Ericsson and its wholly-owned subsidiary Redback Networks announced they had won a series of new international deals in the past 90 days, spanning Brazil, China, Hungary, Lebanon, Romania, Spain, Turkey and a mobile operator in the UK. The contracts highlight Ericsson’s strong global sales reach and its commitment to giving customers easy access to broadband

Standard & Poor’s Ratings Services lowered its long- and short-term counterparty credit ratings on Marfin Investment Group Holdings S.A. (MIG) to ‘BB/B’ from ‘BBB-/A-3’. At the same time, the long- and short-term ratings were removed from CreditWatch, where they had been placed with developing implications on Jan. 12, 2007. The outlook is negative. “The rating

The CSE Council announced that it has accepted the listing of 17,356,083 ordinary shares of Hellenic Bank Public Company Ltd, which have resulted from the exercise of American Type Warrants 2003/2007. It is noted that the above shares will be incorporated in the already listed share capital of the Company, which will amount to 261,568,568

With reference to the Public Offer of SFS Group Public Company Ltd for the acquisition of up to 100% of the issued share capital of White Knight Holdings Public Company Ltd, it has emerged that the final rate of acceptance of the Public Offer by the shareholders of WKH stands at 18.64% and not 18.66%

Eutelsat Communications and Digiturk, have signed a new contract for capacity on the W3A satellite to support continued expansion of Turkey‘s leading pay-TV platform. The new contract, concluded for four years, is the third signed between Eutelsat and Digiturk since November 2006. It takes to 11 the total number of transponders leased for broadcasting services

Ericsson has been awarded two hosting agreements for downloads and ringback tones with Indian operator Bharat Sanchar Nigam Ltd (BSNL), one of the largest public sector companies in India. Under one contract, Ericsson is responsible for providing a content service that allows BSNL to tailor the ultimate customer experience. A next-generation portal that includes a

Raqmiyat, a leading UAE-based Systems Integration firm, has appointed BASA as its exclusive business partner in Iran for its widely-popular GEMS ERP solutions, which provide unparalleled web-based integration for critical business processes covering manufacturing, point of sale to finance and accounting among others. The partnership leverages the geographical reach and expertise of BASA in a

Three companies and a government department were the winners of the first innovation awards initiated by the Employers and Industrialists Federation (OEV), the Research Foundation, the University of Cyprus and the Ministry of Commerce and Industry. Two companies shared the award in the Manufacturing sector: Morfomichaniki Ltd., for the production of a unique aluminium engraving

In the second year of operation for Thomas Cook to Larnaca, the Palm Beach Hotel & Bungalows has won the U.K. operator’s “excellence award” for 2006 voted by holidaymakers who stayed at the hotel last year. General Manager Andreas Christodoulides said, “Thomas Cook has sold our property very well and this award is very special

MTN Areeba, the alternative mobile phone operator, is sponsoring the current champion Apoel football club of Nicosia in a three-year deal estimated to be worth CYP 500,000 (EUR 855,000). The sponsorship comes into effect on July 1 and coincides with MTN’s other sports activities in the 21 countries of operations, including the sponsorship of the