Jarden Brief: Major US pipeline hit by cyber attack
10 May, 2021 08:12 PM
7 minutes to read
Colonial Pipeline transports more than 2.5 million barrels of fuel every day. Photo / AP
NZ Herald
Coming Up Today: The UK will release GDP figures. Investors may be interested in the impact that these numbers have for continued European stimulus. Chinese CPI numbers are to be released which will provide another data point in the building inflation narrative. In New Zealand, Meridian will hold its investor day, the ANZ truck-o-meter stats will be released and April card spending numbers will be announced.
New Zealand:
The S&P/NZX 50 traded in the red yesterday with the index dropping 0.6 per cent to 12,659.0 points.
Telco talks up its performance ahead of first quarter report from Canadian parent.
Telco Two Degrees says it is making progress on plans for an initial public offer, with its Toronto-listed parent expected to provide further details in its first quarter report overnight
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BELLEVUE, WA / ACCESSWIRE / May 6, 2021 / Trilogy International Partners Inc. (TSX:TRL) ( TIP Inc. or the Company ), an international wireless and fixed broadband telecommunications operator, today announced that Trilogy International South Pacific LLC ( TISP ) and TISP Finance, Inc. ( TISP Finance and, together with TISP, the Issuers ), each indirect subsidiaries of the Company, have commenced a private offer to certain eligible noteholders described below to exchange (the Exchange Offer ) any and all of the outstanding $350,000,000 aggregate principal amount of the 8.875% Senior Secured Notes due 2022 (CUSIP Nos 89620J AC5 and U89613 AC4, the Existing Notes ) issued by Trilogy International Partners LLC ( Trilogy LLC ) and Trilogy International Finance Inc. for newly issued 8.875% Senior Secured Notes due 2023 of the Issuers (the New Notes ), upon the terms and conditions set forth in the Offering Memorandum and Consent Solicitation Statement dated May 6, 2021 (the Off
But he said the company would be driven by “the customer experience” in deciding what broadband technologies to promote to whom. 2degrees spent about $1b on its existing 3G and 4G Huawei network, but Aue would not say how much the conversion would cost. Chief technology officer Martin Sharrock said its new Ericsson equipment would let 2degrees dynamically switch capacity between 3G, 4G and 5G, also doubling 2degrees’ 4G capacity “as we go along”.
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2degrees chief executive Mark Aue believes waiting to invest in 5G has given it an opportunity to leapfrog its rivals. Aue said the company would get an advantage from having waited to join Spark and Vodafone in the 5G market.
2degrees names 5G upgrade partner
14 Apr, 2021 12:00 AM
4 minutes to read
2degrees has named its primary technology partner for its 5G mobile network upgrade: Ericsson.
The Swedish company will provide both the radio access network or edge (celltower components) and core (brains) of 2degrees 5G network - which will go live in parts of Auckland and Wellington at an un-named time later this year.
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It replaces the incumbent Huawei, which was effectively sidelined from all 5G upgrade business in New Zealand after the GCSB barred the Chinese company from Spark s mobile network upgrade (and the intelligence agency has only hardened its line since).