Ofcom sets out the rules for 4G airwaves sale November 12, 2012 BRITAIN will have wider access to high-speed 4G mobile services from late spring next year, the communications regulator confirmed yesterday, as it published final terms for an auction of airwaves to be held in January. The auction of 4G-approved spectrum, some of which was previously used for analogue TV signals, will raise at least £1.3bn [...]
Aveva looks to new software to drive growth as sales improve November 12, 2012 SOFTWARE firm Aveva said yesterday it expects healthy growth in the coming years, driven by its recently-launched design software Everything3D (E3D). “Feedback from existing and prospective customers on this ground-breaking technology has been universally positive,” Aveva said, as it posted a 15 per cent rise in revenue in the six months to October. The firm, [...]
Vodafone gets dividend from Verizon venture November 12, 2012 VODAFONE will finally get its dividend payout from Verizon Wireless, after its US partner said last night that its board has agreed to dole out a bigger-than-expected $8.5bn (£5.4bn). The announcement follows months of investor speculation as to whether Verizon Wireless, which is controlled by Verizon Communications, would choose to pay a dividend this year. [...]
Research in Motion to unveil latest BlackBerry in January November 12, 2012 BLACKBERRY maker Research in Motion (RIM) will unveil the next generation of its smartphones in January, the troubled Canadian company announced yesterday. The BlackBerry 10 (BB10) software, which has been repeatedly delayed by technical problems, will be a radical overhaul of the operating system used on its phones. RIM is pinning its hopes on the [...]
Entertainment One investment hits profit in breakthrough year November 12, 2012 INDEPENDENT film studio Entertainment One has ploughed more money into movie production and promotion ahead of the release of its latest lucrative Twilight movie and its acquisition of Alliance Films. The investments pushed the Canadian company’s profits down to just £1m in the first half of the financial year, it said yesterday. This was down [...]
Tech City becomes London‘s growth hub November 12, 2012 BUSINESSES in East London’s “Silicon Roundabout” area are set to be the key drivers of growth in London over the coming years, according to research released yesterday by the Centre for Economics and Business Research. The research claims that technology and media companies in the East End are growing twice as fast as those in [...]
Heathrow gains support of MPs as traffic slides November 12, 2012 HEATHROW Airport yesterday reported a rare fall in traffic for October as Hurricane Sandy wrought havoc with its schedule. But there was a ray of sunshine for Britain’s biggest airport, as a survey suggested that MPs would prefer to see expansion at Heathrow than a new hub in the Thames Estuary. Forty-six per cent of [...]
Non-European flights get a green tax break November 12, 2012 THE EUROPEAN Union has suspended its controversial carbon emissions tax for non-EU flights, after fierce protests from authorities around the world. Airlines operating routes within the EU will still have to pay, but the bloc has issued a year-long exemption for flights linking EU airports to the rest of the world. The Emissions Trading Scheme [...]
Costain wins Welsh contract November 12, 2012 Costain has won a four-year technology contract with the Welsh government worth around £15m, it said yesterday. The contract, which is for the maintenance of road network communications and tunnel systems across Wales, will begin early next year.
Gem Diamonds hit by low output November 12, 2012 Gem Diamonds was hit by falling production at its Lesotho operations over the third quarter, it said yesterday, with the amount of ore mined down 13 per cent year on year. Carats recovered from the mine was down nine per cent year on year as severe winter snow conditions hindered production.
