Court TV to Look @ Gangs in Durham: Herald Sun, 8/16
An upcoming Court TV documentary on gangs focuses in part on the situation in Durham. The documentary -- "Al Roker Investigates: Menace on Main Street" -- is scheduled to air at 10 p.m. on Sept. 21, according to a Court TV news release. "The only thing I've been told is that about 50 percent of the documentary concerns events going on in Durham, and that it could be perceived by Durhamites and those in the region as putting Durham in an unfavorable light," said County Manager Mike Ruffin.
http://www.herald-sun.com/durham/4-637131.html
Insurance
NC Mutual Slips Back into Red: Herald Sun, 8/16
http://www.herald-sun.com/durham/4-637131.html
Insurance
NC Mutual Slips Back into Red: Herald Sun, 8/16
N.C. Mutual Life Insurance Co. slipped back into the red in the first half of 2005 as the Durham firm invested in marketing and infrastructure and struggled with continued losses in its individual business. The 107-year-old company previously had recorded three consecutive quarters of profits, but a $1.2 million loss in the second quarter drove the insurer to a $1.11 million net loss for the first six months of the year.
http://www.herald-sun.com/business/21-637168.html
Telecommunications
Sprint, Nextel to Focus Locally: Financial Times, 8/16
http://www.herald-sun.com/business/21-637168.html
Telecommunications
Sprint, Nextel to Focus Locally: Financial Times, 8/16
Sprint Nextel, the US mobile operator formed last week in a $36bn merger, aims to focus on its domestic network but will keep an eye out for expansion opportunities abroad. Mr Forsee was speaking after he rang the opening bell at the New York Stock Exchange to mark the start of trading in the merged company. Sprint Nextel is spinning off its local businesses to shareholders to focus on the wireless business. Mr Forsee said he expected this to make Sprint Nextel a top choice in partnerships with content companies and other groups.
http://news.ft.com/cms/s/b5157796-0e79-11da-9c92-00000e2511c8.html
Combo Cellular/Wi-FI Phones to Boost VOIP: 8/16
Internet phoning subscribers with combo cellular/Wi-Fi handsets are in the vanguard of a phenomenon that will pump up VoIP markets, according to a new study from In-Stat. Such users currently represent just two percent of the VoIP market. The high tech market research firm predicted, in a report released Tuesday, that VoIP subscribers with wireless IP phones will represent 73 percent of the VoIP market in 2009. In-Stat said the first widespread rollouts of the dual-mode cellular/Wi-Fi phones will be in Europe from mobile telephone service providers that have no wireline operations. Most U.S. cell phone service providers are owned at least partially by telecommunications providers who won’t be anxious to encourage competition between their wireline and cell-phone operations. In-Stat predicted that more than 66 million cellular/Wi-Fi phones will be in use by 2009.
http://www.advancedippipeline.com/news/168601952
Sprint Nextel Seen As Best Value in US Telecom: Forbes, 8/16
http://news.ft.com/cms/s/b5157796-0e79-11da-9c92-00000e2511c8.html
Combo Cellular/Wi-FI Phones to Boost VOIP: 8/16
Internet phoning subscribers with combo cellular/Wi-Fi handsets are in the vanguard of a phenomenon that will pump up VoIP markets, according to a new study from In-Stat. Such users currently represent just two percent of the VoIP market. The high tech market research firm predicted, in a report released Tuesday, that VoIP subscribers with wireless IP phones will represent 73 percent of the VoIP market in 2009. In-Stat said the first widespread rollouts of the dual-mode cellular/Wi-Fi phones will be in Europe from mobile telephone service providers that have no wireline operations. Most U.S. cell phone service providers are owned at least partially by telecommunications providers who won’t be anxious to encourage competition between their wireline and cell-phone operations. In-Stat predicted that more than 66 million cellular/Wi-Fi phones will be in use by 2009.
http://www.advancedippipeline.com/news/168601952
Sprint Nextel Seen As Best Value in US Telecom: Forbes, 8/16
Deutsche Bank said Sprint Nextel (nyse: S - news - people )"represents one of the best values in the U.S. telecom space."
Deutsche Bank said that following the spin off of Sprint Local and the "likely" acquisition of Nextel Partners (nasdaq: NXTP - news - people ), "we believe Sprint Nextel will remain significantly underleveraged (net debt/earnings before interest, taxes, depreciation and amortization around 1 times in 2006 even in the worst-case scenario)."
The research firm said that "it is inevitable that as we progress through 2006, the pressure to distribute cash will grow" and sees "considerable capacity for Sprint Nextel to substantially upgrade its dividend pay-out strategy." Deutsche Bank rates the company at "buy."
Deutsche Bank said Sprint Nextel (nyse: S - news - people )"represents one of the best values in the U.S. telecom space."
http://www.forbes.com/markets/2005/08/16/sprint-nextel-dividend-0816markets17.html
Deutsche Bank said that following the spin off of Sprint Local and the "likely" acquisition of Nextel Partners (nasdaq: NXTP - news - people ), "we believe Sprint Nextel will remain significantly underleveraged (net debt/earnings before interest, taxes, depreciation and amortization around 1 times in 2006 even in the worst-case scenario)."
The research firm said that "it is inevitable that as we progress through 2006, the pressure to distribute cash will grow" and sees "considerable capacity for Sprint Nextel to substantially upgrade its dividend pay-out strategy." Deutsche Bank rates the company at "buy."
Deutsche Bank said Sprint Nextel (nyse: S - news - people )"represents one of the best values in the U.S. telecom space."
http://www.forbes.com/markets/2005/08/16/sprint-nextel-dividend-0816markets17.html