France Tel and Deutsche Tel join forces to cut costs

first_img FRANCE Telecom and Deutsche Telekom plan to jointly buy network gear, mobiles and other information technology to save money, the two groups said yesterday.The project has the potential to save about €1.3bn (£798m) annually after three years — a little under €900m for France Telecom and around €400m for Deutsche, they said.The companies plan to finalise the formation of a 50-50 jointly owned and operated venture in the coming weeks, subject to board approval and antitrust clearance.“The new joint venture will offer a more efficient sourcing organisation that will lead to more effective partnerships with suppliers,” said Olaf Swantee, executive vice-president at France Telecom.The tie-up is the latest step in an initiative the groups unveiled in February, which identified five areas of cooperation, including radio access network sharing in Europe. France Tel and Deutsche Tel join forces to cut costs by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryBrake For ItThe Most Worthless Cars Ever MadeBrake For ItSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was An Actress, Now She Works In ScottsdaleMoneyPailDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com Show Comments ▼ whatsappcenter_img Monday 18 April 2011 7:47 pm whatsapp Share KCS-content Tags: NULLlast_img read more

Ikeja Hotel Plc (IKEJAH.ng) Q12018 Interim Report

first_imgIkeja Hotel Plc (IKEJAH.ng) listed on the Nigerian Stock Exchange under the Tourism sector has released it’s 2018 interim results for the first quarter.For more information about Ikeja Hotel Plc (IKEJAH.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Ikeja Hotel Plc (IKEJAH.ng) company page on AfricanFinancials.Document: Ikeja Hotel Plc (IKEJAH.ng)  2018 interim results for the first quarter.Company ProfileIkeja Hotel Plc is a hotel development and management company with direct or indirect ownership of Sheraton Lagos Hotel, Sheraton Abuja Hotel and Federal Palace Hotels & Casino. The company targets the leisure, business and convention markets in Opebi, Ikeja and Lagos. Sheraton Lagos Hotel has 340 guest rooms and an impressive array of conferencing and recreational facilities, making it one of the largest hotels in Nigeria. Sheraton Abuja Hotel has 575 rooms and conference, restaurants and recreational facilities. Sun International’s Federal Palace Hotel & Casino is a luxury 5-star hotel conveniently located in the heart of Victoria Island’s commercial district and boasts luxury accommodation, a casino, conference facilities and an array of restaurants, bars and recreational facilities. Established in 1972 and formerly known as Properties Development Limited, the company changed its name to Ikeja Hotel Limited in 1980. The company’s head office is in Lagos, Nigeria. Ikeja Hotel Plc is listed on the Nigerian Stock Exchangelast_img read more