Bharti Airtel looks to sell Bangladesh towers — report

first_img AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 22 JAN 2014 Bharti Airtel restructures to sharpen digital focus Home Bharti Airtel looks to sell Bangladesh towers — report Author Previous ArticleBouygues scraps European roaming feesNext ArticleSpreadtrum targets tablet market Tags Airtel returns to profit Relatedcenter_img BangladeshBharti-AirtelFinancialtowers Vantage augura nuevas fusiones y adquisiciones de torres en Europa Asia Bharti Airtel put its tower assets in Bangladesh up for sale, according to a report in The Economic Times.Sources said the Airtel Bangladesh tower assets — which include 4,000 towers — are expected to fetch at least $200 million by the parent company.The move is believed to be part of Bharti Airtel’s efforts to raise more than $2 billion to boost cash reserves, according to the report.With a forthcoming auction for spectrum in the 900MHz band in India, Bharti could be looking to increase the cash it can spend to secure spectrum. A new set of M&A rules in its home market could also see Bharti in the market for acquisitions.On the other hand, the group has $9.3 billion in debt, largely linked to its acquisition of Zain’s African unit four years ago. Cash generated from the tower sales could therefore be used to improve its balance sheet.Bharti took full control of the mobile operations in Bangladesh last year when it acquired a 30 per cent stake held by Warid Telecom. At the end of the fourth quarter, Airtel Bangladesh had 8.3 million connections, according to GSMA Intelligence estimates.The group is believed to have previously received separate offers for its tower networks in Bangladesh and Africa. Bharti expects to generate $1.5 billion to $1.8 billion by selling its network of 15,000 towers in Africa, according to The Economic Times.Bharti previously raised money from its tower assets with an IPO of its Bharti Infratel unit in December 2012. Tim Ferguson Tim joined Mobile World Live in August 2011 and works across all channels, with a particular focus on apps. He came to the GSMA with five years of tech journalism experience, having started his career as a reporter… More Read more last_img read more

Damilola Ogunbiyi takes the driver seat at SEforALL

first_imgOgunbiyi has a diverse network in energy development AFD and Eskom commit to a competitive electricity sector She is alsoresponsible for implementing the Nigerian Off-Grid Electrification Programmeand successfully negotiating the Nigerian Electrification Project, to rapidlyconstruct solar mini-grids and deploy solar home systems across Nigeria. UNDP China, CCIEE launch report to facilitate low-carbon development Ogunbiyi is a globallyrespected leader with a broad and diverse international network in the area ofenergy development, which includes key relationships with leading multilateraland bilateral partners and the private sector. She is also one of theCommissioners for the Global Commission to End Energy Poverty. Whilst at the REA, Ogunbiyi was responsiblefor the Energising Education Programme, which aims to provide uninterruptedelectricity to universities and teaching hospitals through off-grid captivepower. She also led gender inclusion activities in the REA and the Nigerianenergy sector. TAGSNigeriaSEforALL Previous articleImproved access to finance will drive successful renewable energy projectsNext articlePartnership promises clean energy for off-grid Kenyans Babalwa BunganeBabalwa Bungane is the content producer for ESI Africa – Clarion Events Africa. Babalwa has been writing for the publication for over five years. She also contributes to sister publications; Smart Energy International and Power Engineering International. Babalwa is a social media enthusiast. BRICS Generation “Yet the challenge of meeting global energy goals at the speed and scale needed is ever-pressing. Damilola is the right leader at the right time. She has the experience, track record, and passion for sustainable development to catalyse progress, scale energy access, and lead SEforALL with ambition and impact.” “I’m proud to join SEforALL and continue tofocus our efforts on closing energy access gaps, showing that a clean energytransition is possible, and working to give everyone the opportunity of aprosperous, dignified, and healthy life.” SustainableEnergy for All (SEforALL) announced that Damilola Ogunbiyi, current MD of theNigerian Rural Electrification Agency (REA), has been selected as the organisation’snew CEO.   Sign up for the ESI Africa newsletter She was the first woman to be appointed as managing director of the Nigerian Rural Electrification Agency.  Speaking on her announcement, Ogunbiyisaid: “As the world faces ongoing development challenges, access to energy isthe key that will help unlock the Sustainable Development Goals. With 2030growing ever closer, smart use of data, new partnerships, and scaledinvolvement of the private sector will be paramount for SEforALL’s work. Before joining the federal government ofNigeria, Ogunbiyi was the General Manager of the Lagos State Electricity Board,which is responsible for public lighting, independent power projects, andenergy development in Lagos State. Ogunbiyi’s appointment—following a highlycompetitive global search led by the SEforALL administrative board—coincideswith the final decade to achieve and meet the promise of SDG7. RELATED ARTICLESMORE FROM AUTHOR Read more about women in energy She will succeed Rachel Kyte, formerSEforALL CEO and Special Representative to the Secretary-General, after Kyteannounced her resignation earlier in the year.  By serving in these roles, she willcontinue the close ties SEforALL has with the UN, helping to support evengreater collaboration towards achieving Sustainable Development Goal 7(SDG7)—affordable, reliable, sustainable and modern energy for all by 2030. António Mexia, Chairman of the SEforALL administrative board and CEO ofEnergias de Portugal (EDP), said:“Thanks to the leadership of Rachel, SEforALL is in a stronger position thanever to continue its work with the UN and to help the Sustainable DevelopmentGoal 7 movement go even further and faster in closing access gaps. The news followed United Nations (UN)Secretary-General António Guterres announcing the appointment of Ogunbiyi ashis Special Representative for Sustainable Energy for All and Co-Chair ofUN-Energy. Finance and Policy Low carbon, solar future could increase jobs in the future – SAPVIA Ogunbiyi’s work inNigeria focused on mobilising the stakeholders and finance needed fordelivering energy access to people and communities that need it most. Ogunbiyi will take up the SEforALL post in early 2020, and from 26-28 May 2020, she will welcome stakeholders from across the SDG7 movement at the SEforALL Forum in Kigali, Rwanda.last_img read more

Super Eagles B Receive 2018 CHAN Bonus

first_imgSuper Eagles B team players have finally received their bonus for the silver medal winning feat they achieved at the 2018 African Nations Championship (CHAN) in Morocco earlier this year.The Nigeria Football Federation (NFF) had earlier promised the team 30% of the prize money and that has now been redeemed.Nigeria earned $400,000 in prize money meaning that 30% ($120,000) was shared with the team, players and officials.Confirming the news about the CHAN bonus via Naijafootballplus.com, a top NFF official said: “We have received the prize money from CAF and we have transferred 30% of the prize money to the team.”“We met with the players before the final game in Casablanca and motivated the team, we promised them 30% of the prize money and we have kept to our promises after receiving the money from CAF.”“Bonuses and allowances is no more an issue between the Federation and national teams. We always communicate with the team about the Federation payment structure and also add some incentives to motivate the teams, this should not be a point of conversation anymore.” he concluded.Relatedlast_img read more

Wakefield bounces back at Phoenix

first_imgToday we deviated from our usual format as the first prize was a free bungy jump.  The winner was Neil Harvey (16) with 36 points and the unfortunate loser with 39 points was Tony Wakefield (17) who played consistently well throughout his round.Note: Siam Country Resort, Restaurant & Bar is located just off Siam Country Club Rd, after going under the arch past the 7/11, turn right after 50 meters, with the venue on the left another 200 meters along.  Golf from here is generally played on Tuesday & Thursday, with the Resort hosting prompt presentations on both days.  As a PSC affiliated venue we welcome ALL golfers, including ladies & seniors (>60s) who have opted for the “Silver” tee option.  Call 089 2535440 (Willem Lasonder) for scheduling or enquiries. PSC Golf from Siam Country ResortTuesday, August 25, Greenwood – StablefordOn Tuesday we took the long road to Greenwood.  This is a very nice course and has been well maintained throughout the low season, in particular we found the greens were a good speed and running very true.It was a lonely feeling playing today as we had the course all to ourselves.  Our golf was the usual mix of highs and lows and despite having three 8’s on his card Paddy Devereux (h/cap 22) emerged the surprising winner with 37 points.Thursday, August 27, Phoenix – StablefordIt was the short road to nearby Phoenix on Thursday, which again was in very good condition with quick greens.  The caddies were well turned out with nice new push trolleys, a change from the usual bit of old scrap iron they usually have to drag round most courses.last_img read more

B-Sens edge Portland 3-2 in opener of AHL Atlantic Final

first_imgA goal by Zack Smith at 7:35 of the third period snapped a 2-2 tie and powered the Binghamton Senators to a 3-2 road victory over the Pirates in game one of the AHL Calder Cup Atlantic Division Finals Wednesday in Portland, M.E. The win was Binghamton’s first of the postseason to come in regulation. All four victories over the Manchester Monarchs in the division semifinals came in overtime.Former KIJHL defenceman for the Nelson Leafs Geoff Kinrade, 25, plays for Binghamton.The 6-foot, 207-pound Kinrade finished the game logging tons of minutes and a minus-1 on the stats sheet.Captain Ryan Keller and rookie Bobby Butler also scored for the Baby Sens, the farm team of NHL’s Ottawa franchise.The Baby Sens and Pirates return to the ice in Portland Thursday for Game 2 of the best-of-seven Atlantic Division Finals.last_img read more

New-look Leafs ring in New Year with a win over Murdoch rival Beaver Valley

first_imgTwo quick goals by Nicholas Ketola 45 seconds apart tied the game at 4-4 heading into the third period.Andy Fitzpatrick gave Nelson the lead for good, scoring his eighth of the season with eight minutes remaining in the contest.Empty net goals by Davie and Austin Anselmo with time running out secured the win for the Leafs.“We’re going to get into playoffs and we’re going to compete,” Chernenkoff said.“We have to come every night and work hard. It doesn’t matter what happened in the past, this is now and we all have to step up to play.”Allan Pruss, Jace Weegar, Blake Sidoni and Sam Swanson scored for the Hawks.Beaver Valley out shot the Leafs 32-27 in the contest.Kootenay Ice affiliate netminder Kurt Doyle, making his second consecutive start, was solid in the nets for Nelson to register the win in goal.Hawks’ netminder Tallon Kramer took the loss for Beaver Valley.“We’re a talented group,” explained Miller, adding he’s pleased to see the players respond positively to the coaching change.“We work hard at practice. Once we get systems and everything down with the new coach I think things will begin to get better,” Miller said.And what about 2016?“Can’t wait,” Miller exclaimed.ICE CHIPS: After scoring 12 goals in the past five games, the Leafs busted out for a dozen markers in two games. . . . Head coach Mario DiBella watched from the lower level, allowing assistant coaches Sean Dooley (forwards) and Isaac MacLeod (defence) to hold down the bench duties. . . . Jordan Davie has been on fire offensively for the Leafs. Davie is currently riding a five-game scoring streak, with 11 points during that time. The Kaslo native has points in eight of his last nine games. . . . Nelson trails third-place Grand Forks by two points in Murdoch standings. No one in the their right hockey minds thought the Green and White would bounce back overnight.But the future sure looks a whole lot brighter heading into New Year for the Nelson Leafs after a win on the final day of 2015.Veterans Rayce Miller and Jordan Davie each had three points to lead the Leafs to a 7-4 Kootenay International Junior Hockey League victory over the Beaver Valley Nitehawks in the annual New Year’s Eve clash Thursday at the NDCC Arena.The win was a first of the season for the Leafs over the Murdoch Division leaders and avenges a 6-5 loss Wednesday in the first of the home-and-home series.“It’s a fresh start and that’s exactly how we’re looking at it,” said Leaf defenceman Kyle Chernenkoff.“We’ve got 17 games left this season and we have no choice but to put our best foot forward. I think the guys are all buying in to our new systems and once we get going we’re going to finish off real strong.”“As a team were ready to go,” added captain Rayce Miller.“The mood on the team is really positive.”Of course, the game didn’t go exactly as it was drawn up on the blackboard.After jumping to a 2-0 lead seven minutes into the game on goals by Blair Andrews and Davie, the Hawks scored four straight times to lead 4-2 midway through the second frame.But much like Wednesday in Fruitvale, the Leafs bent but did not break.last_img read more

Tom McCartney signs three-year extension

first_imgThe hooker, who can also play at loosehead prop, has agreed a new three-year deal that will see him play at the Sportsground until at least the summer of 2020. Connacht Rugby and the IRFU are delighted to confirm the contact extensions of Tom McCartney.   McCartney, who will qualify to play for Ireland in October 2017, recently celebrated his 50th Connacht appearance with a Man of the Match performance and two tries against Benetton Treviso in the Guinness PRO12.Commenting on the latest deal, Connacht Rugby CEO Willie Ruane said:“This is a hugely positive move for Connacht Rugby and a big statement from Tom highlighting the belief and confidence he has in the future of the club. “Tom came to Connacht from overseas and in a short time he has made a very positive impact on our environment here. He is an important member of the squad and very popular among our supporters. We are thrilled that he sees his future with Connacht.”Head Coach Pat Lam added:“I’m delighted for Connacht Rugby and our supporters that Tom has re-signed. It is a massive statement for the future of the squad and the province.  “I’ve known Tom for so much of his career and he is a valuable leader on and off the pitch. Along with all the other recent re-signings, he will be an important contributor to the future success of the province.”Tom McCartney said:“I’m delighted to sign on for another three years with Connacht Rugby. I came here excited to be able to help the province achieve its vision of success and I believe we have the structures in place to see us continue to go from strength to strength.”print WhatsApp Facebook Twitter Emaillast_img read more

9 months agoBournemouth demand huge money for Chelsea target Callum Wilson

first_imgBournemouth demand huge money for Chelsea target Callum Wilsonby Paul Vegas9 months agoSend to a friendShare the loveBournemouth are demanding huge money to sell Callum Wilson this month.The Daily Star says they want £75m to sell striker Wilson to Chelsea.That sum is a staggering 25 TIMES the amount the Cherries paid Coventry for Wilson in July 2014.And it underlines their resolve to keep hold of the England forward in the current window.Chelsea boss Maurizio Sarri admitted his club would go as high as £50m in order to land their target, who has scored ten goals so far this season.But Bournemouth counterpart Eddie Howe has since responded by reiterating Wilson is going nowhere this month.That is the club’s public stance. But, behind closed doors, the general consensus of the Bournemouth hierarchy is they would listen to any offer above £70m. TagsTransfersAbout the authorPaul VegasShare the loveHave your saylast_img read more

a month agoTottenham chairman Levy demands world record money to sell Kane

first_imgTottenham chairman Levy demands world record money to sell Kaneby Paul Vegasa month agoSend to a friendShare the loveTottenham chairman Daniel Levy is demanding world record money to sell Harry Kane.He has slapped a £250m price-tag on Kane, says The Telegraph.Spurs’ stuttering start to the season has prompted fears that Kane could look elsewhere next summer.But the Spurs chief is determined to keep hold of the England captain, even if Mauricio Pochettino fails to deliver silverware again this campaign, they report.It would take a world record bid to convince Levy to part with Kane.And it is hoped that such a large figure will deter the likes of Real Madrid, Barcelona and Manchester City from making a move. TagsTransfersAbout the authorPaul VegasShare the loveHave your saylast_img