The Monetary Policy Committee (MPC) of the Central Bank of Cyprus decided to keep interest base rates at 4.5%. The official interest rates are set at the following levels: • Minimum bid rate on the main refinancing operations (repo): 4.50% • Interest rate on the marginal lending facility (Lombard): 4.50% • Interest rate on the

According to the Bank of Cyprus Dividend Reinvestment Plan, the price at which the interim dividend for 2006 will be reinvested into shares is CYP 5,07 or EUR8,75. It is reminded that the price was calculated according to the terms of the Plan, based on the applicable 10% discount on the weighted average closing price

Nokia and Italian operator Wind Telecomunicazioni S.p.A. have signed a three-year frame agreement for the turnkey supply of a WCDMA 3G radio network solution and a range of other services. The modular, high capacity Nokia Flexi WCDMA Base Station will enable Wind to make more efficient use of its existing base station sites, leading to

Ericsson and Intel Corporation will work together to accelerate deployment of services and applications on mobile PCs, powered by Ericsson’s mobile broadband and IMS solutions and Intel Core Microarchitecture for mobile clients and servers. The joint effort aims to accelerate the market uptake of mobile broadband and multimedia services usage, through a more convenient and

Motorola, Inc. has been selected by BT to supply Mesh Wi-Fi network infrastructure and services for six of BT’s Wireless City initiatives across the UK.  The contract will see Motorola design, deploy and manage city-wide Wi-Fi networks with BT in, for example, Birmingham and Newcastle. The Mesh Wi-Fi networks will deliver wireless broadband for use