. Groundwork like that established across Pakistan and Bangladesh has already cost Telenor some $3 billion in the last three years, according to Handelsbanken. So while "we invest, and grab as much revenue as possible," says Telenor Pakistan's Johnsen, "we can't imagine that we will recover our initial investment any time soon." Powerful companies like China Mobile have recently joined Telenor in Pakistan, and Egypt's Orascom is fighting for a share both there...
Prominent Financial Analyst Peter Lynch spoke about his investing principles and personal experiences to a packed room in Emerson yesterday. Throughout his talk, Lynch, author of the best-seller One Up On Wall Street, emphasized that investors should make sure to understand the company’s background “story”. “Before you invest, you should write down three reasons why you’re buying stock,” he said. “The fact that it’s going up doesn’t count.” Lynch gained...
...served from 1967-69 in the Strategic Air Command), told young officers at Maxwell Air Force Base that the nation needs new ways of thinking about warfare. Gates may still be smarting from the fact that when he was CIA chief in 1992, the Air Force refused to invest in a spy drone because it didn't have a pilot. The same kinds of disputes, most notably in the Air Force, persist today over Iraq and Afghanistan. "I've been wrestling for months to get more intelligence, surveillance, and reconnaissance assets into the theater," he said at the Montgomery...
...obvious answer is to invest in public transport systems. But Sao Paulo has just 38 miles of metro line, and although it plans to add another 22 miles to the total by 2010, that is clearly too little, too late. Even the city's traffic chief admits things will get worse before they get better...
...shows that even our closest allies need to be convinced that the fight is theirs too. Before countries like Macedonia, Albania and Croatia gain admission to NATO, they should be reminded that membership carries responsibilities as well as rewards. NATO rules should be rewritten to ensure that countries that invest disproportionate military and financial resources (as Canada has done) should have some of their costs subsidized by the alliance. If a government does not want to send its troops to fight, it should still be obliged to contribute funding and civilian expertise, which remains in short supply...