…change name to Aspis The Board of Directors of MFS Ηoldings Public Company Ltd (MFS) at a meeting held on December 21, 2006 decided to authorise the President of the Board of Directors and the high-ranking officials of Aspis Group to finalize the negotiations for the acquisition of insurance companies abroad. The acquisition or acquisitions
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Ericsson and 3 Italia have achieved an industry first: the successful establishment of mobile data connections based on Enhanced Uplink in a commercial network. Ericsson’s Enhanced Uplink, employing HSPA technology, has delivered uplink speeds of 1.4Mbps, more than triple the previous levels, and potential peak downlink speeds of 14.4Mbps. This milestone, achieved in 3 Italia’s
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Nokia has won a major GSM/GPRS/EDGE network expansion contract from leading Russian operator MegaFon that will see it deliver both radio and core equipment as well as a range of services, helping MegaFon deliver advanced mobile solutions to its fast-growing subscriber base. The value of the agreement is over EUR 320 mln, and equipment deliveries
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…Telecom Regulator sees opportunities in broadband within next 2 years …Wifi Max auctions set to be held in 2007 Â Cyprus should follow the example of a growing number of countries joining the information society and introduce incentives to attract private companies to invest in the sector in order to exploit the opportunities in e-learning,
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… as monopoly on small mail scrapped from 2009 Â The Telecom and Post Regulator has decided to impose a CYP 50.000 or EUR 87.500 fine on the Postal Service for not providing the foreseen quality levels and regarding the delivery time of mail. The decision to penalize the Cyprus Post for the infringement of
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LOT Polish airlines will increase the number of flights between Warsaw and Larnaca from three a week to four due to greater demand on this route. Poland’s Ambassador to Nicosia, Zbigniew Szymanski, told the Financial Mirror that most of the flights are full and that the share of Polish and Cypriot passengers is evenly split.
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Woolworth (Cyprus) Properties Public Ltd has invested in Cyprus Limni Resorts & Golfcourses Plc with the acquisition of the share capital of N.K Shacolas Merchants Ltd At a meeting held on December 20, 2006 and within the framework of the Company’s policy for new investments in the sector of land development, the Board of Directors
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Government Spokesman Christodoulos Pashiardis said here today that the Council of Ministers has approved the changing of the institutional frame of functioning of the Department of Civil Aviation to an Independent Authority of Civil Aviation. Pashiardis said the change aims at flexibility in decision making, economical independence, reduction of bureaucracy and time-consuming procedures, improvement of
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The implementation of the EU direct trade regulation for the Turkish Cypriots demands a constructive stance by Turkey, so that any political considerations would be removed from the effort for the financial assistance of the Turkish Cypriots, Government Spokesman Christodoulos Pashiardis has said. In statements after a meeting of the Council of Ministers, Pashiardis noted
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Although Greek Cypriots favour a further EU enlargement, only 19% sees Turkey‘s accession to the EU as positive, according to the EU Eurobarometre’s national report for Cyprus. In the Eurobarometre, covering the areas controlled by the government of Cyprus as well the Turkish Cypriot community, between September 6th and October 1st, Greek Cypriots rank fourth
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