Motorola, Inc. Issued a year-end update on its wi4 WiMAX solutions and customer engagements during which time it increased to 15 its number of contracts for commercial WiMAX networks and demonstrated the historic first live mobile WiMAX 802.16e handoffs between continuous WiMAX cells supporting voice, data and multimedia applications during WiMAX World USA in Chicago.
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By supplying highly optimized WCDMA 3G radio network with HSPA (High Speed Packet Access) capability, Nokia Siemens Networks is helping TeliaSonera in Denmark to provide premium quality mobile broadband and mobile internet services. The recently signed contract includes the delivery of Flexi Base Stations, Radio Network Controllers, the multitechnology, multivendor NetAct network and service management
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Ericsson has been selected by Israeli mobile operator Partner Communications to replace and expand its WCDMA/HSPA equipment. The deal sees Ericsson become the sole vendor of Partner’s GSM and WCDMA/HSPA core and radio network. Under the agreement, Ericsson will provide a full swap of 1400 base stations, expanding the capacity of channel elements for voice
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Foreign labour boosts growth  The Cyprus economy has been growing much faster than expected over the past two years. On Friday the Statistical Service Cystat issued its first estimate for economic growth in 2007, putting real GDP growth at a robust 4.7%, compared with an upwardly revised 4% in 2006. In nominal terms, GDP
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The turnover volume index of retail trade rose by 7.7% over the same month of 2006 in October according to preliminary figures, having risen by 4.6% in September. Compared with the previous month, the index rose by 3.6% to 141.5 in October and fell by 3.7% to 136.6 in September. According to the provisional data
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Recent market disruption is focusing attention on the upcoming annual reports of European and other banks, particularly with respect to how they treat asset valuations and impairment. To examine the range of accounting options and possible outcomes for banks that apply International Financial Reporting Standards (IFRS), Standard & Poor’s Ratings Services released two FAQs: “FAQ:
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As of 21st December 2007, Estonia, the Czech Republic, Lithuania, Hungary, Latvia, Malta, Poland, Slovakia and Slovenia will become part of the Schengen area. Controls at internal land and sea borders between these countries and the current 15 member states will be lifted.  This will result in a very tangible expression of the free movement
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For local and regional governments (LRGs) worldwide, a high level of fiscal flexibility–that is, the extent to which a government can adjust its revenues and expenditures in case of need–can often result in more stable rating levels as governments have a greater capacity to respond to external challenges. This ability can now be synthesized using
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2007 will surely be known as the year the US housing bubble burst. As US house prices fell and mortgage delinquencies surged, shock waves spread across global financial markets. Equities still managed to deliver decent performance in these much more volatile conditions, but choppy waters are likely to be with us for some time. However
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The Statistical Service Cystat has produced the publication “Real Estate Activities 2004-05â€. The report contains detailed information on employment, gross output and value added, production, administrative and other expenses, investments and stocks in the sector of real estate activities. In 2005 gross output in the real estate sector amounted to CYP 430.6 mln, compared with
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