Atletico Madrid great Futre: Felix will take the throne from Ronaldoby Carlos Volcanoa month agoSend to a friendShare the loveAtletico Madrid great Paulo Futre is convinced Joao Felix will have a huge future.Indeed, Futre says Felix will be a future Ballon d’Or winner.He declared: “Joao Felix is twenty years old, he is a champion, he can occupy the throne of the best Portuguese player when (Cristiano) Ronaldo will stop and he can also win the Ballon d’Or.” On Juventus star Ronaldo, Futre says that “he’s even better than (Usain) Bolt”.And on Juve defender Matthijs de Ligt, he says he is “a crack, like Felix, and that in the Champions League will find it easier than in Serie A”. About the authorCarlos VolcanoShare the loveHave your say
Minister without Portfolio in the Ministry of Finance and Planning, Hon. Horace Dalley, is assuring public sector workers, particularly security groups, that there is no need to take the option of early retirement, in order to secure pension lump sum entitlements.“The reformed pension system, to come on stream in 2016, will preserve the lump sum entitlement. This government is aware and is extremely sensitive to the fact that retirees depend on this lump sum payment to start their new lives in retirement,” Mr. Dalley said.The Minister, who has responsibility for the Public Service, was making his contribution to the 2013/14 Sectoral Debate in the House of Representatives, on July 2.Mr. Dalley explained that with pension reform being one of the major prior actions required by the International Monetary Fund (IMF), to secure an agreement, the Government had started “earnestly on this mission, because we know that the present pension arrangement is unsustainable.”He further explained that as part of moving the process along, the work of the Joint Select Committee of Parliament was concluded and a report tabled and debated in the House.However, he noted, as the negotiations with the IMF progressed, and wage talks with public sector unions intensified, Cabinet decided that pension reform could not be implemented at this time, but that the pension reform process continues, with a new implementation target date of April 1, 2016.Contact: Alphea Saunders
OTTAWA – There is nothing new about sexual harassment on Parliament Hill, says Employment Minister Patty Hajdu, but it is time to get serious about supporting its victims and stopping it from happening in the first place.“We talk a lot about getting women into politics and if we can’t actually protect the women staffers in our own workplaces, we have a long ways to go,” the Liberal minister said Monday after she opened the debate on proposed legislation to support safe federal workplaces.“This isn’t something that’s a brand new phenomenon,” she told a news conference. “What we’re saying is actually what women have been saying, which is ‘time’s up,’ that it’s time to take action, and that we have the tools to do so.”The legislation, introduced last fall, is aimed at giving workers and employers a clear course of action to better deal with allegations of bullying, harassment and sexual misconduct.Later Monday, MPs agreed with a motion tabled by NDP House leader Ruth Ellen Brosseau to fast-track the legislation, known as Bill C-65, sending it straight to the House of Commons human resources committee for further study.The proposed changes would merge separate labour standards for sexual harassment and violence, subjecting them to the same scrutiny and dispute resolution process, which could mean bringing in an outside investigator to review allegations.The proposed rules, which also apply to banks, transportation, telecommunications and other federally regulated industries, would enforce strict privacy rules to protect victims of harassment or violence.Once passed, the legislation would also allow anyone unhappy with how a dispute is being handled to complain to the labour minister, who could step in to investigate and order sanctions for employers.The new rules would also — for the first time — bring parliamentary staff under the protection of the Canada Labour Code.Staffers would also have access to a neutral third party to examine their complaints, so that they are not forced to rely upon the MP or senator who employs them, especially if that person is also the alleged abuser.That aspect of the legislation has taken on increased significance as the #MeToo movement has reached Parliament Hill, including allegations against Liberal MP Kent Hehr, who resigned from cabinet last week pending an investigation.Last week also saw Patrick Brown step down as leader of the Ontario Progressive Conservatives, months ahead of a provincial election, following a CTV News report that included an allegation of sexual misconduct stemming from his time as a Conservative MP.And then Monday, a report by Maclean’s magazine said the federal Conservative party was aware of an allegation of sexual assault against former Ontario MP Rick Dykstra, yet allowed him to remain on the ballot in the 2015 campaign.Dykstra, who left his post as president of the Ontario Progressive Conservatives over the weekend, has not returned a request for comment.The Liberals asked the opposition parties for the debate on Bill C-65 last week, before the allegations against Brown came to light.“It’s a culture where people who are victims of harassment or sexual violence do not feel safe to bring those complaints forward,” Hajdu said Monday in the House of Commons.Conservative MP Michelle Rempel responded with an impassioned speech on how what life can be like for women on the Hill, where many influential people, often with big egos, work long hours with others in precarious positions.She added that “for all the talk of feminism,” women at all levels are still used as “photo op props” and remain vulnerable to abuse.“We are still given hugs and cheek kisses that linger a bit too long,” she said. “To fit in, we still laugh at the lewd jokes and maybe even tell one ourselves, to be considered safe to socialize with and one of the boys.”She said women are shamed for standing up for themselves as well as for choosing to stay silent.“These things are used to control us, to demean us, and to silence us.”Rempel urged everyone who witnesses harassment to speak up, rather than forcing victims to do it themselves.“We cannot be bystanders any longer,” she said, calling on the government to require everyone — from volunteers and interns to MPs and ministers — to take training on how to prevent sexual harassment from happening in the first place.Of the report on how her own party handled allegations against Dykstra, she said: “Those people should be ashamed of themselves.”— Follow @smithjoanna on Twitter
Companies in this story: (TSX:CNQ)The Canadian Press CALGARY — A new refinery touted as part of the solution to Alberta’s oversupply of heavy oil likely won’t begin processing oilsands bitumen until year-end, several months later than expected.That means 80,000 barrels per day of diluted bitumen that would have been delivered to the $9.7-billion Sturgeon Refinery near Edmonton is instead joining the queue to be placed on overcrowded pipelines leaving the province.Ian MacGregor, CEO of co-owner North West Refining, Inc., says multiple equipment failures have prevented the startup of the part of the refinery designed to break down heavy, sticky bitumen into an upgraded oil that can then be converted into consumer products.He says the refinery contains some 7,000 pieces of equipment and getting them all to operate in concert is taking more time than expected, with the latest setback involving a heat exchanger that was apparently damaged during installation.Sturgeon, the first new refinery built in Alberta in more than 30 years, was completed 12 months ago and has since been producing diesel from synthetic crude upgraded at an Alberta oilsands mine.MacGregor says the refinery is benefiting as high discounts on prices on stranded Alberta heavy oil have also begun to affect light oil and synthetic oil, leading to its feedstock costing as much as US$30 per barrel less than usual.He says the refinery is currently producing between 35,000 and 40,000 barrels per day of diesel.“I think we’re going to be running on bitumen by the end of the year,” he said in an interview.“It will take a while to come up to full capacity because as we put bitumen into it, we’ll find other problems.”The refinery is a joint venture of North West Refining and Canadian Natural Resources Ltd., which is to provide 25 per cent of its bitumen feedstock. The rest is to come from the government-owned Alberta Petroleum Marketing Commission.
New Delhi: A section of AIIMS faculty members have termed as “arbitrary and illegal” the administration’s imposition of conditions for holding a session to discuss caste discrimination at institutes of higher learning, and said it was an attempt to curb their fundamental rights.The organisers have postponed the event, which was to be held on Monday, in protest and have also sought revocation of the terms. A group of doctors, belonging to the forum AIIMS Front for Social Consciousness, had decided to hold a discussion on the topic “Ambedkar’s views on Social Relations: Caste discrimination in Institutions of Higher Learning” and had written to the administration to book a lecture hall for the same. In its reply, the AIIMS registrar issued certain directions for the event to be conducted. Also Read – Odd-Even: CM seeks transport dept’s views on exemption to women, two wheelers, CNG vehicles”No society/forum/association has been allowed to host or participate in the event. No political discussions should be held. No press/media coverage should be done and no press release should be issued without specific approval of the Director AIIMS, as this is being held within the AIIMS premises,” the conditions stated. Professors from the Hindu college and the IIT-Delhi, besides some faculty members, were scheduled to participate in the event. Also Read – More good air days in Delhi due to Centre’s steps: JavadekarThe response from the administration triggered a resentment among a section of doctors who termed it as an attempt to curb their fundamental rights and held a meeting with the director. In a communique to the AIIMS administration over their response, a senior doctor representing the group said the order was “arbitrary and illegal” by any parameter of democratic governance and that it prompted them to hold a meeting with the director over the proposed meeting. The faculty members said the director conveyed that after the election gets over on May 19, the conditions will cease to exist.
Auburn junior quarterback Nick Marshall (14) breaks a tackle during a game against Georgia Nov. 16 at Jordan-Hare Stadium. Auburn won, 43-38.Credit: Courtesy of MCTCollege football is funny.A sport that brings joy and despair to people across the country week in and week out, the game is particularly dubious on the final weekend of the regular season.Known as “Rivalry Weekend,” the final Saturday before the 2013 postseason did not disappoint either.From an Ohio State’s fan perspective, emotional highs and lows ensued from defeating archrival Michigan in Ann Arbor in thrilling fashion — picking off redshirt-junior Wolverine quarterback Devin Gardner in the end zone to deny Michigan the necessary two points that would give them the victory.Fans, players and the like were proud because the Buckeyes had just recorded their 24th straight win under coach Urban Meyer, but also turned their attention quickly to another rivalry game — The Iron Bowl.The same could be said for both myself and my colleagues at The Lantern, who had just left Michigan Stadium with the knowledge that No. 1 Alabama held a touchdown advantage over No. 4 Auburn. Upon tuning into the game on the radio and hearing that the Tigers had tied it up with 32 seconds to go, we made the correct decision to U-turn into the closest restaurant with a TV (Red Robin) because seeing if the unthinkable could happen — The Crimson Tide no longer rolling — was something we could not miss.All year, OSU has been slotted behind the top-ranked Tide and No. 2 Florida State, who had already taken care of business against rival Florida earlier in the day to finish regular season play unbeaten. So, if the Buckeyes were to even get a chance to compete for the final BCS National Championship, ‘Bama was going to need to either fall Saturday or next week in the SEC Title game. It seems unthinkable that an undefeated OSU would be left out of the national championship game, but because of the national perspective of the Big Ten as second tier to other conferences like the SEC, the possibility was at its highest point.Then lightning struck.While we were waiting to order our food, the referees put one second back on the clock, giving Alabama a chance to save its unbeaten season in regulation. Alabama coach Nick Saban turned to redshirt-freshman kicker Adam Griffith to attempt a 57-yard field goal for the win. Griffith’s attempt was short, Auburn senior cornerback Chris Davis retrieved it, and returned it 100 yards for the game-winning touchdown.Red Robin, filled with members of Buckeye Nation, exploded — and I couldn’t help myself but join in on the excitement.With a win against Michigan State in the Big Ten Championship game, the Buckeyes — barring any sort of BCS catastrophe that will allow a one-loss Auburn team to jump them in the rankings — will be heading to Pasadena, Calif., in early 2014 in search of the program’s eighth national championship.In a mere four hours, Buckeye fans went from holding their breath when Gardner took the snap on the two-point play, to extreme jubilation when Alabama’s undefeated season was no more. Suddenly, seeing OSU back at the top of the sport is a very real possibility.As a journalist writing on deadline for the OSU-Michigan game, the last half of The Game’s fourth quarter brought stress to both my fingers and head.But as a college football fan, rivalry weekend proved once again why the sport is tough to be topped.
PR HandoutThe Grace Hopper Celebration India 2017 — the largest conference for women technologists in India — got off to a splendid start with over 3,750 women technologists from 406 global organisations wanting to be the champions of change.Technology, as we all are aware, is changing the economic and social landscape and women are going to be at the fore of the changing landscape.Setting the tone of the two-day mega conference, the Managing Director of ANZ , Pankajam Sridevi in her key note address narrated her experiences of the challenges of bringing about change.She exhorted women technologists to ‘never give up learning’, particularly when technological changes are rapid. Technologies are becoming irrelevant in a short span of time, thus calling for constant learning. “Let’s be ahead of the game,” she said and mentioned that there would be challenges to overcome.Calling upon women technologists to explore and build ecosystems for support around oneself, she said it was imperative to be assertive and not aggressive.”You need to be champions of change.” She mentioned how at one of the World Economic Forum’s it was stated that it would take 181 years to bring about gender parity and that this narrative had to change.”Let’s be the change.” The narrative has to change and stereotypes have to be broken and women should dare to explore. However, one should look at work-life integration, more than work-life balance. Another crucial aspect that women had to develop was financial acumen as not to be dependent.The new President and CEO of AnitaB.org, Brenda Darden Wilkerson, saidwith the baton changing hands she continues to carry the message “I am important for change”.One of the things I want to do is to extend our opportunity to so many more women. The mission of AnitaB.org is to support woman globally and India is an important country in this transformation. Half of India’s undergraduate population comprises women and their needs need to be addressed. PR Handout”I want to start out by listening to different groups of women and to hear what their challenges are and what their desires are,” added Brenda. “I don’t want to assume we know every little thing about every woman. I think that’s one of the things that we suffer from, is that we’re viewed as a monolith.”The Managing Director of AnitaB.org India, Geetha Kannan mentioned how the GHCI event was growing in popularity with the number of attendess increasing to over 3750 from 2909 in 2016 (Alomost 30% more). Also the number of organisations participating have touched 406 from 305 in 2016 (Alomost 32 % more).Geetha further said, “The world today is mianly technology-driven, especially with the advent of the Internet of Things (IoT), Artificial Intelligence, Big Data. If technology has to appeal to a much larger audience, you have to have women in your team because then you’re doing better from a business perspective while also catering to your market.””If India’s population consists of about 49 percent women, a similar ratio should reflect in its corporate culture. If the workforce is not diverse, the relevance of a product is lost on half the population”, added Geetha.
© 2012 Phys.org The dark side of kerosene lamps: High black-carbon emissions Citation: Duo create GravityLight: Lamp that runs off of gravity (w/ video) (2012, December 13) retrieved 18 August 2019 from https://phys.org/news/2012-12-duo-gravitylight-lamp-gravity-video.html This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. More information: www.indiegogo.com/projects/282006 Explore further (Phys.org)—London based designers Martin Riddiford and Jim Reeves have created what they are calling the GravityLight, an LED lamp that runs off of nothing but gravity. The purpose of the lamp is to provide people in third world countries with an alternative to kerosene lamps which cause burns and lung ailments to millions of people too poor to afford any other source of light. The lamp is as simple as it is inexpensive. A cable hangs from a gear mechanism holding onto a plastic bag filled with dirt or rocks. The energy created by gravity pulling the bag downwards is enough to power an LED bulb for up to half an hour. Riddiford and Reeves have posted their creation on the fund sourcing site indiegogo and thus far pledges have doubled the $55,000 goal.The two note on their page that over a billion and a half people in the world today have no access to a reliable electricity source. When it gets dark, their only light source comes through burning wood, peat, or other biomass materials – the most popular by far, is kerosene. They also note that the World Bank has recently estimated that up to three quarters of a billion women and children regularly inhale smoke from kerosene lanterns, which is they say, equivalent to smoking two packs of cigarettes a day – a situation that leads quite naturally to very high lung cancer rates. Also, millions of people are burned each year when kerosene lamps are accidently upended. There’s also the problem of carbon dioxide being added to the atmosphere – collectively about 244 million tonnes a year. All in all they paint a very dire picture. To help fix the problem, the two have spent the past four years looking for and building various lighting options and have now settled on their GravityLight.Their lamp has no batteries and is made in a way the two say will last for a very long time. The weight that drives the lamp is free and collectable virtually anywhere and providing a lamp that doesn’t have any recurring costs will allow, the two say, those that have relied on kerosene lamps to use the money they have been spending on fuel, for other essentials. The overall goal is an improved quality of life.The two expect the GravityLight to originally sell for just $10. After ramping up, they expect that cost to drop to just $5.
The experiment started small, with a research assistant in Finland turning in a few wallets with different amounts of money. He would walk up to the counter of a big public place, like a bank or a post office. And would that answer be different if it was empty or full of cash? Those are questions researchers have been exploring; Thursday, they published their findings in the journal Science. So picture this: You’re a receptionist at, say, a hotel. Someone walks in and says they found a lost wallet but they’re in a hurry. They hand it to you. What would you do? “Acting as a tourist, he mentioned that he found the wallet outside around the corner, and then he asked the employees to take care of it,” says Alain Cohn from the University of Michigan, the study’s lead author. The researchers assumed that putting money in the wallet would make people less likely to return it, because the payoff would be bigger. A poll of 279 “top-performing academic economists” agreed. Read the whole story: NPR
Kolkata: The students going to the residential schools under Sarba Siksha Mission will be made aware of animal welfare.There are 25 residential schools under the mission. The decision was taken following a meeting between Kartick Manna, president of Sarba Siksha Mission and representatives of Love and care for Animals, an NGO working in the field of animal welfare. The duration of the awareness course will be for two years.The students will be made aware about the animal welfare laws and there will be interactive sessions and Also Read – Speeding Jaguar crashes into Merc, 2 B’deshi bystanders killedslide shows.Quiz competitions will be held on the matter that will be shown.Awareness classes have already been held in some state-run schools in South and North 24-Parganas and Kolkata.People working on animal welfare said because of sustained programmes, attacks on stray dogs in Kolkata have gone down.Earlier, many people used to sprinkle boiled water on them and used to tie crackers to their tails and set them on fire. Frightened stray dogs used to run away and many of them got killed.Susmita Roy a spokesman for Love and Care for Animals said the students show great interest in the awareness classes. “If they are trained in school days they will develop love for the pets and stray animals,” she said adding “this is very important at a time when deserting pets, particularly when they grow old, has reached an alarming level in the country and alsoin Kolkata.”
Kolkata: Metro services were disrupted for 10 minutes on Sunday morning, after water from the sewerage line overflowed and went on the track. Immediately, Kavi Subhas bound rakes were stopped at different Metro stations. Services were resumed after the track was clear.Meanwhile, later in the evening, train services on the Sealdah-Naihati main line were partially affected after the pantograph of a local train broke. According to sources, on Sunday morning at around 11:17 am, a Metro rake developed a technical snag and came to a halt just before entering Rabindra Sarobar station. The motorman tried to restart the rake but failed. Immediately, he informed Metro authorities at the station about the glitch. Also Read – Rs 13,000 crore investment to provide 2 lakh jobs: MamataWithin minutes, engineers and other Metro staff went to the rake and tried to find out the cause. While doing so, they noticed that the drain located in the middle of the track was filled to the brim. As a result, water overflowed and reached the track. Immediately, electricity connection to the third rail was cut off and a power block was activated to avoid any untoward incident. The rake was evacuated. After 10 minutes, the track was cleared and power to the third rail was restored. Also Read – Lightning kills 8, injures 16 in stateMetro authorities have acknowledged the disruption. According to the officials, services were resumed at 11:27 am. Meanwhile, the Down line was operational. Some Kavi Subhas bound rakes ran late due to the problem. In another incident, train services in the Sealdah-Naihati main line got partially affected after the pantograph of a Naihati-Majerhat local broke on Sunday afternoon at around 4:45 pm, between Ichhapur and Barrackpore railway stations. Three tower wagons along with maintenance staff were sent to the spot to fix the pantograph as soon as possible. Delayed train movements were arranged using Up and Down suburban lines. However, Sealdah-Lalgola Dhanadhanya Express was detained for quite a long time. Later, it was passed using the Up suburban line, which was being used for local trains.
May 14, 2007 This continues the report from 5/9/07 about installation of a set of solar panels. Eight panels, each with 160 Watt capacity, were donated by PTL [Photovoltaic Testing Laboratory], which is a part of Arizona State University. Installation of utilities is in progress in a maintenance room below the S.O.D. Unit. The new utility board is mounted with the new DR Series Power Inverter/Charger and other utility instrumentation. This will bring together the wiring from the solar panels to distribute collected energy from the panels to path lighting fixtures, and monitor collection and distribution. [Photos & text: sa] [from upper left] Workshop participant Rebecca Manning and Dr. Sparks install the electric conduit that will protect the wiring leading from the solar panels to the utility maintenance room. [Photos & text: sa] [from upper left] Brackets for the solar panels have been installed and painted and the crew now lifts and mounts the individual panels into place. The panels were graciously donated by PTL [Photovoltaic Testing Laboratory], which is a part of Arizona State University. We extend a hearty Thank You to Program Manager William Shisler for this generous donation. This report continues on 5/16/07. [Photos: Julian Lauzzana, sa & text: sa]
Dean StonebackThe US Society of Cable Telecommunications Engineers (SCTE) has named Dean Stoneback as senior director of engineering.Stoneback previously served as senior technical marketing manager with Arris and as senior manager, systems engineering, access networks for Motorola. At the SCTE he will be responsible for the development of standards, recommended practices and training material, reporting to Daniel Howard, senior vice-president and chief technology officer.“Throughout his career, Dean Stoneback’s innovative approach, his commitment to technical excellence and his collaborative spirit have contributed to the growth of our industry,” said Howard. “We anticipate that those same characteristics will be invaluable in creating the resources needed to pave the way for the services of tomorrow.”“As cable continues to evolve, standards and professional development opportunities that align with new technologies are essential to the industry’s growth,” said Stoneback. “I look forward to working with SCTE and its members to help the industry capitalize on technological advances and shape new service opportunities.”
Timothy HoettgesDeutsche Telekom wants to be a “content aggregator” rather than an exclusive media rights-holder and will use its forthcoming launch of a new TV platform to support its aggregator strategy, according to CEO Timothy Hoettges, speaking to analysts after the company reported quarterly earnings at the end of last week.Hoettges said that Telekom’s main aim was to make life simpler for consumers by acting as an aggregator for the proliferating online video services and TV channels available, making as much as possible available via a single platform.He said that Telekom had a “partner strategy” for video, and that “our new TV platform, which is coming out soon, supports this idea”, without giving further details.Hoettges said that Deutsche Telekom would “have a look” at the forthcoming auction of Bundesliga rights and that the company had “not taken any final decision” on whether to bid. However, he said, a strategy of spending big on exclusive rights in a market with numerous free-to-air services, on the model of what BT has done in the UK, would “not be the appropriate answer” in Germany.Deutsche Telekom posted strong domestic TV numbers at the end of last week, growing its IPTV and satellite TV base in Germany by 2.5% quarter-on-quarter, taking its total to 3.768 million, an additional 27,000 over the three months since March. Year-on-year growth was 11.2%. Germany also saw strong retail broadband growth in the period.
Dee ForbesDiscovery’s Northern Europe chief, Dee Forbes, is leaving the company to become the first female director general of Irish pubcaster RTÉ.Forbes was president & MD of Discovery Networks Northern Europe, having previously been president and MD of Discovery Networks Western Europe at Discovery.Prior to joining Discovery in 2009, she was a senior channels exec at Turner.She will now take control of RTÉ in Ireland. Local reports said the RTE board met today to approve her appointment. She replaces the outgoing Noel Curran, who is set to exit the broadcaster at the end of the month.“The appointment of Dee Forbes stands to mark a significant moment in the development of RTÉ,” said Moya Doherty, chair of the board, RTÉ. “Not only is this the first Director-General in almost fifty years to be appointed externally, but she will also be the first female to hold the role.“RTÉ is at a pivotal moment, one where the future shape and financing of public service broadcasting is being re-imagined. I am delighted to have someone with such a breadth of industry experience, such a creative and visionary understanding of the global broadcasting market, and a proven management record.”JB Perrette, president of Discovery Networks International thanked Forbes for her tenure at the company. “Over the past six years, she spearheaded the growth and diversification of our European businesses, including expanding our leading content genres and brands from male factual to female lifestyle to general entertainment and sports.”He added: “She also led the team that extended the reach of our content beyond pay-TV services by launching successful free-to-air channels in several markets. Although Dee will be missed, she leaves behind a strong business and a talented team, and we wish her well as she returns to her beloved homeland.”Forbes said: “I have thoroughly enjoyed my time at Discovery. It is a world-class media company with huge ambitions, inspirational leadership in David Zaslav and JB Perrette, a passionate workforce, and a promising future.“Although it was a tough professional decision to leave Discovery, the personal decision to return to Ireland and lead its biggest broadcaster, RTE, is an opportunity of a lifetime.”
Telekom Austria Group has struck a deal to acquire a controlling stake in Croatian fixed-line operator Metronet.The telco is acquiring the stake through its existing local operator Vipnet from a range of Croatian corporations, financial institutions and individuals, including Quaestus Private Equity Fund.Metronet primarily serves the business segment with data, voice, managed IT and cloud services and approximately 4,300 corporate customers, who generated approximately 90% of total revenues in 2015.The company is present in 66 cities, reaching approximately 85% of all corporate customers in Croatia via its fibre network. In 2015, the company generated revenues of approximately €28 million and EBITDA of approximately €12 million.Telekom Austria Group will finance the transaction via its existing cash flow. It did not disclose the price. Closing is expected for Q1 2017. The transaction is subject to merger control clearance.“The acquisition of Metronet strengthens the Group’s Croatian business, where it has been offering convergent services since 2011,” said Alejandro Plater, CEO and COO, Telekom Austria Group.