Business model builds on core strengths and client franchises in the Securities and Advisory businesses, while downsizing or exiting certain businesses; recalibration to the market environment
UBS today announces the repositioning of its Investment Bank following a detailed review of the strategy by the Chairman and CEO of the Investment Bank, Jerker Johansson, members of [...]

Sprint Nextel (NYSE:S) today announced it has completed the previously announced sale of approximately 3,080 towers to TowerCo for an estimated $670 million in cash, with the number of towers and sale price subject to post-close adjustment. The two companies have also signed a long-term leasing agreement for TowerCo to provide Sprint Nextel with wireless [...]

NextG Networks, Inc. today announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. NextG is a leading provider of distributed-antenna-systems, which utilize public-right-of-way structures, such as utility poles and lamp posts, to enhance network coverage, capacity, and performance for wireless [...]

Non-executive directorship further strengthens the Board
Warrington, UK, 8th May 2008 – Martin Dawes Systems, an international provider of solutions for the convergent communications market, today announced the appointment of Sir Julian Horn-Smith to its board as a non-executive director.
Martin Dawes Systems is committed to developing its business into new markets. As a senior figure [...]