Network operators Orange, Numericable-SFR, Bouygues Telecom, and Iliad areexpected to bid in the auction. The four bought a first batch of4G licences in the 800 and 2.6 megahertz bands in 2012 for 3.5billion euros.
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- In March 2012, about half of Detroit's unions accepted paycuts and other concessions to save the city $68 millionannually. In July, Bing imposed 10 percent pay cuts on workers.- In December 2012, state officials, concerned about the slowpace of reforms, launched a preliminary review of Detroit'sfinances. The review team concluded Detroit had a seriousfinancial problem, triggering a deeper probe that led to theappointment of an emergency financial manager.- An audit released on Jan. 3, 2013, showed Detroit's cumulativedeficit jumped to $326.6 million at the end of fiscal 2012 onJune 30, from $196.6 million in fiscal 2011.- On Feb. 19, 2013 the review team concluded that Detroit faceda fiscal emergency. The report said the city was plagued by"operational dysfunction" and that it continued to deplete cashreserves and faced a cash deficit of $100 million by June 30without significant spending cuts.- On March 1 2013, Snyder cleared the way for a state takeoverof Detroit's finances by accepting the team's fiscal emergencydetermination. He also said he had a top candidate for the jobof emergency financial manager.
Mr Ahmed adds that such a digital only approach also enables WorldRemit to charge fees that are less than half those of the big players, a statement which is confirmed when you check its prices against those of the likes of Western Union.
Poland long denied allowing U.S. intelligence to use a secret site in the country for interrogations but on Wednesday former President Aleksander Kwasniewski acknowledged his government let U.S. officials run a facility there. But when asked at a news conference in Warsaw if he knew what his NATO ally was doing, said: "About what the CIA was doing? No. Inside the site, no."