Denis O’Brien, Chairman of Digicel Group Ltd. interview with Erik Schatzker and Stephanie Ruhle on Bloomberg Television’s “Market Makers.”

O’Brien also threw his weight behind Google’s Android, saying “Android has some super products coming. Samsung has an equally good product,” making reference to the Samsung Galaxy S3 one can assume, the phone many consider the main competitor to the Apple’s iPhone 5S in the super high-end mobile phone bracket.

Published

13 years ago

October 1, 2012

BusinesSuiteOnline

Blackberry he said, “are in this kind of dead zone where they have a fantastic operating system” but suggest that they need a parallel one as is Android. He also suggested that Windows needed to spend more money in investment to make it more pervasive.

“Why are we going to do business with Apple when we’re going to give all our money away?” O’Brien continued.

He also stated that the popularity of the iPhone also made it unlikely for network carriers Verizon and AT&T to speak out about the relationship between Apple and carriers because they were “too afraid” of the backlash from consumers who love and use these products as they hit the market. “It’s killing margins and that’s stopping investment in data and building bigger data networks and faster networks which are ultimately going to be where the world is shifting to.”

To view the full interview please follow this link

http://www.bloomberg.com/video/digicel-chairman-o-brien-on-apple-irish-economy-983p1tC7RBu5jZwdlcisdw.html

John Mahfood “I Listed on the JSE to Raise Capital for My Business”

Published

9 years ago

November 24, 2016

Managing Editor

JSE Online Trading Platform

Published

9 years ago

November 24, 2016

Managing Editor

Grace Stockholders To Vote On 3-for-1 Stock Split Today

Published

9 years ago

July 11, 2016

BusinesSuiteOnline

Shareholders of GraceKennedy Limited will this morning meet to consider and, if thought fit, approve a recommendation for a three-for-one stock split.

If approved, shareholders will receive three stocks for each one that is currently held.

According to group CEO Don Wehby, the stock units with a market price of J$115.00 per stock unit prior to the split will now increase threefold with an initial price of J$38.33 per stock unit

He says the stock split would allow GK’s stock to be made available to more investors while further enhancing the market for the shares.

Ahead of this morning’s Extraordinary General Meeting, GK last week issued 59,360 additional GK shares.

UK Loses S&P Triple A Rating

Published

9 years ago

June 27, 2016

BusinesSuiteOnline

The UK has lost its top AAA credit rating from ratings agency S&P following the country’s vote to leave the EU.

S&P says the referendum result could lead to “a deterioration of the UK’s economic performance, including its large financial services sector”.

Earlier the pound plunged to a 31-year low against the dollar, and UK markets closed lower for a second day. On Friday,

Moody’s cut the UK’s credit rating outlook to negative.

Caribbean Hotels Named In Jetsetters’ 2016 Best Of The Best

Published

9 years ago

June 27, 2016

BusinesSuiteOnline

Three Caribbean hotels have been named in US-based travel and lifestyle magazine Jetsetter’s 2016 Best of the Best awards.

The list which was published recently, highlighted the world’s 20 best hotels in categories ranging from Best Over-The-Top Luxury to Best Safari Lodge.

Included in the list were Antigua and Barbuda’s Barbuda Belle Luxury Beach Hotel, Anguilla’s Zemi Beach House Resort & Spa, and St Lucia’s BodyHoliday.