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CORRECT: 2degrees posts operating loss in 2011, sees surplus in 2012

CORRECT: 2degrees posts operating loss in 2011, sees surplus in 2012

By Pattrick Smellie (Corrects CEO’s name to Eric Hertz starting in first paragraph) June 28 (BusinessDesk) - New entrant national mobile operator 2degrees posted an $81.9 million operating loss in its second full year of operation, and is on course to break even on an earnings...

28 Jun 2012
2degrees posts operating loss in 2011, sees surplus in 2012

2degrees posts operating loss in 2011, sees surplus in 2012

By Pattrick Smellie June 28 (BusinessDesk) - New entrant national mobile operator 2degrees posted an $81.9 million operating loss in its second full year of operation, and is on course to break even on an earnings before interest and tax basis for the first time this year, says...

27 Jun 2012
GPG's Coats loses appeal on European market-fixing

GPG's Coats loses appeal on European market-fixing

By Pattrick Smellie June 28 (BusinessDesk) - Global thread-maker Coats, Guinness Peat Group's largest remaining asset, has lost a crucial appeal in the European Court of Justice and faces fines and interest totalling 138 million euros, well in excess of provisioning. Coats had...

27 Jun 2012