Word: telecoms
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Communications are expected to be a huge headache yet again. During Katrina, New Orleans overnight lost $500 million worth of telecom structure--fiber-optic and copper wire--leaving the city's emergency-operations center at city hall with a superfast T1 line as useless as a set of tin cans. Deputy mayor Meffert ended up handing out Nextel walkie-talkies for all the out-of-town help and cobbling together a voice-over-Internet communications system out of old computers, which still serves the city...
...disinvestment campaign similar to that used against apartheid-era South Africa. A study by the Conflict Securities Advisory Group, a Washington consultant hired by the State Department, found that 124 publicly traded European companies have ties to Iran and that European banks are financing significant energy and telecom projects there. A disinvestment campaign could be tough to pull off. But U.S. officials hope that while conscience may not get those firms to quit Iran, the threat of bad p.r. might...
...Thaksin, a telecom tycoon who took office in 2001, has sired plenty of quarrels lately. Since January his critics, centered around Bangkok and the insurgent-plagued southern part of the country, have used the $1.9 billion tax-free sale of his family-owned firm to foreign investors as a rallying cry for demonstrations demanding change. Their noisy campaign prompted Thaksin to dissolve parliament and call snap elections, confident that his party machine would deliver the necessary votes on Apr 2. It did - over 50% of Thai voters kept the faith with the ruling Thai Rak Thai party, especially...
DISSOLVED. THAILAND'S PARLIAMENT, by King Bhumibol Adulyadej, at the request of Thai Prime Minister Thaksin Shinawatra; in order to call new elections; in Bangkok. While Thaksin's opponents have railed against his family's tax-free $1.9 billion windfall from the sale of Shin Corp., the telecom giant he founded, the Prime Minister still enjoys strong support among rural Thais. Elections for a new House of Representatives will take place on April...
...shares of Tatneft, according to SEC fiings. That stake would be worth approximately $4.5 million at the close of trading yesterday.Amherst’s divestment last month targeted 19 companies, including Tatneft as well as at least three other stocks that Harvard still owns—Swedish telecom giant Ericsson, energy firm Royal Dutch Shell, and oilfield service provider Schlumberger.—Staff writer Cyrus M. Mossavarahmani can be reached at crahmani@fas.harvard.edu...