The Managing Director of the Liberia Telecommunications Corporation (LIBTELCO), Sebastian Muah, has clarified that the price tag on the transaction between Novafone and Libtelco is US$10.4 million, not US$30 million as it has been reported.Director Muah made the disclosure at the Ministry of Information’s regular Thursday press briefing held on Capitol Hill in Monrovia.He said, “The acquisition of 100 percent shares in Novafone means Libtelco can do what it needs to foster its commercialization and strategies; and it means Novafone continues to run, but with a new management team and direction.”Expanding on the benefits of the agreement, Director Muah said with the acquisition of Novafone, Libtelco will also maintain the current license, which costs US$1 million a year or US$15 million for 15 yearsHe said the value of the remaining cost on the license is about US$12 million.“Novafone has a competitive asset that will allow Libtelco immediate national coverage and provide immediate competition… the manufacture of the core network of Novafone put the replacement value on its equipment with still 10 years remaining.“US$11 million depreciated over the last three years would net to about $8-9 million,” Director Muah said.He said the cost to build over 100 sites for Novafone across the country would cost over US$5 million, including a fully online site without access to network equipment. Libtelco, he said, would spend over 24 months to get access to the network.“Novafone has active subscribers base between 90,000 in a month and 190,000 in a three month period. These subscribers pay on the average US$3-5 per month. Telecom’s valuation takes into account customers. Despite all the challenges, Novafone’s revenue for the last two years exceeded US$4 million,” the Libtelco boss said.He said Libtelco saw an opportunity to acquire the network and use Novafone as the vehicle because Libtelco intends to accelerate the revenue growth, which continues to rise year by year.“Our focus is to increase the operation’s profit margin. Since Novafone was not experiencing losses due to the decline in revenue, it continues to increase in its operational costs. We also saw it as a way to accelerate Libtelco’s market access immediately and not wait for 24 months down the road,” he said.On the impact on the government and Liberians, who are owners and customers, Director Muah said Libtelco’s license extends to 2030 and its equipment lifespan extends to 2026.“For the next ten years, provided we do not divest our plan, the government stands to save over 70 percent of its current budgeted telecom cost, which is right now valued at US$5-7.2 million per year. That’s US$50-72 million in 10 years. It also means the government can now boast of having a national infrastructure to provide the kind of service and system that is required to transform Liberia,” he said.Director Muah said the government will be able to bring online not only emergency systems, but financial systems that would take cash out of people’s hands and make financial transactions traceable.Meanwhile, he said Libtelco, with stringent measures, will be completing the proverbial fiber ring in July this year from operating revenue, and not subsidies or loans.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)
Faridpur road accident kills two people. Photo: UNBTwo people were killed and three others injured after a lorry fell into a ditch by Dhaka-Khulna highway in Shibrampur of Faridpur sadar upazila on Saturday morning, reports UNB.The identities of the deceased couldn’t be known yet.Nurul Alam, senior station officer of Faridpur fire service, said the Faridpur-bound lorry from Dhaka fell into the roadside ditch after its driver lost control over the steering, leaving two people dead on the spot.The injured people were sent to Faridpur Medical College and Hospital, he added.
The new “BrewDog Show” features James Watt (above right) and Martin Dickie (left), co-founders of the brewery, traveling the world to celebrate other beer-making practitioners and enthusiasts. The company’s headquarters is located north of Aberdeen, Scotland, and its U.S. operations are housed on a 42-acre site in Columbus, Ohio, that opened in 2017.Other BrewDog Network originals are: “Are You Smarter Than a Drunk Person?”, hosted by actress-comedian Alison Becker (“Parks and Recreation”); “Four Sheets,” featuring comedian Zane Lamprey in a “drinkation” adventure inspired by his long-running series “Three Sheets”; and “Business Punks,” a docu-series in which Watt profiles “business misfits who have clawed their way to success.”“After our previous TV show ‘Brew Dogs’ got cancelled, we didn’t want to sit around in our underpants, crying into a tub of ice cream,” Watt and Dickie said in a joint statement. “So we decided the only thing to do would be to build our own TV network.”BrewDog Network’s lineup of acquired content includes: William Shatner’s “Brown Bag Wine Tasting”; Zane Lamprey’s “Drinking Made Easy”; “The Flying Winemaker,” an international wine and travel show; “Surfing the Menu,” hosted by chef Curtis Stone, in which two cooks travel discover the tastiest food and recipes in far-flung locales; and “Never Ever Try this at Home,” a comedy-reality series featuring hosts Teddy Wilson and Norm Sousa.To launch the SVOD service, the brewery teamed with L.A.-based production company Redtail Media, which produced the original “Brew Dogs” TV series. Redtail partners Chris Burke and Jared Cotton serve as BrewDog Network’s GM and head of creative, respectively.Watt and Dickie founded BrewDogs in 2010 through crowdfunding initiative Equity for Punks, raising £56 million ($72 million) over five rounds.Watch BrewDog Network’s sizzle reel:Pictured above: BewDog co-founders Martin Dickie (l.) and James Watt Popular on Variety ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15 Netflix has been spending money on streaming-video content like, well, a drunken sailor. Now comes a subscription VOD product from a Scottish beer-brewing company that’s geared around a tippling lifestyle — with a show lineup that includes such fare as “Are You Smarter Than a Drunk Person?” and “Four Sheets.”Indie brewery BrewDog is launching the BrewDog Network, with several hundred hours of programming spanning craft beer, cocktails, food, travel, comedy, game shows, and documentaries. The SVOD service, priced at $4.99 monthly, features 14 original series at launch, including “The BrewDog Show,” a reboot of the TV series that previously aired on NBCUniversal’s Esquire Network (which shut down in early 2017).The SVOD service is available worldwide on Android and iOS devices and online at brewdognetwork.com. The five-bucks-per-month fee, the company noted, is less than the price of a pint of its beer.
Bangladesh High Commission in New Delhi has observed the Armed Forces Day paying homage to Bangabandhu Sheikh Mujibur Rahman and the martyrs of the War of Liberation in 1971.The day was observed on November 21, when in 1971 the Army, Navy and Air Forces of Bangladesh became fully operational and launched a coordinated offensive against the Pakistani occupation forces. The mission’s defence wing hosted a largely attended reception with Lieutenant General Amarjeet Singh Bedi, Director General Defence Intelligence Agency and Deputy Chief of Integrated Defence Staff of India, as the chief guest. It was attended by 1971 war veterans, foreign diplomats, military attaches, journalists, academics and city elites. Defence Adviser of Bangladesh High Commission Brig. Gen. A K M Ziaur Rahman, ndc, psc welcomed the guests. Chief Guest General Bedi spoke highly of the excellent relations existing between Bangladesh and India, the foundation of which was laid during Bangladesh Liberation War fully supported by India. He also highlighted the growing defence cooperation between the two friendly neighbours. High Commissioner Syed Muazzem Ali paid homage to Father of the Nation Bangabandhu Sheikh Mujibur Rahman who had led and inspired the Bengalis to fight for freedom and independence in 1971. He also also paid tributes to the valiant war veterans of India who had fought side by side with the freedom fighters of Bangladesh. The mission also brought out a special supplement to mark the Armed Forces Day in cooperation with New Delhi’s prestigious magazine, India Empire.
This hands-on workshop will give you the tools to authentically connect with an increasingly skeptical online audience. Opinions expressed by Entrepreneur contributors are their own. It sounds basic, but the first step in setting up a technology solution for working with offsite employees is to figure out just what you need to do with your extended work force. Most growing businesses with multiple work sites will have two particular needs at the top of their list: the ability for employees to talk with each other on a minute-by-minute basis and the ability to have access to files away from the office. To add to the challenge, these needs have to be met at a price point that won’t strain the budget.Meeting these requirements doesn’t require deep secrets or complex technology. Basically, it’s about e-mail, telephones and IM. For e-mail, outsourcing can provide extra features, higher security and web access. For IM, you can use the many free solutions offered online. And if you want access to customers no matter what IM platform they’re using, try chat clients like Trillian that allow you to cross platforms. And for that pesky file-sharing problem? Look for in-house servers that offer secure web access and online file sharing. 1 min read Enroll Now for Free January 30, 2007 Free Workshop | August 28: Get Better Engagement and Build Trust With Customers Now
Register Now » October 25, 2017 This story originally appeared on Business Insider Psychologists are quickly learning how dangerous smartphones can be for teenage brains.Research has found that an eighth-grader’s risk for depression jumps 27 percent when he or she frequently uses social media. Kids who use their phones for at least three hours a day are much more likely to be suicidal. And recent research has found the teen suicide rate in the U.S. now eclipses the homicide rate, with smartphones as the driving force.But the writing about smartphone risk may have been on the wall for roughly a decade, according to educators Joe Clement and Matt Miles, co-authors of the recent book Screen Schooled: Two Veteran Teachers Expose How Technology Overuse is Making Our Kids Dumber.It should be telling, Clement and Miles argue, that the two biggest tech figures in recent history — Bill Gates and Steve Jobs — seldom let their kids play with the very products they helped create.”What is it these wealthy tech executives know about their own products that their consumers don’t?” the authors wrote. The answer, according to a growing body of evidence, is the addictive power of digital technology.”We limit how much technology our kids use at home.”In 2007, Gates, the former CEO of Microsoft, implemented a cap on screen time when his daughter started developing an unhealthy attachment to a video game. He also didn’t let his kids get cell phones until they turned 14. (Today, the average age for a child getting their first phone is 10.)Bill Gates wouldn’t allow his children to have cell phones until they turned 14, fearing the effects of too much screen time.Image credit: Shutterstock Rex for EEMJobs, who was the CEO of Apple until his death in 2012, revealed in a 2011 New York Times interview that he prohibited his kids from using the newly-released iPad. “We limit how much technology our kids use at home,” Jobs told reporter Nick Bilton.In Screen Schooled, Clement and Miles make the case that wealthy Silicon Valley parents seem to grasp the addictive powers of smartphones, tablets and computers more than the general public does — despite the fact that these parents often make a living by creating and investing in that technology.”It’s interesting to think that in a modern public school, where kids are being required to use electronic devices like iPads,” the authors wrote, “Steve Jobs’s kids would be some of the only kids opted out.”Jobs’s children have finished school, so it’s impossible to know how the late Apple co-founder would have responded to education technology, or “edtech.” But Clement and Miles suggest that if Jobs’s kids had attended the average U.S. school today, they’d have used tech in the classroom far more than they did at home while growing up.That’s at the average school at least, according to the co-authors. A number of specialty Silicon Valley schools, such as the Waldorf School, are noticeably low-tech. They use chalkboards and No. 2 pencils. Instead of learning how to code, kids are taught the soft skills of cooperation and respect. At Brightworks School, kids learn creativity by building things and attending classes in treehouses.Edtech won’t be a “cure-all.”If there is any concession Gates has made on technology, it’s in the benefits it offers students in certain educational settings. In the years since Gates implemented his household policy, the billionaire philanthropist has taken a keen interest in personalized education, an approach that uses electronic devices to help tailor lesson plans for each student.In a recent blog post, Gates celebrated Summit Sierra, a Seattle-based school that takes students’ personal goals — like getting into a specific college — and devises a path to get there. Teachers in personalized learning settings take on more of a coaching role, helping to nudge students back on track when they get stuck or distracted.Technology in these cases is being used as specifically as possible — and in ways Gates recognizes as useful for a student’s development, not as entertainment.”Personalized learning won’t be a cure-all,” he wrote. But Gates said he’s “hopeful that this approach could help many more young people make the most of their talents.” 4 min read Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global Growing a business sometimes requires thinking outside the box.
MONTREAL — Air Canada is boosting its 2017-18 schedule with six new seasonal routes, including five on Air Canada Rouge – Vancouver-Orlando, Toronto-Belize, Toronto-St. Vincent, Montreal-Lima and Montreal-Phoenix – and one on Air Canada (Vancouver-Melbourne). All flights are now open for bookings and all are part of the airline’s strategic expansion of its international network.So far in 2017 Air Canada has launched new international services between Montreal-Shanghai, with Vancouver-Taipei, Vancouver-Nagoya, Vancouver-Frankfurt, Vancouver-London Gatwick, Toronto-Mumbai, Toronto-Berlin, Toronto-Reykjavik, Montreal-Reykjavik, Montreal-Tel Aviv, Montreal-Algiers and Montreal-Marseille inaugural services to begin in the weeks to come.“Air Canada is continuing its strategic, global expansion with a diverse range of exciting new non-stop routes this winter to Australia, South America, the Caribbean and the United States,” said Benjamin Smith, President, Passenger Airlines at Air Canada. “Vancouver-Melbourne is our third route to Australia, in addition to year-round service to Sydney and Brisbane. Our seasonal Melbourne service will provide additional options for business travellers between North America and Australia as well as Australians seeking a Canadian winter vacation experience.”More news: War of words between Transat, Group Mach ramps upMontreal-Lima is Air Canada’s first South American route from its Montreal hub, and will offer travellers from Quebec and Atlantic Canada convenient access to Peru, complementing existing year-round flights from Toronto, says Smith.The addition of the first long-haul, international scheduled service to St. Vincent in the Caribbean, along with the addition of Toronto-Belize, Montreal-Phoenix, Vancouver-Orlando “offers new choices for travellers looking to escape Canadian winters,” he adds.All new routes are timed to optimize connectivity at Air Canada’s Toronto, Montreal and Vancouver hubs to and from the airline’s network across North America and globally.The Vancouver-Melbourne service is four times weekly and runs Dec. 1, 2017 – Feb. 4, 2018. The Vancouver-Orlando flights run Dec. 20 – April 8, twice weekly. Toronto-Belize City starts Dec. 15 and goes through April 13, with weekly flights. Toronto-St. Vincent is also weekly, from Dec. 14 – April 12. Montreal-Lima starts Dec. 16 and goes until May 27, twice weekly. Montreal-Phoenix will operate Feb. 22 – May 28, three times weekly. Travelweek Group Tags: Air Canada, Air Canada rouge, America, Arizona, Australia & New Zealand, Belize, New Routes, Orlando, Peru, St. Vincent and the Grenadines Wednesday, May 3, 2017 Air Canada adds 6 new routes to Australia, South America, Caribbean, U.S. << Previous PostNext Post >> Share Posted by