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Europe RSS FeedsSarajevo Gets Two Six-Seaters - The 1984 Winter Olympic venue of Sarajevo which became a war zone in the 1990s during the Balkan conflict has at last seen an upgrade to its life network. The ski area of Jahorina, which is located in the Republika Srpska sector of Bosnia Herzegovina has installed two new six-seater detachable chairlifts at a cost [ ]...Feed Source: news.ski-europe.com Two Big New Lifts For Kitzbühel In 2010-11 - Lift manufacturer Leitner has reported that the leading Austrian resort of Kitzbühel has ordered two new lifts for next winter ? a 10 passenger cable car and another eight-seater chairlift. The new Maierl gondola will be Austria?s first ten-seat gondola, and will replace a double chairlift and a drag lift on the route. The 2.7km [ ]... Huge Expansion of Avoriaz Gets Underway - A massive expansion of Avoriaz ski resort in France gets underway this month that will create two totally new resort districts, ach with several new accommodation complexes. Perhaps more exciting for guests staying in the existing resort, Avoriaz is also building a large new water park and a spectacular new lift to replace the cable [ ]... Best Ski Club Trip Deals are Here! - SkiEurope’s Best Ski Club Deals for the 2010/ 2011 ski season are now posted online. Best group trip pricing includes Canada from $345 and Europe from $734! Whether you’re planning a group ski trip, club ski vacation, alumni ski trip or corporate incentive travel, we can assist you in creating a travel plan that will [ ]... Super Skiing Vacation Deal in the Italian Alps! - Nowhere is more picturesque than chic Cortina, the most up-market of Italian resorts. Dramatic pink-tinged peaks rise from the top of the slopes, giving picture-postcard views from wherever you are. Cortina personifies Italian vivacity and the nation's passion for "la dolce vita".... Ski Now! SuperSki Week in Bansko, Bulgaria! - Until recently, Bansko was not one of the best known ski areas in Bulgaria. But heavy investment across the ski area and the resort have utterly transformed this quaint medieval town and its ski area into a year-round, international destination resort. Not yet well-known in North America, prices remain, for the moment, relatively low, making it the best value in European skiing.... Olympic Innsbruck. A Great Ski Vacation Destination! - Innsbruck is one of Europe's oldest and most beautiful ski centers. Nestled in the Tyrolean Alps, the area has some 200 trails covering 500 kilometers (310 miles) and is perfect for beginner and intermediate skiers. It's located three miles from the airport and six ski areas are within one hour of the city.... SuperSki Week Deal in the Italian Alps! - Nestled in between the truly breathtaking scenery of more than 14 peaks and tucked under the magnificent Mount Blanc, Courmayeur is a charming village with cobblestone streets and a car-free center. There is an easygoing friendliness in town, and Courmayeur has an international feel.... World Snow Report 10 February: Another Few Feet For Europe As North America Experiences ?Snowmaggeddon? - * Whistler is ?Games ready? * Olympic Snowboard venue Cyprus Mountain to host events as planned despite warm weather. * US overtakes Europe For Deepest Snowbase in the world * Another few feet in the Alps. * More than 40 die worldwide in avalanches in the past week. Heavy snow across North America, dubbed ?Snowmaggeddon? [ ]... Skiing Germany?s Winter Sports Capital! - Garmisch-Partenkirchen is Germany?s undisputed ?Winter Sports Capital,? located only a short distance from the Austrian border. Once the host of the Winter Olympics, Garmisch is a large, cosmopolitan town with plenty to see and do both on and off the slopes.... World Snow Report 3 February 2010: Cold Temperatures and Heavy Snow Across Europe Continues - * Germany ?drowning in powder? * Up to a metre of snow in 48 hours in the Pyrenees * Up to a metre of new snow for resorts in Norway * Belgian snow causes traffic chaos and powder heaven. It?s cold across Europe and it?s been snowing, often heavily, right across the continent, with hundreds [ ]... Scenic, Stunning, Skiing in Zermatt, Switzerland! - Zermatt is a scenic, car-free village with a medieval center and provides a great base for some of the best skiing in the Alps. Three main ski areas, the Sunnegga, the Gornergrat, and the Klein Matterhorn, offer world-class excitement for every level of skier.
Zermatt, Switzerland from $1,229 per person... Qualcomm secures local investors for India LTE project - (Telecompaper) Qualcomm has signed up local investors for its Indian wireless broadband venture. The US-based chipmaker won spectrum in four regions of India last month and plans to roll out a LTE network. Global Holding Corp and Tulip Telecom have now agreed to become shareholders in the venture with 13 percent each, and Qualcomm at 74 percent, in line with Indian foreign investment rules. Tulip said it will pay INR 1.4 billion for its stake. Global Holding is the holding company of the Global Group, which provides network services to India's mobile operators and owns telecom tower infrastructure. Tulip Telecom is an enterprise data connectivity service provider with experience in creating and managing large networks across industry verticals. Qualcomm said its objective was to secure initial shareholders who are operator-neutral, yet bring strong telecom and broadband experience. It plans to bring one or more existing mobile operators into the venture in future, and then exit the com... Alcatel-Lucent on rising trend in Q2, maintains outlook - (Telecompaper) Alcatel-Lucent reported EUR 3.81 billion of revenue in the second quarter, up 17.4 percent sequentially but down 2.4 percent compared to the year-earlier period. The group's adjusted gross margin came in a 36.1 percent for the quarter, versus 32.6 percent in the first quarter and 33.1 percent in the second quarter of 2009, driven by the product and geographic mix and the impact of fixed operations cost-cutting initiatives. Alcatel-Lucent said it expected a stronger second half. The continued improvement in sales trends combined with its action on costs are likely to deliver a significant leverage effect on the operating profit level, the company said. The group has maintained its full-year outlook of up to 5 percent growth in telecommunications equipment and related services revenues and an adjusted operating margin of 1-5 percent. In the second quarter, Alcatel-Lucent's revenue in its networks segment was down by 3.4 percent year-on-year to EUR 2.3 billion, but up 19.5 ... Samsung mobile phone shipments up 22%, prices under pressure - (Telecompaper) Samsung Electronics announced second-quarter revenues of KRW 37.89 trillion, up 17 percent year-on-year. Operating profit rose 88 percent to KRW 5.01 trillion, and net profit improved to KRW 4.28 trillion from KRW 2.33 trillion a year ago. The results were in line with the company's earlier forecast, with growth driven by a recovery in its components and semiconductors business, helping to offset price pressure in consumer electronics. "With intensified competition throughout the digital media and mobile industries going forward, it may become a challenge to maintain current profitability levels," said Robert Yi, head of Samsung Electronics' investor relations "However, we will continue to focus on introducing differentiated products and widening our technology leadership in components to meet these difficult market conditions." Strong seasonal demand for core components is expected to drive Samsung's performance in the third quarter, although increased market supply is ... Softbank's Q1 sales boosted by mobile unit - (Telecompaper) Japanese communications provider Softbank saw its first quarter net sales grow over 5 percent while income dropped almost 30 percent. Net sales in the three months to June totalled JPY 700.84 billion, up 5.2 percent from JPY 666.33 billion in the year-ago period, reflecting steady sales at Softbank Mobile. Operating income went up 44.6 percent to JPY 156.60 billion, and ordinary income rose 61 percent to JPY 126.84 billion, driven by earnings growth in the mobile communications segment due to an increase in the number of mobile subscribers and an increase in ARPU. Softbank recorded a net income of JPY 19.44 billion, down 29 percent from JPY 27.38 billion a year earlier, mainly due to an increase in total income taxes. For the full year, Softbank expects operating income of JPY 500 billion, up 7.3 percent year-on-year.... Docomo unveils LTE brand, corporate vision - (Telecompaper) Japanese mobile operator NTT Docomo has unveiled a new brand and logo for its upcoming LTE services and a new corporate vision. The LTE brand name is written "Xi" and read as "crossy." Docomo says the The 'X' denotes both 'connection' and 'infinite possibility', and the 'i' both 'individual user' and 'innovation'. Docomo's Xi LTE service, which is scheduled for launch in December, will offer downlinks of up to 75 Mbps. Initially, Xi will be available in the Tokyo, Nagoya and Osaka areas, but coverage eventually will be expanded to other major cities and then additional areas of the nation. Xi users will be seamlessly handed over to the Foma network whenever they leave a Xi service area. Xi handsets, billing plans and other details will be announced later. The new corporate vision has been dubbed "Pursuing Smart Innovation: HEART" and seeks to achieve new growth by delivering new value to customers. For the past 10 years, the operator implemented its Vision 2010 corporate... Telecom NZ sells part of AAPT, stake in Macquarie Telecom - (Telecompaper) Telecom New Zealand will sell the consumer division of Australian unit AAPT to Australian ISP iiNet for AUD 60 million. The transaction is subject to iiNet shareholder and customary regulatory approvals. Telecom currently estimates the transaction will have a net negative impact on AAPT's FY 2011 EBITDA of around AUD 10 million. Telecom also announced that is has sold its 18.2 percent stake in iiNet to institutional and sophisticated investors for approximately AUD 70 million. The carrying value of this investment was AUD 81 million at 30 June. Furthermore, the company sold its stake in Australian business communications services provider Macquarie Telecom for AUD 9.9 million. The carrying value of this investment was AUD 9.5 million at 30 June. When combined, the proceeds from the sale of Telecom's 10.1 percent stake in Macquarie Telecom, the sale of AAPT's consumer division and sale of the 18.2 percent stake iiNet will generate approximately AUD 140 million of sale pro... Best Buy to use Clearwire network for Connect service - (Telecompaper) US retailer Best Buy has agreed to resell Clearwire's Wimax service as part of its recently launched Best Buy Connect mobile internet service. Best Buy will launch the service based on a wholesale deal with Clearwire in 2011. This is Clearwire's first wholesale agreement beyond those with its shareholders - Sprint, Bright House, Time Warner Cable and Comcast already sell the Wimax service under their own names. The Best Buy Connect service currently uses the Sprint mobile network. Best Buy said the deal will help it develop a 'one-stop shop' for mobile phones, accesories and services.... India amends licences for network equipment security checks - (Telecompaper) The Indian government has issued changes to telecom operator licences requiring them to address security concenrs among their foreign network equipment suppliers. According to a report from the Economic Times, the government can impose penalties of up to 100 percent of the contract value if any spyware or malware is found in their imported equipment. International manufacturers who want to do business in India will have to deposit source codes and detailed designs of all products and services they sell in an escrow account in encrypted form. This can be accessed by security agencies and operators in case of an emergency. The new rules will be incorporated into the licence agreements of all telecommunication companies with immediate effect. The new norms published by the department of telecom were issued after security agencies and the home ministry raised concerns about imported equipment, especially those sourced from Chinese companies. They also equipment makers who ma... Netia arranges new financing for potential acquisitions - (Telecompaper) Polish operator Netia signed a mandate letter with Rabobank Polska, Raiffeisen Bank Polska and BRE Bank regarding new financing for potential acquisitions and terminated the existing credit facility with Rabobank Polska, the lead arranger of the loan. Netia signed a mandate letter with Rabobank Polska, Raiffeisen Bank Polska and BRE Bank for arrangement of new financing for a potential market-consolidating acquisition within the telecommunications sector in Poland. In consequence of the above notice, Netia terminated its existing loan facilities totalling PLN 295 million, provided by Rabobank Polska, Raiffeisen Bank, Bank Millennium, Bank Gospodarki Zywnosciowej since 2007, effective from 5 August. Cancellation of the loan will have no adverse financial consequences for the companies in the Netia group as the company has sufficient cash on hand to fund its current organic growth strategy, including the programme of Ethernet acquisitions, and has taken steps to arrange ne... Renesas to target JPY 110 bln in cost reductions - (Telecompaper) Semiconductor maker Renesas Electronics unveiled a major restructuring plan aimed at cutting JPY 110 billion in costs and pushing the company to a 7-10 percent CAGR for chip sales over the period to March 2013. The company targets JPY 40 billion in savings to 2013 from completing integration of the NEC semiconductor activities. Another JPY 70 billion will come from changing its production strategy to rely more on outside foundries. The latter change will lead to impairment charges of JPY 33.1 billion this year on existing prodcution facilities. The restrucing plan will lead to 5,000 job losses at the company, mostly in the current fiscal year to March 2011. In terms of strategy, Renesas plans to focus more on overseas sales, particularly in China, and keep its product portfolio centred on the "advanced information-communications area", targeting areas such as cloud computing, smart home and smart grid technologies, auto electronics, consumer electronics and the mobile ac... Copyright © 2010, InfoTipsandHelp.com. All Rights Reserved. |