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Showing posts with label Springhill Group: DPRK jams GPS of ROK Airlines. Show all posts
Showing posts with label Springhill Group: DPRK jams GPS of ROK Airlines. Show all posts

Tuesday, July 17, 2012

Springhill Group: DPRK jams GPS of ROK Airlines l Blogger - Zimbio

http://www.zimbio.com/Springhill+Group/articles/86-SEYoqpga/SPRINGHILL+GROUP+Springhill+Group+DPRK+jams


GPS jamming signals coming from North Korea has forced South Korea to order its military and civilian air transports to switch on alternative navigational devices to avoid disruption.
 
A statement from the ministry has confirmed that they were able to warn airlines and pilots of the 241 affected South Korean flights along with the 11 foreign airlines like Thai Airways, AirPhil, FedEx, Japan Airlines and Cathay Pacific Airways. But even as the GPS jamming signals continued, South Korea sees no serious threat to navigational safety.
 
Korea Communications Commission confirmed that the GPS jamming signals have been coming from a city on North Korea side of the border. “We’ve traced the jamming signals to the direction of Kaesong,” a commission deputy director told Springhill Group.
 
According to the transport agency, planes that suffered from GPS signal jamming were instructed to use the alternative navigation systems and were not delayed in their schedules. The signal jamming appears to be focused on air traffic at Gimpo and Incheon airports, both of which are around 30 miles from the border.
 
Despite the GPS disruption, Springhill Group reports that there was no serious threat to flight safety as airplanes are capable of using other navigation devices like inertial navigation system and very-high-frequency omni-directional range (VOR). Meanwhile, military communications and transportation were not greatly affected as they do not primarily depend on the GPS system.
 
North Korea did not admit anything so the reason for the GPS jamming remains unclear as fears that another nuclear test might follow is escalating.
 
Likewise, it is not known for just how long the jamming will continue as during last year’s South Korea-US military drill, the radio signal jamming from Pyongyang has lasted for ten days. At any rate, South Korea is always on the lookout for any provocation from its neighbor, especially as a nuclear specialist has said that North Korea appears to be finishing its preparations for a nuclear test and might just be waiting for a government green light.
 
Last year, the defense minister of South Korea has warned that jamming devices could potentially disrupt guided weapons, posing a threat to security. The devices are effective for approximately 150 miles when put on structures like a TV transmission antenna and it is widely believed that Pyongyang got the devices from Russian firms as they were already encountered previously during the Operation Iraqi Freedom where GPS-guided weapons missed their targets.
 
North Korea has long been known for its provocative actions attempting to get the world’s attention. The most notable of the threats was issued through news agencies last month and have raised great concern:
 
“The special actions of our revolutionary armed forces will start soon to meet the reckless challenge of the group of traitors…. They will reduce all the rat-like groups and the bases for provocations to ashes in three or four minutes, in much shorter time, by unprecedented peculiar means and methods of our own style.”

SPRINGHILL GROUP: News Corp Splitting Into 2 Companies l Blogger - Zimbio

http://www.zimbio.com/Springhill+Group/articles/xOcW-sH2zle/SPRINGHILL+GROUP+News+Corp+Splitting+2+Companies

Embattled Rupert Murdoch’s empire, News Corp. appears to be planning a spin-off of its core businesses.

Its own flagship newspaper, The Wall Street Journal, has reported this week that the company’s board is considering a proposal that will make its publishing arm into a separate company.

Springhill Group Home analysts expect such separation of assets would appease regulators and could help it to avoid selling a USD 6.9 billion stake. Fortunately, the same became true for investors as the announcement was met with the rallying of News Corp’s stock to 8.3% high — the highest level it has reached since 2007.

“News Corp. has one of the best TV businesses, but some people like musty, dusty publishing companies that pay great dividends. It’s a good thing for shareholders.” said an analyst from Lazard Capital.

The media conglomerate has not yet specified which business units would be grouped together but the company is reportedly mulling to separate the entertainment operations from the book and newspaper publishing one.

News Corp’s publishing business brought in USD 8.8 billion in profit last year, accounting for about 7% of the company’s enterprise value or 24% of the revenues. This division includes a number of prominent newspapers (Times of London, The Wall Street Journal, New York Post, The Australian and the Sun) and HarperCollins book publisher, all of which are valued for around USD 5 billion.

Meanwhile, its entertainment business is more profitable with revenues of USD 23.5 billion last year, accounting for around 75% of the firm’s profit and almost all of the operating revenue in the first half of the fiscal year. News Corp’s television and film business consists of the Fox News channel, Fox broadcasting network and 20th Century Fox film studio.

Experts are saying that the move to split the news and media operations from its more profitable film and TV businesses might be a good one, as the former has been marred by the phone-hacking scandal in UK and is continuously under pressure from failing advertising target revenues.

News Corp is retaining the investment banks Blair Ephron’s Centerview and Goldman Sachs in handling the process