Archive for the ‘News’ Category

PostHeaderIcon Roaming technology.

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In wireless telecommunications, roaming is basically the general term for a service in a position that is entirely dissimilar from the original location where the service was listed. This term “roaming” can also be applied to the CDMA technology.

Traditional GSM Roaming is the capacity for a mobile subscriber to automatically make and get send and receive data, voice calls, or contact other services, which includes home data services, when travelling outside the geological coverage region of the network, via the use of a visited network that may be present where the subscriber is in.

All prepaid and cellphone plans have this option for all of the mobile phone users’ convenience because they acknowledge the possibility of having their subscribers roam anywhere in the world, whether it’s for business or personal reasons.

AT&T phones and all other cell phone units available today have the compatibility for this kind of possibilities so wherever you may want to be in, as long as you are subscribed to the roaming feature and there is an available at&t phones network, you can contact and be contacted any time.


PostHeaderIcon Lehman Brothers’ Real-Estate Carcass battle.

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Lehman Brothers Holdings Inc.’s bankruptcy has turned the real-estate industry into a world of haves and have-nots. When the investment bank collapsed in September, its property assets alone were valued at a staggering $43 billion, making it one of the largest real-estate bankruptcies ever.

Since then, Lehman’s partners, creditors and vendors in hundreds of property deals have been fighting for what is left of the investment bank’s real-estate carcass. Typically, partners of a company in bankruptcy can squeeze more funding for a project by convincing the judge that the investment will increase the value of the estate in the long run.

But that is a difficult argument to make in the worst commercial real-estate market in decades. Lehman plans to tap some of its $6 billion cash hoard to prop up selected real estate plays. For instance, Lehman received the court’s permission to allocate $230 million to apartment giant Archstone to keep it afloat.
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PostHeaderIcon Mount Holly has property for sale!

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City leaders hope real estate agents can help bring in more than $1 million from the sale of surplus property. L&E Properties of Mount Holly is attempting to sell the former police department on N.C. 27 and the 1.4 acres on N.C. 273 originally slated for an ABC store. The properties have been listed for more than a month.

City officials purchased the property for $500,000 in 2005, two years after the alcohol referendum passed. The current listing price is $749,000.ABC store property - typically purchased by an ABC board - was snatched up by city council in preparation of a store, Guffey said. Once planned as a shared project with Gastonia and Mount Holly, that partnership never came to fruition, and officials decided the undertaking was too great for one municipality.

The Mount Holly ABC Store opened October 2005 in a storefront in Springs Crossing beside Food Lion on N.C. 273. The ABC board leased the space until October 2008 when it moved into a neighboring store that will now be purchased outright for $800,000.
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