Philippine company DITO CME Holdings, the parent company of third telco DITO Telecommunity, has denied a report in local media that one of its investors, Singapore-based Summit Telco Holdings, is moving to take over the company.
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Financial insecurity looms over future of German railways
Germany’s railways may face a lack of financing security. Rail association Allianz pro-Schiene reports that the financing for railways is secure for a duration of only a single year. In comparison, Austria and Switzerland have guaranteed longer-term financial security of six and twelve years respectively. Germany’s railways need multi-year financing security for construction and expansion […]