Previous ArticleApple puts pieces in place for health launch – reportsNext ArticleLatest 2G spectrum auction kicks off in India FinancialRegulatoryTelekom Austria Ex-Telenor Serbia and Montenegro unit attracts bids AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 03 FEB 2014 Author Telekom Austria set for €1B acquisition drive Austria’s government is content for Latin American giant America Movil to take a majority stake in incumbent Telekom Austria, according to the head of state holding company OIAG.“The question of whether Carlos Slim overtakes us, and whether it is by two or three per cent or whether he goes above 50 per cent is actually a secondary question,” said Rudolf Kemler (pictured) in an interview with radio station ORF.Currently OIAG holds over 28 per cent in Telekom Austria while America Movil holds just below 27 per cent.The key point for the government is not to let its stake fall below a blocking stake of 25 per cent which gives it input into key decisions at the operator.The government has also adopted the same policy for other state-backed companies outside telecommunications.Kemler is also chairman of Telekom Austria.The Mexican operator has kept the government and management of Telekom Austria on its side, putting it in a position to pursue majority control of the operator. It first took a stake in 2012.America Movil is recovering from a less successful experience in the Netherlands where it was blocked from building its stake in KPN after its bid was seen as hostile. Richard is the editor of Mobile World Live’s money channel and a contributor to the daily news service. He is an experienced technology and business journalist who previously worked as a freelancer for many publications over the last decade including… Read more America Movil Q1 revenue slides Richard Handford Related Tags Home Austria open to America Movil upping TA stake
PHOENIX – Jessica Korda had 240 yards to the front of the 15th green Thursday morning in the chilly first round of the Founders Cup. She reached for driver – and caddie Colin Cann didn’t stop her. While she often hits driver off the deck at home in Florida, she hadn’t attempted it in competition. ”It’s just if my caddie has a heart attack or not,” Korda joked. The lanky American spared her looper’s ticker with a shot to 15 feet. ”I think the crowd enjoyed it more than I did, but I did think it was really cool,” said Korda, making her third start following offseason jaw surgery. She settled for birdie on the par 5 – her fifth in the first six holes – after the eagle try lipped out. ”I was really upset, because I was like, ‘That would’ve been so cool,”’ Korda said. ”What did I do after that? Nothing. I didn’t do anything after that.” She did make one more birdie at Desert Ridge, but closed with two of her three bogeys in a 3-under 69 that left her two strokes behind leaders Karine Icher and Chella Choi. Ariya Jutanugarn, playing alongside Korda and defending champion Anna Nordqvist, was a shot back with Inbee Park, Lizette Salas, Cydney Clanton, Mariajo Uribe and Hee Young Park. Korda won three weeks ago in Thailand in her return from the surgery, which corrected a severe overbite. ”It’s been difficult,” said Korda, the daughter of former tennis champion Petr Korda and sister of fellow tour player Nelly Korda. ”I didn’t know when I was going to be able to come back.” Though she no longer has constant headaches, she’s still sore and fighting a head cold – all more difficult in the cold and wind. ”If you guys are going numb, just think about how my lips are turning blue,” she joked. Korda has four straight top-10 finishes, tying for third and second in her final two events last year before the surgery and following the victory in Thailand with a tie for 10th in Singapore. She has worked hard to improve her short game, focusing on her chipping. Full-field scores from the Bank of Hope Founders Cup ”I’m not afraid to miss a green,” Korda said. ”I used to get so frustrated missing greens because I was like that’s an automatic bogey. I knew how hard I would have to work just to make par. … It was really bad. It was like really, really, really bad. If I was 40 yards out, I would probably want to putt it.” Nelly Korda helped mother Regina Rajchrtova – also a former professional tennis player – care for Jessica. ”She was drooling, obviously, because she couldn’t feel the bottom half of her face,” Nelly said. ”Taking off her clothes was a bit difficult because she didn’t have any center of gravity, so she would fall over. It was definitely hard to see her at that stage.” The 19-year-old Nelly had a 72 in the group behind her sister. She tied for second in Singapore, a stroke behind Michelle Wie. The Kordas’ brother, 17-year-old Sebastian, won the Australian Open junior tennis title in January and is the top-ranked junior in the world. Icher bogeyed Nos. 15 and 18 after playing the first 14 holes in 7 under. ”With the wind picking up, it’s a little bit hard,” Icher said. The 39-year-old Frenchwoman birdied five of her first eight holes. ”The fairway doesn’t roll at all and big rough,” Icher said. ”Last year, we had much more roll off the fairway and no rough. And the wind. The wind and the temperature. Usually in Phoenix we play in the 90s, so it’s a different course. We have to adapt.” Choi also finished with a bogey. ”It was windy and tough out there, but every player in same condition,” Choi said. Nordqvist, a Swede who played at Arizona State, closed with a bogey for a 69. Fourth-ranked Sung Hyun Park also had a 69. Wie opened with a 70 in the afternoon. ”It was a grind,” Wie said. ”This course, generally, you feel like you have to shoot 10-under par every day.” Lydia Ko had five bogeys in a 74.
On the latest episode of TRD’s Coffee Talk, publisher Amir Korangy sat with top architect Gregg Pasquarelli of SHoP Architects and major developer Michael Stern of JDS. The pair met while working on the American Copper building at 626 First Avenue. “I had just seen [SHoP’s] work on the Barclays Center,” Stern said. “I said, I have to meet the guy with the balls to do that.”The group talked about the “responsibility of the skyline,” as Stern called it, in building and designing in New York. Pasquarelli and Stern have worked on one project that’s altered the Manhattan skyline: 111 West 57th Street, a luxury residential supertall atop the landmarked Steinway Hall. On designing the structure, Pasquarelli observed, “Several dozen extraordinarily wealthy people are going to live inside this building … but 8 million of us have to live with this building every single day.”The duo noted that while they love working with their other partners, they both find something “special” about working together.“I don’t know what other architect could have given us the integrity of design with all the obstacles on that site,” Stern said of another project, 9 Dekalb Avenue. That building, when finished, will be the tallest in Brooklyn.When asked if he anticipated that designing real estate would be different following the pandemic, Stern said he has “utmost confidence in people’s inability to remember anything very long.”“If anyone thinks they’re gonna write New York off, or thinks that the trend towards urbanization and density around transit is just gonna stop and reverse, they’re wrong,” he added.